This week in Solana saw the network break a new milestone, exceeding $4,500 and attracting significant investment despite regulatory uncertainties. The coin’s price dropped slightly this week, but overall market activity remained strong. 1.4 million new tokens were launched on the network last month, driven by continued interest in its growing ecosystem. However, Solana’s market cap declined slightly alongside its trading volume due to broader market declines. Despite this, the network managed some notable wins, with over $650 million in assets transferring from other blockchains to Solana last month, fueled mainly by Ethereum activity. 80% of a $500 million funding round was allocated for buying SOL tokens as part of an educational technology firm’s strategy, highlighting institutional interest in the network despite regulatory challenges. However, market volatility continues as the SEC questions the viability of bringing Solana staking ETFs to market. Despite this, Classover Holdings Inc. has announced plans to allocate $500 million for acquiring SOL tokens for its treasury. We see a strong signal from its L1 ranking, which dropped 5% but still sits in second place after Tron’s recent decline. DeFi activity also took a slight dip, with DEX volume down 27%, and Solana remains a frontrunner in blockchain-generated revenue, with Axiom breaking records as the first to generate $100 million in revenue within 129 days. This week saw several notable developments: MetaMask launched native support for Solana on its browser extension, enabling users to interact with Solana-based tokens and apps; Bonk, a popular meme coin, entered gaming by launching Bonk Arena, a new shooter game where players earn BONK tokens. With these developments, investors are encouraged to monitor SEC updates regarding the status of Solana staking ETFs while also exploring investment opportunities like Classover Holdings Inc.’s $500 million fund allocation.