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Solana hits record 97% tokenized equities trading, launches SoFiUSD stablecoin from US bank, expands stablecoin access.

Protocol Fundamentals
31 May 2026
Blockonomi
View Source
Bullish
pluang ai news

Solana set a new record by capturing 97% of cumulative tokenized equities spot trading volume, with over 200,000 tokenized stock holders. SoFi launched SoFiUSD, the first stablecoin issued by a U.S. nationally chartered bank on Solana, signaling strong institutional trust. Cash App integrated USDC on Solana, opening stablecoin use to millions of retail users. The ecosystem also saw new DeFi tools, cross-chain initiatives, and educational partnerships, highlighting broad growth and adoption across finance, privacy, and infrastructure sectors on Solana.

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Bank of England pilots SME credit data using digital pound and stablecoins for cross-border trade finance.

Bank of England pilots SME credit data using digital pound and stablecoins for cross-border trade finance.

The Bank of England has launched the second phase of its Digital Pound Lab, involving NOBO Finance, Dun & Bradstreet, and Polygon Labs to test how stablecoins and a potential digital pound can improve cross-border trade finance for SMEs. The project ...

Market News
Bullish
4 hours ago
Ethereum holds support near $1,780; whale buys $93.6M ETH and staking hits record 41.9M coins

Ethereum holds support near $1,780; whale buys $93.6M ETH and staking hits record 41.9M coins

Ethereum is trading near $1,887, maintaining support between $1,720 and $1,780. A significant whale wallet recently bought 50,000 ETH worth $93.6 million and staked it, adding to a total $170 million in recent purchases, signaling confidence in ETH's...

Protocol Fundamentals
Bullish
4 hours ago
Credo Technology rated Strong Buy on booming AI data center demand and 30%+ annual returns forecast.

Credo Technology rated Strong Buy on booming AI data center demand and 30%+ annual returns forecast.

Credo Technology (CRDO) is rated a Strong Buy due to rapidly increasing demand for AI data centers and hyperscaler capital expenditures. The company reported a 205% annual revenue growth with operating margins at 33.3%, and net income is projected to...

Analyst Insights
Bullish
4 hours ago
Strategy unveils Bitcoin credit model to boost financial transparency and support STRC price target of $100.

Strategy unveils Bitcoin credit model to boost financial transparency and support STRC price target of $100.

Michael Saylor's company, Strategy, has introduced a public Bitcoin credit model that offers detailed insights into credit spreads, undercollateralization risks, and Bitcoin floor prices. This model covers Strategy's $53.5 billion reserves and $21.95...

Market News
Bullish
4 hours ago
BBVA posts strong Q2 2026 with 23% loan growth but valuation looks stretched at 2.45x P/BV.

BBVA posts strong Q2 2026 with 23% loan growth but valuation looks stretched at 2.45x P/BV.

Banco Bilbao Vizcaya Argentaria (BBVA) reported strong Q2 2026 results, driven by a 23% year-over-year rise in net interest income, mainly from Spain and Mexico. Despite high profitability with a 21% return on equity and €3 billion net profit, rising...

Company Fundamentals
Neutral
4 hours ago
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