Solana entered September with strong momentum as the ecosystem recorded new milestones in trading activity, liquidity, and network growth. August ended with $43.9 billion traded in perpetuals, setting a monthly record. Total value locked and stablecoin issuance crossed $34 billion, nearly tripling compared to last year.
These gains highlighted Solana’s rapid rise as one of the most active blockchain platforms. The growth came alongside new integrations and projects that strengthened Solana’s position across finance, education, and infrastructure. The ecosystem not only expanded in trading and liquidity but also attracted institutional attention and global partnerships.
SOL decentralized finance witnessed waves of innovation. Lombard Finance introduced yield-bearing Bitcoin (LBTC) onto the network and unlocked $1.5 billion of assets onto Solana-based protocols. Jupiter Exchange launched Jupiter Lend with Fluid and in no time accumulated deposits of more than $750 million.
NASDAQ-listed Metalpha utilized Bitcoin liquidity through Zeus Network, yet another step toward institutional adoption. Solana made it to Wall Street when the NASDAQ bell was rung by Defi Development Corporation.
Public Markets Recognize Solana Treasury Strategies
This reflected the growing consciousness of Solana-focused treasury strategies within public markets. Meanwhile, developers championed significant upgrades, such as SIMD-0326: Alpenglow, which received nearly complete validator consensus, and SIMD-180, which improved validator scheduling.
Other than finance, SOL teams attained great milestones in infrastructure and innovation driven by communities. The Agave validator client of Anza achieved a 1.1 million transactions per second burst test and showcased chain scalability. Sandwich Detector v2, SOL Bench for LLMs, and the open-source Star Frame framework were some of the tools that added strength to SOL development communities.
Outreach and education increased globally. Nigeria started a partnership with Superteam NG aimed at promoting crypto adoption and training. The Solana Foundation funded work on transaction execution using large language models.
Solana-Powered Debit Card by Deksxyz Goes Live
Developers also introduced the SPCurriculum Repository to provide blockchain education resources to universities. The network also opened up user-centric products. Deksxyz introduced a Solana-powered debit card, and Drift Protocol allowed perpetual trading through Telegram.
Solana Mobile introduced the Season of the Seeker and created traction behind on-chain mechanisms for end-users. Privacy-focused protocols and new exchanges like Trade In Rhythm and VanishTrade added more diversity. The past month or so has demonstrated Solana’s scale, raised capital, and increasing use cases.
Institutional access, new finance tools, and global partnerships are paving the way for Solana’s broader adoption. Come September, the trajectory positions the network for a new period of growth on DeFi, infrastructure, and education.
