Solana Infrastructure and Network Growth
Key Questions
What record trading volumes has Solana achieved recently for perps and stablecoins?
Solana perps volume reached a record $76.7B in May, while stablecoin volume hit $79.9B weekly. This reflects strong network activity even amid price weakness for SOL, which trades around $66.59.
What is Jito's JTX app and how does it relate to Solana's competition with Hyperliquid?
Jito launched JTX, a self-custodial trading app offering revenue sharing for JTO holders. It competes directly with Hyperliquid and has sparked debate around SOL inflation, as discussed in recent interviews with Jito's Lucas Bruder.
How is Solana expanding its real-world asset and infrastructure capabilities?
Solana has reached a $2.8B high in RWAs amid strong ETF inflows. Upcoming upgrades like Alpenglow and Firedancer, along with ZK compression and native subscriptions on mainnet, aim to enable cheaper airdrops, scalable apps, and recurring billing.
Solana perps volume hit record $76.7B in May, stablecoin volume $79.9B weekly. ZK compression enables cheaper airdrops and scalable apps. Native subscriptions and allowances on mainnet for recurring billing. Alpenglow and Firedancer upgrades upcoming. Jito launched JTX, a self-custodial trading app with revenue sharing for JTO holders, competing with Hyperliquid and sparking SOL inflation debate. Despite price weakness, network activity strong.