Solana pops past $10B

Solana sneaked over the $10,000,000,000 line on Wednesday.

This Week

Solana’s market cap broke $10B for the first time since 2024. Founder Anatoly Yakovenko flagged the milestone hours after fresh bench tests showed 1,000,000 transactions per second. The price move followed two testnet upgrades last week.

At $10B, Solana now sits between Avalanche and Polygon in size, giving its grant program deeper coffers. More dollars on the table means more devs, echoing Ethereum’s public-goods surge in 2021.

→ Developers are waiting to see if the Alpenglow upgrade in Q1 cuts finality to 150 ms on mainnet.

By the Numbers

$10B

Solana market cap after the rally

$1B

Value secured by Gauntlet

$500M

Total value locked on Backpack

18,000

Tokenized agents live on Virtuals Protocol

140,000

Reddit DAO contributors on Vana

Signals

Anatoly Yakovenko: Solana crossed $10B market cap.

Tarun Chitra: Gauntlet crossed $1B in TVL.

Armani Ferrante: Backpack crossed $500M in TVL.

Anna Kazlauskas: Vana crossed $10M market cap.

Jansen Teng: Virtuals Protocol hit 18,000 tokenized agents.

Anatoly Yakovenko: Alpenglow upgrade promises 150 ms finality.

Builder to Watch

Jansen Teng@ethermage

If you're not following Jansen Teng yet, he just put 18,000 on-chain AI agents to work with Virtuals Protocol. Eastworld Labs hints at new tooling for those agents next.

Week in Review

Solana cracked $10B, Gauntlet protected its first $1B, and Backpack locked down $500M. Vana slid past $10M as 140,000 Reddit data donors piled in. Virtuals now fields 18,000 on-chain agents and a $100M token.

→ Watch Backpack logs to see if trading volume jumps from $400B to $450B before November 8.

Shipped This Week

Jansen Teng@ethermage

coingecko

Virtuals Protocol crossed $100M market cap

1d ago