Solana News: Incoming! Breakpoint 2025 Alpha, SKR Airdrop and Franklin SOL ETF

Market Overview

Greetings from Abu Dhabi, where Solana’s flagship Breakpoint conference is running from Dec. 11 to 13.

Bitcoin remains in a tight range around the $90,500 level even though Strategy splashed nearly $1 billion on new BTC purchases.

Altcoins are not doing too badly either, but the FOMC rate decision tomorrow will determine where the market goes from here. Play it safe—it can get ugly!

The Solana ecosystem moved in the right direction, adding 6% to reach $185 billion. Trading volume slid 12% to $12.9 billion.

Source: CoinMarketCap

Over 6,000 attendees will descend into glitzy Abu Dhabi this week for the Solana Breakpoint conference running from Dec. 11 to 13.

Here is what kept the Solana wheel spinning.

Solana Mobile is launching its SKR token in January, introducing a new asset designed to power ownership, incentives, and activity across its growing mobile ecosystem. The token will have a total supply of 10 billion, with 30% reserved for airdrops and unlocks.

https://twitter.com/solanamobile/status/1996278509967434017

Franklin Templeton has launched its Solana ETF, bringing SOEZ to NYSE Arca and adding fresh Wall Street exposure to SOL. The fund includes staking rewards, giving investors a direct way to tap into Solana’s network growth.

https://twitter.com/FTDA_US/status/1996228953527267516

Pye Finance has secured a $5 million seed round led by Variant and Coinbase Ventures to build an on-chain marketplace for time-locked Solana staking positions. The project aims to make locked stake tradable and easier to package into fixed-term products.

https://twitter.com/pnxgrp/status/1998060832752554449

Breakpoint 2025 To Deliver Slew of Big Announcements

Here are five announcements/launches widely expected to drop in Abu Dhabi based on pre-event leaks and credible signals:

Firedancer performance upgrade — live demo showing faster Solana validator throughput + lower latency. Confidential transfers/privacy featuresdebut — likely via new “confidential transfer” tooling built for institutional users. Institutional-grade infrastructure stacklaunches (custody, staking, compliance tools) — enabling real-world money flows. Solana ID wallet/identity rollout — triggered by pre-Breakpoint free minting via MetaMask. Multiple live project/product launches (≥ 80) — new DApps and tools across DeFi, Web3 infra, and cross-chain bridges.

Solana's Performance This Week

Source: CoinMarketCap

It could have been a great week as SOL rallied to a high of $145 before retreating to $133, settling for a 5% week-on-week gain.

L1 Ranking Update

Solana’s total value locked (TVL) climbed 7% to $8.8 billion, holding onto second place, while Base overtook Tron in fifth.

Story continues

Source: DeFiLlama

DeFi

Solana’s metrics are up, with the DEX volume climbing 17%.

Source: DeFiLlama

Biggest Winners & Losers

Top Performers

LUNC is the token of the hour thanks to a viral T-shirt moment at the Binance Blockchain Week and the successful rollout of its chain upgrade.

Terra Classic (LUNC): +124.86% Keep Network (KEEP): +106.1% TerraClassicUSD (USTC): +75.77% NeuralAI (NEURAL): +71.35% Chintai (CHEX): +45.56%

Biggest Losers

The Official 67 Coin (67): -28.22% Yalu (YU): -24.99% elizaOS (ELIZAOS): -21.61% Cross the Ages (CTA): -21.1% AVA (AVA): -20.67%

Source: CoinMarketCap

Latest Solana News

Crossing Chains With Speed

Base has launched a Chainlink-secured bridge to Solana, enabling smooth cross-chain transfers and boosting liquidity between the two ecosystems. Builders can now integrate SOL and Solana assets directly into Base apps.

https://twitter.com/chainlink/status/1996657107597160887

What You Can Do Now

Follow Solana Mobile for fresh details on the SKR airdrop. Track new funding to identify emerging trends and liquidity setups. Stay updated on Solana Breakpoint to catch product reveals in real time.

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