Week in Solana: Hello Western Union, SOL ETF Inflows Rocket in 2nd Biggest Week!
Western Union gives Solana a vote of confidence with the planned stablecoin launch! Fidelity fast-tracks SOL ETF filing! SOL bleeds! Solana leads in ETF inflows and rings the NYSE bell!
Here's this week's breakdown 🧵
1/6
📊 Market Overview:
'Uptober' never came. Will 'Moonvember' deliver? Bitcoin drops to $107K (-6%) as over $ 1 B in liquidations occur in 24 hours. SOL slides 17% to $166, with sentiment reaching an extreme level of fear (21/100). Ecosystem market cap falls 14% to $219.5B while trading volume spikes 19% to $25B 📉
2/6
DeFi & Ecosystem Metrics:
TVL drops 12% to $10.3B as top 5 DeFi chains all post losses. Weekly DEX volume edges up 13%, hitting $145B (30-day cumulative). The Win: Solana's tokenized RWA value hits ATH above $800M, showing long-term structural growth 🏗️
3/6
🏛️ Sector Moves
🔹 @WesternUnion bringing USDPT stablecoin to Solana (H1 2026 launch)
🔹 Western Union files "WUUSD" trademark application
🔹 Solana attracted $421M in ETF inflows last week (2nd largest on record) despite $360M crypto outflows
🔹 Fidelity removes delaying amendment from SOL ETF filing, could go auto-effective in 20 days
🔹 @humidifi_launching $WET token via @JupiterExchange new Decentralized Token Formation platform
🔹 Solana rings closing bell at New York Stock Exchange
4/6
🎯 Performance Highlights:
Top gainers:
🔹 Jelly-My-Jelly (JELLYJELLY): +146.1%
🔹 AI Rig Complex (ARC): +96.48%
🔹 Zerebro (ZEREBRO): +59.8%
🔹 pippin (PIPPIN): +58.32%
🔹 Basic Attention Token (BAT): +31.02%
5/6
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