Binance Adds USD1 Stablecoin to Solana$SOL Network
In a bold infrastructure move, Binance integrated the USD1 stablecoin into Solana.$SOL This enables users to deposit and withdraw via USD1 on Solana’s chain, strengthening DeFi/fiat interoperability.
2. Staking-Focused Solana ETF Sees Strong Initial Inflow
The first day of trading for the Solana staking-based ETF (Solana+ Staking ETF) saw $33 million in volume, topping other alt-focused ETFs. This momentum suggests institutional interest is growing.
3. Whale Accumulation & Big Moves
A whale recently staked ~$505 million in SOL after pulling large amounts from Binance. Such moves often hint at longer-term conviction.
4. Price Volatility Despite Institutional Capital
Despite ~$1.4B flowing into Solana projects and investments, SOL’s $SOL price dropped ~7% in a day — showing the tension between speculative trading and real value accumulation.
5. Ecosystem Update: Dexlab Gains Traction
Binance Alpha listed Dexlab (XLAB) on Solana and flagged it for airdrop eligibility, spotlighting Solana’s growing utility and project depth.
