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Collector Crypt 40K Users, Goldman Exit & Morgan Stanley's Record-Low SOL ETF Fee | Jun 18-19
Audio is available on Spreaker — see link below.
Solana ecosystem news heats up as Collector Crypt hits 40K daily users and $4M weekly revenue, while Goldman Sachs liquidates $108M in SOL ETF holdings the same week Morgan Stanley files for a record-low 0.14% SOL ETF. Six stories, sharp analysis, no hype.
Audio is available on Spreaker — see link below.
Collector Crypt just hit forty thousand daily users and four million dollars in weekly protocol revenue, and that number tells you something important about where Solana is heading. This isn't a DeFi protocol.
That context matters more when you set it against what's declining. Pump.fun, which dominated Solana's revenue story through much of twenty twenty-four and twenty twenty-five, has shed roughly eighty percent of its activity over three months.
Meanwhile, SOL itself is under pressure. Price dropped one point five seven percent to sixty-seven dollars and seventy-four cents on June eighteenth and nineteenth, and the causes are worth separating out.
On the institutional side, the signals are genuinely mixed. Morgan Stanley amended its S-1 filing on June nineteenth for a SOL ETF with a zero point one four percent fee.
Two structural shifts are worth flagging. Following the SpaceX tokenized IPO, Solana passed Ethereum in real-world asset holder count, reaching two hundred and eighty-five thousand holders.
Two smaller items round out the picture. Houdini Swap, the non-custodial privacy bridge from SOL Strategies, went live on the Jumper platform June eighteenth.
The real question coming out of this cycle is whether Collector Crypt's user numbers hold past the Solflare launch window. Forty thousand daily users is a milestone.
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