This article presents a weekly snapshot of the Solana ecosystem as of August 14, 2025. Solana's price flirted with $200 before dropping to $193 amid a market dip. Unlike Bitcoin (BTC) and Ethereum (ETH), Solana (SOL) lacks institutional support from large treasury companies, with decentralized autonomous tokens (DATs) accumulating $596 billion in SOL, significantly higher than ETH's $11 billion and BTC's $86 billion. Daily revenue from on-chain transactions has remained stagnant at $2.5 million to $3.5 million. The institutional ETF for SOL, the SSK, saw a drop in net inflows from $58.3 million in its launch week to $3.7 million the week of August 4-10. In the memecoin segment, Pump recently reclaimed dominance, launching 30,550 tokens compared to 1,499 by competitors. Despite growth in the perpetual market, with Drift registering $500 million in open interest and increasing trading volumes, Jupiter remains the leader in trading volumes at $23.1 billion in 30 days, while Drift follows with $17.1 billion. Overall, key trends and market movements within the Solana ecosystem are highlighted, reflecting its current status and challenges in the broader crypto landscape.

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