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Market Insight: Solana rose 2.916% to $68.83 in the last 24 hours.
The Solana ecosystem has recently expanded its utility through partnerships in both the gaming and financial sectors. In June 2026, the Solana Foundation became the official presenting sponsor of the World Series of Poker, enabling tournament participants to purchase tickets using Solana via MoonPay and receive prize settlements in stablecoins. This collaboration aims to reduce transaction friction and processing fees for international players.
Simultaneously, the ecosystem has seen growth in the tokenized real-world asset (RWA) market. Securitize expanded its tokenized AAA collateralized loan obligation (CLO) fund, known as STAC, to the Solana blockchain. Ethena Labs announced a planned $250 million allocation to this fund to serve as collateral for its USDe stablecoin, with the Bank of New York Mellon acting as custodian and sub-adviser.
Solana is the presenting sponsor for the 2026 World Series of Poker and WSOP Paradise tournaments.
Tournament participants can now purchase WSOP tickets using Solana with zero processing fees through MoonPay.
Securitize launched its tokenized AAA CLO fund on the Solana blockchain, supported by BNY Mellon as custodian.
Ethena Labs plans to allocate $250 million to the STAC fund to expand the collateral backing its USDe stablecoin.
The partnership allows players to buy tournament tickets using Solana via MoonPay and enables tournament winners to receive settlements in stablecoins on the Solana blockchain.
STAC is a tokenized fund built around AAA-rated collateralized loan obligations that invests in U.S. dollar-denominated tranches.
The Bank of New York Mellon serves as the custodian and sub-adviser for the fund through BNY Investments.
Ethena Labs plans to use the allocation to expand the institutional-grade real-world asset collateral backing its USDe stablecoin.
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