SOL — Q1 2026 results.

Solana's RWA market capitalization increased by 43% compared to the previous quarter, reaching $2.01 billion.

Chain GDP remained virtually unchanged at $342.2 million. Major contributions came from:

• Pump.fun — $124.7 million (+17%).

• Axiom — $42.4 million (+36%).

• Bags — $11.5 million (+1347%).

DeFi TVL declined by 22%. Kamino again led in deposits at $1.72 billion (1st place), followed by Jupiter at $1.69 billion and Raydium at $992.5 million.

In the lending segment, PRIME leads: deposits rose 121% to $330.3 million following integration with Kamino.

#Solana

The wave of liquidity outflow has reached the Solana DeFi ecosystem.

In several stablecoin pools of the Kamino lending protocol, deposit rates and utilization ratios have sharply increased.

The USDC Reserve (Prime Market) pool, with a volume of approximately $178 million, reached 100% utilization—no free liquidity remains.

In other vaults, including Staekhouse USDC Vault and RockawayX RWA USDC, utilization ratios exceeded 95%.

#SOLANA

Solana announced the launch of wXRP—a wrapped version of XRP.

wXRP is already available on Solana via Hex Trust and LayerZero.

Earlier, there were hints of this move within the ecosystem.

#SOLANA #WXRP