October delivered a clear split: the 146 scored signals skewed bullish (100 bullish, 24 neutral, 22 bearish; net sentiment 0.63), yet $SOL fell 19.3% on the month, closing at $95.40 after opening at $118.20. Key bullish signals included Solana Foundation's DvP program, Samsung's zero-fee USDC remittance integration across 82 million Galaxy phones, Securitize bringing tokenized Apple, Nvidia and Tesla shares to Solana, Alpenglow cutting finality to 150ms, and JPMorgan's tokenized money market funds going live. Late-month fund outflows and a ten-day losing streak for Solana ETFs kept price context bearish.
On fees, PumpSwap remained the top protocol at $106,970,924 (+0.8% MoM), while pump.fun grew 33.4% to $61,913,317 and Collector Crypt was the fastest-growing at +47.6% to $18,013,419. Declines were sharp for Relay (-86.8%), Raydium AMM (-66.8%), and Meteora DLMM (-54.9%). Heading into next month, category momentum is most pressured in DePIN (score 25, market cap -12.3% 7d), while RWA (45, TVL -2.7% 7d) and Infrastructure (40, TVL -4.8% 7d) are consolidating; the ecosystem composite stands at 72/100.
Solana Foundation Launches DvP Program for Institutional Settlement
On Oct 6, the Solana Foundation launched a delivery-versus-payment program for institutional trade settlement.
Samsung Taps Solana for Zero-Fee USDC Remittances
On Oct 8, Samsung tapped Solana for zero-fee USDC remittances across 82 million Galaxy phones.
Securitize Brings Tokenized Apple, Nvidia and Tesla Shares to Solana
On Oct 9, Securitize brought tokenized Apple, Nvidia and Tesla shares to Solana.
Morgan Stanley's MSOL Draws Inflows While Fidelity's FSOL Sheds $1.8 Million
On Oct 20, fund flows diverged: Morgan Stanley's MSOL drew inflows while Fidelity's FSOL shed $1.8 million.
JPMorgan's Tokenized Money Market Funds Go Live on Solana
On Oct 23, JPMorgan's tokenized money market funds went live on Solana.
The Nexusol directory tracks 133 projects across DeFi, infrastructure, NFTs, gaming, and DePIN. A representative cross-section:
AccriumRWA · Lending
AllDomainsIdentity · Social
AmpleDeFi · Yield · Consumer
AnzaInfrastructure · Developer Tooling
ArciumPrivacy · Infrastructure · DePIN
AuroryGaming
AxiomTrading · DeFi
BackpackWallet · Exchange
