Solana News. Dec 4, 2025
Drift Protocol introduced v3 coming with sub-400ms execution (10x faster), 10x lower slippage, gasless trading, split Trade/Earn PnL tracking, plus mobile beta in January and Q1 DLP rollout for deeper perp/spot liquidity.
Solana mobile plans to launch token, SKR, on January 2026, with 10 billion total supply and 30% for airdrop and unlock
Franklin Templeton rolled out its Solana ETF (SOEZ) on NYSE Arca Wednesday, it incorporates staking rewards
Humidifi’s WET token sale ended and raised $5.57M, claims/liquidity launch will be on Dec 9, 9am EST
Solana treasury company Solmate signed non-binding agreement to acquire RockawayX, creating a combined $2B+ AUM institutional crypto entity
FlashTrade launched Solana’s first leveraged trading for tokenized stocks via Remora Markets, offering 24/5 long and short positions on rStocks with up to 10x leverage. Initial markets include SPY, TSLA, CRCL, MSTR, and NVDA.
For the first time ever, Solana Depin, Hivemapper announce their token HONEY is deflationary
GalaxyHQ acquired Alluvial Finance and will take over and manage Liquid Collective, the institutional liquid-staking protocol behind tokens like LsSOL.
Stablecoin payments platform, Fin raised $17M led by Pantera Capital, Sequoia Capital and Samsung Next
Kalshi will host Predictify Everything event at Solana Breakpoint on Dec 13
Galaxy taking over Liquid Collective is an interesting consolidation play in the institutional liquid staking space. The real question is whether centralizing LsSOL under a single corporate entity undermines the decentralization premise that justified liquid staking in the first place. It might streamline institutional onboarding, but concentration risk becomes more acute when one operator controls both custody and staking distribution for an entire asset class. If Galaxy goes down or gets pressured by regulators, all those staked positions are suddenly exposed to corellated failure modes that wouldn't exist in a more fragmented landscape.