Solana

Cardano founder Charles Hoskinson highlighted Solana's fast execution and upgrade agility compared with Ethereum's more methodical roadmap. He noted Solana's momentum in tokenized assets, while Ethereum retains leadership in TVL and stablecoin usage. Separately, CoinMarketCap listed ADA at $0.37 with a market cap around $13.27 billion as of December 28, 2025.

On December 27, 2025, Lighter, a Solana-based perpetuals DEX, said on Discord it completed Season 2 points and removed sybil, self-trading, and wash-trading. The communication referenced "S3e," fueling expectations of a Season 3 tied to TGE, with airdrop claim links inactive and 25% of token supply indicated for user distribution.

Galaxy Research indicates Solana's inflation reform will not advance in 2026, with associate Lucas Tcheyan saying SIMD-0411 will likely be withdrawn without a vote. Priorities are shifting to market microstructure and onchain efficiency, while Galaxy expects Solana-based Internet Capital Markets to reach $2 billion from roughly $750 million today. SOL traded near $123 with a small daily gain.

On July 12, Pump.fun completed its PUMP token sale, raising $600 million and selling out in roughly 12 minutes. World Liberty Financial, a DeFi project backed by US President Donald Trump, has amassed around $550 million from its public sale. Other 2025 raises include Monad at $217 million and MegaETH at $78 million.

On 27 December 2025, Kazakhstan's central bank approved three digital asset pilots: tokenized gold, QR-enabled crypto payment tests, and a tenge-pegged stablecoin. The projects proceed while direct crypto payments remain prohibited, and may use automatic crypto-to-fiat conversion at checkout. A Solana-based tenge stablecoin initiative, Evo, is included in the trials.

Solana is trading around $122.80, slightly down on the day, but its market cap near $69bn and daily volume above $2.4bn point to consolidation rather than weakness. Technical structure on the 4-hour chart shows SOL constrained in a descending channel, with key resistance around $125.50–$126.50 and upside targets toward $133 and $139–$140 if that zone breaks. An Ondo Finance post highlighting a $500,000 onchain Google stock trade with 0.03% slippage has also drawn attention to tokenized assets and the potential relevance of high-throughput networks like Solana.

Kazakhstan’s central bank has approved three pilots, including tokenizing refined gold and testing crypto payments via QR codes, with a third focused on a tenge-pegged stablecoin. The nation plans a $1 billion crypto reserve, with $300 million earmarked, and gold holdings increased by at least 32 tonnes this year. A regulator stated cryptocurrencies cannot be used for payments.

Charles Hoskinson, Cardano’s founder, contrasted Solana’s high throughput and rapid upgrade cadence with Ethereum’s research‑driven, long‑term scaling approach in a recent discussion, according to the article. Market experts were cited as reporting 185 million USD in tokenized stock transactions on Solana. ADA traded at $0.35 with a Market Cap of $12.68 billion, up 1.52% over 24 hours but down 54.33% in 90 days.

BNB Smart Chain plans to activate the Fermi hard fork on Jan. 14, 2026, reducing block intervals from 750ms to 250ms. The upgrade introduces extended voting and partial-ledger indexing to improve consensus resilience and lighten node requirements, while experimental BAL testing showed roughly 18.6% execution gains. The network currently processes around 165 transactions per second.

On December 26, 2025, USX on Solana slipped off its peg amid secondary-market liquidity constraints, as stated by the issuer Solstice Finance. The team coordinated liquidity support with market makers, lifting the price from $0.1 to $0.94, while saying underlying assets were unaffected and collateralization remained over 100%.