Solana’s Apps Lost Half Their Value and Its ETFs Have Slowed. Which Number Is Right?

Solana's app tokens have lost about half their value while its ETF inflows have slowed. Here's why both numbers can be true at once.

• Solana's application tokens have seen a significant value decrease (around 50%), primarily driven by speculative projects and memecoins, indicating a cooling of retail activity.
• Despite the drop in app valuations, Solana's U.S. spot ETFs have continued to attract inflows, though at a slower pace, suggesting sustained institutional interest in SOL itself.
• The article suggests that while ecosystem activity has decreased, the continued positive ETF flows and growth in stablecoin supply and tokenized equity point towards a potential repricing of weaker projects rather than a fundamental decline in SOL's value.

Topics: Scalability, Institutional adoption, Blockchain usage, Growth metrics, Asset manager initiatives, Ethereum evm l 1 s

Tags: #solana #sol #apptokens #etfs #inflows #valuations #speculativeprojects #memecoins #stablecoinsupply #tokenizedequity

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A Closer Look at Avalanche's 2026 Fundamentals

Avalanche's (@avax) on-chain fundamentals kept improving through the first half of 2026, with daily transactions and stablecoin supply both well above where they were a year ago. The

• Avalanche's on-chain activity, including transactions and stablecoin supply, has significantly increased in the first half of 2026, driven by institutional adoption like BlackRock's BUIDL fund.
• Despite strong network usage and a growing RWA market share, the AVAX token price has not kept pace, creating a disconnect between fundamentals and market valuation.
• Key watch points include the sustainability of low fees for revenue generation, competition from other chains, and whether the market will eventually price in Avalanche's fundamental growth.

Topics: Asset types, Institutional adoption, Scalability, Financial instruments, Asset manager initiatives, Growth metrics

Tags: #avalanche #avax #blackrockbuidl #tokenizedtreasuries #stablecoinsupply #onchaintransactions #institutionalinflows #defitvl #networkusage #valuecapture

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