September saw growth across tokenized stocks, stablecoins, payments, and DeFi. Tokenized equity supply reached $684 million, stablecoins hit $17.51 billion, and the network processed 3.18 billion non-vote transactions.
This is the summary Solana News publishes in its feed. The full article lives on their site.
Sui’s DeFi liquidity also expanded, but more slowly than its token price, while a recent pullback interrupted the rally.
Reported staking rewards equaled about 69% of net trading losses, but the payouts redistribute money to PAPER stakers rather than reimburse each losing trader.
Spot bitcoin, solana, and ether ETFs all logged weekly outflows following last week's trading, a notable shift for some of the funds.
DefiLlama tracked $137.1 million in trader balances and house liquidity combined. Those funds are not all available to pay winning trades.
A National Assembly committee adopted amendments taxing stablecoin swaps and crypto exits by wealthy holders, then rejected the 2027 budget's revenue section.
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