Anchor

Solana

Coin

<h2 id="span-style-font-size-16px-bank-rails-tokenized-shares-and-a-tenth-revenue-lead-anchor-the-week-span">Bank Rails, Tokenized Shares, and a Tenth Revenue Lead Anchor the Week</h2>
The weekly newsletter posted by the <a href="https://x.com/solana" rel="noopener noreferrer nofollow">network's official X account</a> on October 4 sets the tone for this Solana weekly update. Fiserv's digital asset platform went live with Roughrider Coin transfers across more than 90 banks and credit unions.&nbsp;
Shares of Powerus ($PUSA) drew more on-chain activity than on Nasdaq the day after listing. For readers following <a href="https://www.coingabbar.com/en/crypto-news-october-2026-bitcoin-price-btc-eth-uptober-trends" rel="noopener noreferrer nofollow">crypto news today</a>, the common thread is real institutions producing real numbers.
<h2 id="span-span-style-font-size-16px-four-headline-items-from-the-week-at-a-glance-span-span">Four Headline Items From the Week at a Glance</h2>
<table>
 <colgroup>
 <col width="141">
 <col width="564">
 </colgroup>
 <tbody>
 <tr>
 <td>Item</td>
 <td>What happened?</td>
 </tr>
 <tr>
 <td>Fiserv platform</td>
 <td>Live, with Roughrider Coin transfers across 90+ banks and credit unions</td>
 </tr>
 <tr>
 <td>OUSD</td>
 <td>OpenStandard's stablecoin launched, with reserves at BlackRock, Lead Bank, and BNY.</td>
 </tr>
 <tr>
 <td>App revenue</td>
 <td>$365M in Q3, up 42.6% quarter over quarter, the tenth straight quarter in the lead</td>
 </tr>
 <tr>
 <td>Powerus ($PUSA)</td>
 <td>Out-traded Nasdaq on the network after listing through Sunrise and Backpack Securities</td>
 </tr>
 </tbody>
</table>
Fiserv and OUSD share a theme, because both bring established finance names onto the same rails. That mix of bank infrastructure and stablecoin reserves gives this Solana weekly update its institutional flavor.
<img alt="Solana weekly update X Post" src="https://d3iuzwoiyg9qa8.cloudfront.net/webadmin/storage/public/commonEditerImage/GJ58GIWWgmHnA3aORVpfNbOWdSoUBY7cluEh4p8f.png" width="300" title="Solana weekly update X Post">
Source: <a href="https://x.com/solana/status/2106723512631095559?s=20" style="font-size: 16px; background-color: rgb(255, 255, 255)" rel="noopener noreferrer nofollow">Official X Post</a>
<h2 id="span-span-style-font-size-16px-revenue-and-spot-dex-figures-show-where-activity-concentrates-span-span">Revenue and Spot DEX Figures Show Where Activity Concentrates</h2>
<a href="https://www.coingabbar.com/en/solana-news-dex-volume-etf-inflows-institutional-demand" rel="noopener noreferrer nofollow">Spot DEX activity</a> remains the engine behind the strongest numbers in the Solana weekly update.
<ul>
 <li>September app revenue: $180M, a nine-month high and 32% of revenue across chains.</li>
 <li>Spot DEX volume: $197B in Q3, up 16.6% quarter over quarter, the fifth straight quarter in the lead.</li>
 <li>Byreal: surpassed $5B in lifetime trading on its first anniversary.</li>
 <li>x402 payments: weekly transactions hit an all-time high, with payment volume above all other networks combined.</li>
</ul>
The x402 record stands out because payments are a different use case from market speculation.
<h3 id="span-span-style-font-size-16px-tokenized-stock-trading-keeps-growing-across-raydium-and-kamino-span-span">Tokenized Stock Trading Keeps Growing Across Raydium and Kamino</h3>
<ul>
 <li>xStocks: recorded $1.8B in September trading volume on Raydium.</li>
 <li>Raydium: crossed $6B in cumulative tokenized-stock trading volume.</li>
 <li>Kamino: tokenized stocks pledged as collateral exceeded any other chain's by more than 3x.</li>
 <li>Holders: tokenized-equity holders reached 1.2M, with 775K joining in September.</li>
</ul>
Trading, lending, and holder growth all point the same way. Collateral is the quieter signal in this Solana weekly update, since it shows tokenized shares being put to work, not just traded.
<h3 id="span-span-style-font-size-16px-new-launches-cover-privacy-perps-and-payment-tools-span-span">New Launches Cover Privacy, Perps, and Payment Tools</h3>
<ul>
 <li>Fermi: on-chain perp DEX with verifiable first-in, first-out order matching.</li>
 <li>Sirius Protocol: private spot and perps trading that keeps positions off the public feed.</li>
 <li>Cloak: private payroll with spreadsheet uploads and one-click payouts.</li>
 <li>Metaplex:<a href="https://www.coingabbar.com/en/solana-news-today-mpl-3643-rwa-tokenization-solana-standard" rel="noopener noreferrer nofollow">MPL-3643, a standard</a> for permissioned real-world assets with built-in compliance.</li>
 <li>Jupiter: a Claynosaurz card with 2% cashback and full FX fee rebates through 2026.</li>
 <li>Kled V3: collects real-world consumer datasets in under 72 hours.</li>
 <li>Flint: announced its own on-chain perp DEX.</li>
 <li>Sunrise: brought Coinbase's wrapped Cardano asset, cbADA, over via Chainlink CCIP.</li>
 <li>Doma Protocol: opened Frontier through Loopscale, bringing tokenized domains on-chain.</li>
 <li>Backpack Onchain: added v1 transaction support for more complex routes and DeFi interactions.</li>
</ul>
Privacy shows up in both trading and payroll, while MPL-3643 targets compliance. The Solana weekly update lists more than a dozen launches, but the ten above carry the clearest use cases.
<h2 id="span-span-style-font-size-16px-solana-price-today-sol-steady-near-120-as-daily-volume-jumps-41-span-span">Solana Price Today: SOL Steady Near $120 as Daily Volume Jumps 41%</h2>
<a href="https://www.coingabbar.com/en/bitcoin-ethereum-xrp-solana-price-prediction-uptober-bull-target" rel="noopener noreferrer nofollow">SOL moved between</a> about $120.30 and $122.10 over 24 hours and ended slightly lower. Turnover rose sharply, yet the headlines have not produced a clear price move so far. Circulating supply of 588.31M SOL is about 93% of the total supply.
<table>
 <colgroup>
 <col width="175">
 <col width="222">
 </colgroup>
 <tbody>
 <tr>
 <td>Metric</td>
 <td>Reading</td>
 </tr>
 <tr>
 <td>Price</td>
 <td>$120.40</td>
 </tr>
 <tr>
 <td>24-hour change</td>
 <td>Down 0.27%</td>
 </tr>
 <tr>
 <td>Market cap</td>
 <td>$70.83B (down 0.24%)</td>
 </tr>
 <tr>
 <td>24-hour volume</td>
 <td>$1.96B (up 41.29%)</td>
 </tr>
 <tr>
 <td>Volume to market cap</td>
 <td>2.75%</td>
 </tr>
 <tr>
 <td>Rank</td>
 <td>#7</td>
 </tr>
 <tr>
 <td>Circulating supply</td>
 <td>588.31M SOL</td>
 </tr>
 </tbody>
</table>
<img alt="SOL price near $120.40, down 0.27%" src="https://d3iuzwoiyg9qa8.cloudfront.net/webadmin/storage/public/commonEditerImage/7Sp24RrKsqkMN4ozylonxHHh7jM4v91yM4mUXlOS.png" width="300" title="SOL price near $120.40, down 0.27%">
Source:<a href="https://coinmarketcap.com/currencies/solana/#Chart" style="font-size: 16px; background-color: rgb(255, 255, 255)" rel="noopener noreferrer">CoinMarketCap Chart</a>
Note: Prices can change quickly, so figures may not reflect the latest value. Readers should check a live price tracker for current data.
<h2 id="span-span-style-font-size-16px-events-and-programs-to-watch-after-this-solana-weekly-update-span-span">Events and Programs to Watch After This Solana Weekly Update</h2>
<ul>
 <li>The Singapore summit on October 6, following the wrap of the Seoul edition.</li>
 <li>The next wave of Breakpoint 2026 speakers, now confirmed.</li>
 <li>A new funded three-month research internship for PhD students.</li>
 <li>Proto's markets for trading exposure to rental GPU power usage, targeting Q4.</li>
 <li>DGLD's expansion for a token backed by physical gold stored in Switzerland.</li>
</ul>
Taken together, the week connects bank settlement, <a href="https://www.coingabbar.com/en/tokenized-stocks-vs-shares-which-is-better" rel="noopener noreferrer nofollow">tokenized stocks</a>, and new market tools. The open question is whether price follows that activity. Treat this Solana weekly update as a snapshot, not a forecast.
YMYL Disclaimer: This article is for information only and is not financial or investment advice. Crypto prices, including SOL, are volatile, and the figures here are a snapshot, not a forecast. Do your own research and consult a qualified financial professional before making any decision.

Solana Weekly Update: Is SOL Price Flat at $120 After Fiserv Go-Live?

Table of Contents

Coingabbar

Other articles published on Oct 5, 2026

ZEC, DASH, and LIT lead losses among crypto majors...

iPhone Battery Drain On iOS 27? Apple's Own Tips List One Switch To Try

Payward-SGB Deal: Sources Clash on Volume, Bank License Type

Kraken parent Payward and SGB launch 24/7 settlement for institutions

Trading for $ONDO now live on Solana!

South Korea sets the rules for putting stocks and bonds onchain

Join our free newsletter for daily crypto updates!