$SOL

The Solana Foundation has signed a strategic agreement with VARA in Dubai to strengthen cryptocurrency ties. MEXC is also sponsoring the Solana APAC Summit 2025, reinforcing its commitment to the SOL ecosystem.

- *Decentralized Finance (DeFi)*: Bybit has introduced Byreal, its first DEX based on Solana. Owlto Finance has integrated with the Solana network for cross-chain fund transfers and has revealed Solana Bridger NFT airdrops for the community.

- *Network Updates*: The co-founder of Solana has proposed a meta chain to address blockchain fragmentation. The network has also seen updates like Alpenglow, a significant consensus improvement with finality of less than 1 second.

- *Tokenized Assets*: The xStocks platform on Solana has dominated 95% of the tokenized stock volume, demonstrating its potential for the revolution of real-world assets.

- *Investor Interest*: Classover, an edtech firm listed on Nasdaq, has invested 550 million dollars in Solana, leading to a 40% increase in its stock. MemeStrategy has become the first publicly traded company to announce an investment in Solana.

- *Market Performance*: The total value locked (TVL) in Solana has surpassed the entire Ethereum layer-2 ecosystem, reaching 10.9 billion dollars. SOL fee revenue in 30 days increased by 109% compared to the previous month.

- *Price Action*: Solana has seen fluctuations, with recent prices around 118.14 dollars and an increase of 20.86%. Analysts predict potential growth, with some speculating that SOL could soon reach 160 or 200 dollars.