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🚀 Week in Solana: Geopolitical Conflict Sinks Altcoins. SOL drops to $127 before rebounding! $1B liquidated market-wide! DFDVx brings tokenized stocks to Solana! Fiserv launching stablecoin! Jupiter DAO halts governance! Here’s what shook and built Solana this week. 🧵 1/6
📉 Market Overview: Crypto got crushed as tensions in the Middle East escalated. BTC dipped below $100K before Trump’s ceasefire pushed it back to $105K. Solana ecosystem trading volume rose 12%, but market cap still slid 4%. Over $1B in liquidations swept the market. 2/6
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📉 SOL Price Action: SOL hit a low of $127 (its lowest since April) but bounced to $146 post-ceasefire. It closed the week -3%. TVL slipped below $10B (-1%), but it fared better than Tron, which fell 10%. 3/6
🏦 DeFi & Perps Dominate: DEX volume dropped 20%, but Solana’s on-chain perps *crushed* CEXs, posting 96% more liquidation volume. Fiserv is launching FIUSD, a stablecoin on Solana, aiming at banks and merchants, backed by recent stablecoin legislation. 4/6
🗞️ Key Ecosystem News: • Jupiter DAO pauses governance through 2025 to prioritize building • Kraken + DeFi Dev Corp launch DFDVx, the first tokenized U.S. stock on Solana • Grass unveils Grasshopper, its first dedicated hardware device 5/6
💡 Key Takeaways: 🔹 Track geopolitical risk, it’s driving crypto volatility. 🔹 Watch FIUSD’s launch, stablecoins for TradFi could change DeFi rails. 🔹 Follow Jupiter DAO’s governance freeze, it could shift JUP dynamics. Stay informed, stay ahead: 6/6
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