Solana

<h2 id="span-style-font-size-16px-payments-settlement-and-speed-shape-the-week-for-sol-span">Payments, Settlement, and Speed Shape the Week for SOL</h2>
The latest Solana weekly update covers payments, institutional settlement, and network speed. The official<a href="https://x.com/solana" rel="noopener noreferrer nofollow">X account</a> of the chain shared its media roundup for Oct 2 to Oct 8 on Oct 10, 2026.
SOL also had a softer week, trading near $109.55 on Oct 11 according to CoinGecko data. This article lists the main ecosystem items and the market figures, alongside the <a href="https://www.coingabbar.com/en/crypto-news-today-bitcoin-ethereum-price-rises-porku-jumps" rel="noopener noreferrer nofollow">latest crypto news</a> from the sector.
<img alt=" Solana weekly update X post" src="https://d3iuzwoiyg9qa8.cloudfront.net/webadmin/storage/public/commonEditerImage/1qS895mTzpDj8VP1T3gRKSJySuKjZyO6OJpPvvM1.png" width="300" title=" Solana weekly update X post">
Source: <a href="https://x.com/solana/status/2108890556957065542?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-samsung-wallet-adds-usdc-transfers-for-us-galaxy-owners-span-span">Samsung Wallet Adds USDC Transfers for US Galaxy Owners</h2>
One item in the roundup involves Samsung Wallet. Coverage listed in the post says the wallet plans USDC transfers on the network for users in the United States. The reach cited is about <a href="https://www.coingabbar.com/en/solana-news-today-samsung-wallet-usdc-sol-price" rel="noopener noreferrer nofollow">82 million Galaxy devices</a>.
USDC is a stablecoin, meaning a token built to track the US dollar. Our stablecoins guide explains the basics. The listed use case is cross-border remittances, which means sending money to family or businesses abroad.&nbsp;
This Solana weekly update notes that the post gives no launch date, so readers should wait for confirmation from Samsung.
<h2 id="span-span-style-font-size-16px-institutional-dvp-standard-targets-one-step-settlement-span-span">Institutional DvP Standard Targets One-Step Settlement</h2>
The<a href="https://solana.org" rel="noopener noreferrer nofollow">Solana Foundation</a> also introduced an institutional settlement standard, according to coverage in the roundup. J.P. Morgan is listed as giving input on the design.
The <a href="https://www.coingabbar.com/en/solana-news-dvp-atomic-settlement-sol-price-jp-morgan" rel="noopener noreferrer nofollow">standard uses DvP</a>, short for delivery versus payment. In plain terms, the asset and the cash move together in one transaction. Neither side can deliver without the other side paying.
The roundup describes it as an open escrow design for tokenized assets and cash. Its stated aim is to settle institutional trades in seconds. Tokenized assets are real-world items, such as shares, represented as tokens on a blockchain. This part of the Solana weekly update focuses on institutions, not retail users.
<h2 id="span-span-style-font-size-16px-securitize-orca-and-block-time-items-round-out-the-list-span-span">Securitize, Orca, and Block Time Items Round Out the List</h2>
Other items in the post point to growth across the ecosystem:
<ul>
 <li>Tokenized stocks:<a href="https://www.coingabbar.com/en/solana-news-today-securitize-tokenized-stocks-sol-price" rel="noopener noreferrer nofollow">Securitize launched stock trading</a> in token form for US investors.</li>
 <li>Orca and Loopscale: The two ecosystem projects merged, with a push to finance AI, robotics, and defense.</li>
 <li>Faster blocks: The network is about to halve its block times as the final 200-millisecond upgrade nears. Block time is the gap between new blocks.</li>
 <li>Intelligence report: A September 2026 report covers Open USD, USDv, and Project Harmonia.</li>
</ul>
Taken together, the Solana weekly update shows work across trading, finance, and speed. Shorter block times mean transactions can confirm faster. That matters for payment and trading uses, though the post gives no release date for the final upgrade.
<h2 id="span-span-style-font-size-16px-sol-trades-near-109-after-a-9-2-percent-seven-day-drop-span-span">SOL Trades Near 109 After a 9.2 Percent Seven-Day Drop</h2>
For this Solana weekly update, CoinGecko data shows SOL ranked seventh by market cap on Oct 11, 2026. The seven-day chart moves from about $122 on Oct 5 and 7 to a low near $106 on Oct 9. <a href="https://www.coingabbar.com/en/solana-sol-price-prediction-sol-eyes-131-after-orca-merger" rel="noopener noreferrer nofollow">SOL then held</a> a narrow band between roughly $108 and $111.
<table>
 <colgroup>
 <col width="167">
 <col width="185">
 </colgroup>
 <tbody>
 <tr>
 <td>Metric</td>
 <td>Reading</td>
 </tr>
 <tr>
 <td>SOL price</td>
 <td>$109.55</td>
 </tr>
 <tr>
 <td>7-day change</td>
 <td>Down 9.2%</td>
 </tr>
 <tr>
 <td>24-hour range</td>
 <td>$108.94 to $110.63</td>
 </tr>
 <tr>
 <td>Market cap</td>
 <td>$64.519B</td>
 </tr>
 <tr>
 <td>24-hour volume</td>
 <td>$1.528B</td>
 </tr>
 <tr>
 <td>Perps open interest</td>
 <td>$8.758B</td>
 </tr>
 <tr>
 <td>Circulating supply</td>
 <td>589.051M SOL</td>
 </tr>
 </tbody>
</table>
Perps open interest means the value of open perpetual futures contracts, which have no expiry date. The figures show activity but do not link the move to any single news item.&nbsp;
<img alt="Solana weekly price chart" src="https://d3iuzwoiyg9qa8.cloudfront.net/webadmin/storage/public/commonEditerImage/m8mZGzqg8eUGKmTNoC9Qe0cXS5YwFUjhbQo2I5eb.png" width="300" title="Solana weekly price chart">
Source: <a href="https://www.coingecko.com/en/coins/solana?chart=type%3Dprice%26mode%3Dline%26timeframe%3Dd7" style="font-size: 16px; background-color: rgb(255, 255, 255)" rel="noopener noreferrer nofollow">CoinGecko 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-expert-take-real-use-cases-meet-a-cautious-market-span-span">Expert Take: Real Use Cases Meet a Cautious Market</h2>
The roundup items focus on use, not speculation. Wallet payments, <a href="https://www.coingabbar.com/en/solana-news-tokenized-stocks-1m-wallets-sol-price" rel="noopener noreferrer nofollow">tokenized stocks</a>, and DvP settlement each target real financial flows.
Adoption will depend on real usage. Wallet rollouts need user uptake, and the settlement standard needs institutions that choose to use it. The decline over the week also shows that news and market moves do not always match.&nbsp;
A balanced reading treats this Solana weekly update as a progress report, not a signal.
<h2 id="span-span-style-font-size-16px-conclusion-three-items-to-track-after-this-week-span-span">Conclusion: Three Items to Track After This Week</h2>
Ecosystem work on payments, settlement, and block speed continued through the week, based on the official roundup.&nbsp;
Readers following blockchain news can track three items next: details of the Samsung rollout, institutional use of the DvP standard, and the final <a href="https://www.coingabbar.com/en/solana-latest-update-sol-price-record-transactions-stocks" rel="noopener noreferrer nofollow">200-millisecond block time upgrade</a>. The next Solana weekly update will show whether these items move from announcement to use.
YMYL Disclaimer: This article is for educational and informational purposes only. It is not financial advice, a price prediction, or a guarantee of returns. Crypto assets carry risk, so readers should do their own research before making any decision.

Solana Weekly Update: Samsung USDC, DvP Standard, 200ms Block Times

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