Overview
- DefiLlama data shows Solana’s total value locked reached a record $12.11 billion on Sept. 9, surpassing the prior peak from Jan. 23.
- Seven of the eight Solana protocols above $1 billion in TVL posted double‑digit monthly gains, led by Jupiter ($3.3B), Jito ($3.2B) and Kamino ($3.1B).
- Forward Industries disclosed a $1.6 billion SOL treasury investment with private placement commitments from Multicoin Capital, Galaxy Digital and Jump Crypto.
- SOL Strategies began trading on Nasdaq on Sept. 9 after a Sept. 5 approval, offering institutions targeted exposure to the Solana ecosystem.
- The SEC stated on Aug. 5 that liquid staking tokens are not securities by default, and ETF efforts include Canary’s Marinade-powered filing and VanEck’s JitoSOL proposal from Aug. 22.