📈 1. RWA Inflows Hit $348M ✨
Solana leads the RWA race with 4.23 billion, with over 398,000 holders—up 17.63% .
🔥 2. Meme Coins Surging with Official Backing
STONK** and **ZCAT hit $100M market caps today. $STONK pumped over 110%, becoming Solana's first stock-pairing meme coin to reach this milestone. Solana's official X account and co-founder Toly engaged with the StonkFun launchpad, boosting market sentiment significantly .
⚖️ 3. Rent Reform Unlocks 3.08M SOL
Solana's rent reform (activated Sept. 3) could release 3.08 million SOL (~104**, spot netflows turned positive for three consecutive days, signaling potential profit-taking and sell pressure .
💬 4. Toly vs. Arbitrum Co-Founder
Solana co-founder Toly debated Robinhood's chain choice on X, suggesting Solana would be cheaper than Arbitrum. Offchain Labs' Steven Goldfeder countered that Robinhood prefers being a "landlord" earning Gas fees on Arbitrum rather than a "tenant" on Solana .
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My Take
Solana is defending its Meme coin turf while pushing RWA adoption as a long-term growth narrative. The rent reform is a double-edged sword: cheaper accounts attract users, but the unlocked SOL could create temporary downward pressure. Watch the 112 resistance for a potential breakout.
#SOL #BTC #Solana #RWA #CryptoNews
$SOL
Solana leads the RWA race with 4.23 billion, with over 398,000 holders—up 17.63% .
🔥 2. Meme Coins Surging with Official Backing
STONK** and **ZCAT hit $100M market caps today. $STONK pumped over 110%, becoming Solana's first stock-pairing meme coin to reach this milestone. Solana's official X account and co-founder Toly engaged with the StonkFun launchpad, boosting market sentiment significantly .
⚖️ 3. Rent Reform Unlocks 3.08M SOL
Solana's rent reform (activated Sept. 3) could release 3.08 million SOL (~104**, spot netflows turned positive for three consecutive days, signaling potential profit-taking and sell pressure .
💬 4. Toly vs. Arbitrum Co-Founder
Solana co-founder Toly debated Robinhood's chain choice on X, suggesting Solana would be cheaper than Arbitrum. Offchain Labs' Steven Goldfeder countered that Robinhood prefers being a "landlord" earning Gas fees on Arbitrum rather than a "tenant" on Solana .
---
My Take
Solana is defending its Meme coin turf while pushing RWA adoption as a long-term growth narrative. The rent reform is a double-edged sword: cheaper accounts attract users, but the unlocked SOL could create temporary downward pressure. Watch the 112 resistance for a potential breakout.
#SOL #BTC #Solana #RWA #CryptoNews
$SOL
