Solana Daily Recap: SOL Dips on Hot CPI as Tokenized Stocks Hit $4.4B in Monthly Volume, Pix Connects Brazil to Solana
SOL slips below $104 after hotter-than-expected U.S. inflation data, while tokenized equities, Latin American payment rails and wallet upgrades keep building across the ecosystem.
A hot U.S. inflation print weighed on SOL over the last 24 hours, but the ecosystem's build-out kept going: tokenized stocks posted record numbers, new payment rails opened in Latin America, and several wallets shipped meaningful upgrades.
Network & Market
$SOL slipped below $104 after hotter-than-expected U.S. CPI (3.7% YoY vs a 3.6% forecast), with $224M in long positions liquidated over four hours.
U.S. spot SOL ETFs saw $1.29M in net outflows on Oct 14.
Bastion Trading, which with affiliates owns 9.99% of Solana treasury firm SkyAI, is challenging SkyAI's proposed $201M tender offer, citing a lack of transparency over the sale of roughly 70% of its SOL holdings in under a month.
DeFi & Trading
Pump.fun: 119,000 people used the Pump.fun app for the first time in the first two weeks of October, per co-founder Alon.
Kamino opened $7.5M in new capacity on AUTO Fixed Rate Multiply, offering up to 4.5x leverage on U.S. consumer auto credit and up to 23% max APY, with $55M+ in collateral already deployed.
Swarms: Swarms Launchpad now launches tokenized agents and prompts through Meteora's Dynamic Bonding Curve, making launches about 80% faster.
Solomon Labs: ORE adopted USDv as part of its reserves, earning yield while still providing buy-side liquidity.
StonkFun posted $82,489 in revenue on Oct 14, with $49,625 in buybacks and 431.22K $STONK burned.
RWA & Tokenized Equities
Sunrise: Broadcom ($AVGO) is now listed on Solana via Sunrise, issued by Backpack Securities and redeemable 1:1 for shares. It trades 24/7 on Jupiter, NectarFi and as a StonkFun quote pair.
Backpack and xStocks are neck and neck in Solana tokenized-stock volume, each with 49% of daily volume. 65% of tokenized-stock trading on Solana has happened outside U.S. market hours.
Inno: tokenized equities on Solana hit an all-time high of $4.4B in September volume ($15.5B cumulative), with $615M in supply and 1.4M holders, 1M of them added in the last six weeks (via Blockworks).
xStocks: $NVDAx is the most-held tokenized stock on Solana with 175K holders. xStocks are also coming to the UAE, with Kraken offering them to UAE clients at launch after Payward received full market approval from Dubai's VARA.
Superstate: nearly 10% of Forward Industries' stock ($FWDI) is now tokenized on Solana through Superstate, and it can be used on Kamino.
Stablecoins & Payments
Bitso listed Western Union's Solana-based $USDPT stablecoin in Mexico, expanding access to Solana digital dollars across Latin America.
Pods: Pix to Solana is live, connecting Brazil's main payment rail to Solana so wallets, fintechs and neobanks can offer BRL-to-Solana flows.
Umbra x Solomon Labs launched uUSDv, a private version of the USDv stablecoin that shields balances and transfers on Solana while still earning rewards.
Solflare users can now reclaim eligible SOL from Solana's rent reductions in one tap inside the wallet. About 30% of the total expected SOL is already claimable.
Consumer, AI & Apps
Jupiter Mobile: Universal Deposits are live, letting users deposit any token from any chain straight into their wallet.
Sanctum: every Sanctum wallet will become a Squads-powered multisig, with keys split across your phone (biometrics), your own cloud backup and email via Turnkey.
Altitude launched Altitude MCP v1, letting AI agents connect to Altitude business-account transaction data on Solana.
Flovia launched pooled API buying ("Costco for your API spend"), offering access to APIs from OpenAI, Exa, Firecrawl, CoinGecko, Nansen and QuickNode, with stablecoin and machine payments on Solana.
Metaplex: the $CHIMP public sale is live on Metaplex (about $0.00333 per token, 100% unlocked at TGE, first come, first served).
What This Means
The price action and the build-out are telling different stories. SOL reacted to macro data like every other risk asset, and ETF flows were slightly negative, but tokenized equities just posted a record month with a million new holders in six weeks, and most of that trading happens when U.S. markets are closed. That is the clearest sign yet that 24/7 access is the product. Meanwhile Pix and Bitso's USDPT listing push Solana deeper into Latin American payments, and wallet upgrades from Solflare, Sanctum and Jupiter Mobile keep lowering the friction for everyday users.