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Crypto

Institutional money fails to lift Solana price, stuck at two years ago levels

Total net assets in U.S.-listed spot Solana exchange-traded funds rose above $1 billion in early 2026, but Solana’s price has not met investor expectations. The token has fallen more than 50 percent over the past year and is trading around levels from about two years ago. Institutional developments include new stablecoins and growing tokenised assets on Solana, yet analysts point to a lack of retail participation as a key reason for limited price recovery.

Crypto

Jupiter launches Solana-based stablecoin JupUSD

Solana-based infrastructure provider Jupiter has launched its in-house stablecoin, JupUSD, The Block reported on Jan. 5. Jupiter developed the token with Ethena Labs and plans to integrate it across its super-app ecosystem. JupUSD will connect to all Jupiter products at issuance, including Jupiter Lend and Jupiter Perps. Its backing consists of Ethena-issued USDtb and Circle’s USDC, with 90 percent in USDtb.