14h ago

Solana weekly: Fiserv links 90+ banks for Roughrider Coin transfers as Q3 app revenue reaches $365M

AI Market Summary

A series of Solana ecosystem milestones points to strengthening institutional and user adoption: Fiserv's digital asset platform enabled transfers across 90+ banks/credit unions on Solana, while OUSD launched with reserves held at major institutions. Tokenized equities trading volume and holder counts hit new highs, and Solana again led app revenue ($365M in Q3) and spot DEX volume, reinforcing liquidity and activity momentum.

Impact level

● Medium

Affected assets

SOL/USDT+0.87%

AI Insight · SOL/USDTAI Insight

▲ Bullish

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Fiserv’s digital asset platform has launched on Solana, enabling Roughrider Coin transfers across 90+ banks and credit unions. Origin Protocol’s OUSD has also been deployed on Solana, with reserves held at institutions including BlackRock. Separately, a drone defense company recorded more trading volume on Solana on-chain than on its home exchange. Solana’s Q3 app revenue reached $365M, extending its lead for a 10th consecutive quarter.

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