This week In Solana - March 3-9th 2025
It was a wild week in the markets. Let's dig into what happened this week in @solana March 3rd-9th 2025
@Solana is now 80% of all Blockchain use.
@Dune onchain adoption index measures blockchain adoption over time. Normalizing transaction fees, transfer volumes, and number of transactions.
@SBF_FTX gets interviewed by @TuckerCarlson from prison.
For the fifth consecutive month, @solana beat all other chains in DEX volume generating $109 billion
Memecoins slow down drastically with @pumpdotfun seeing a 63% drop in trading volume over the last month
@SquadsProtocol has been integrated with @KaminoFinance, allowing Squads accounts to interact with defi.
@marginfi introduces their “Move Position” option to adjust collateral positions without having to add more funds to rebalance any positions close to being liquidated.
@orca_so has updated their Liquidity terminal to give more controls and views on your positions. Real-time price charts, predictive positioning, everything you need all in one view.
@Perena__ has been integrated into @JupiterExchange
After Trump posts about @solana, XRP and ADA being in the reserve, they quickly walk that back and the Gov't currently doesn't hold any of those.
US Govt Holdings - https://intel.arkm.com/explorer/entity/usg
David Sacks (@davidsacks47) shared that The White House announced its support for the CRA to rescind the “Broker DeFi Rule”, a last ditch attack on the crypto community by the Biden administration and Gensler
It's was a brutal week in the markets since last Sunday's bump.
Price movements
$Sol - Started $170 - (high $179) dropped down to $126 - current $126.78
$Eth - Started $22487 - (high $2549) dropped down to $1995 - current $2015
$BTC - Started $93,500 - (high $94,341) dropped down to $81,400 - current $80,630
Stable Coin yields
LULO (@uselulo)
USDC - 5.67%,
PYUSD - 5.2%
USDS - 6.95%
Kamino (@KaminoFinance) Stable Pairs
USDC/USDS - 10.61% rewards in USDS
FDUSD/USDC - 6.464%
PYUSD/USDC - 0.6%
Marginfi (@marginfi)
USDC - 3.28%
USDS - 3.98%
PYUSD - 3.43%
USDT - 4.19%
Defi Tuna (@DeFiTuna)
USDC - 12.57%
USDS - 0.82%
USDT - 4.74%
Defi Carrot (@DeFiCarrot) - CRT token - 4.48%
Perena (@Perena__) - USD* - 0.94% APY (7 day)