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THE WATCH
THE WATCH

LANA AI

The stack this page routes through. Protocol, phone, explorer, wallets, and the teams that keep the chain moving.

Team Role
solana.com Canonical docs, network status, and ecosystem entry.
solanaseeker.com Seeker phone / Seed Vault. Hardware keys on-device.
solscan.com Explorer. Accounts, programs, txs.
ledger.com Cold-storage signer. Pair with Phantom or Solflare.
Jupiter Default router, perps, lending, mobile trading wallet.
Backpack Wallet + exchange + tokenized stocks.
Squads Multisig for teams, DAOs, treasuries.
TipLink Link-based onboarding. Send before they have a wallet.
Solana Pay Open QR / payment-link standard.
Helio Merchant checkout. Shopify and PayFi rails.
Arcium Private / encrypted compute on Solana.
Meteora DLMM liquidity. Public DEX volume leader.
Raydium Core AMM / launch liquidity.
Anza Agave client. Alpenglow. Core protocol engineering.
Jump Crypto Firedancer. Independent validator client.
Jito Labs MEV client, block engine, BAM, JitoSOL.
Solana Foundation Grants, standards, Solana Pay, agent rails.
DoubleZero Dedicated networking layer for validators.

DeFi

This is Solana’s deepest sector.

Team / protocol What they lead
Jupiter Default swap router, perps, lending (Jupiter Lend), LST. Largest combined DeFi surface.
Kamino #1 lending book. First major venue to treat tokenized stocks / credit as collateral.
Raydium Core AMM / launch liquidity. Still a volume leader.
Meteora DLMM liquidity. Often #1 or #2 on public DEX volume.
Jito Liquid staking (JitoSOL) + MEV infrastructure.
Sanctum Validator LST factory. Frequently #1–2 by staking TVL.
Drift Native perps / derivatives.
Orca Concentrated liquidity DEX.
Pump.fun Memecoin issuance + PumpSwap. Often the #1 revenue app on the chain.
Marinade Original Solana LST.

DePIN

Solana is the main settlement layer for DePIN. These are the live networks, not slides.

Team Sub-sector
Helium / Nova Labs (Amir Haleem) Wireless / IoT / Helium Mobile. Largest real DePIN by devices and fees.
Render / OTOY (Jules Urbach) GPU rendering + AI jobs. Migrated from Ethereum.
Hivemapper (Ariel Seidman) Street-level mapping. Dashcam network.
Grass Bandwidth / web data for AI training. Huge node count.
io.net Decentralized GPU marketplace.
Nosana GPU / CI compute.
GEODNET Precision GPS / RTK.
NATIX Camera / geospatial data.

Wallets

Hot wallets for daily use. Hardware and Seeker for keys you cannot afford to lose.

Team Role
Solana Seeker Android phone with Seed Vault. Hardware-secured keys on-device, dApps in a Solana-native OS.
Ledger Cold-storage signer. Pair with Phantom or Solflare; keep size off the hot wallet.
Phantom Default daily driver. ~39% Solana wallet share. Swaps, NFTs, staking, multi-chain.
Solflare Solana-native staking wallet. Best validator picker. Ledger / Keystone pairing.
Backpack Wallet plus exchange plus tokenized stocks. Active traders, xNFTs.
Embedded (Privy etc.) In-app wallets. ~33% of Solana wallet activity. How most new users arrive.
Jupiter Mobile Trading wallet. Swaps, DCA, perps. Not a general treasury app.
Squads Multisig for teams, DAOs, treasuries. Not a personal wallet.

AI

On Solana, “AI” is mostly compute + data + agents, not another Bittensor clone.

Compute / data (real infra)

Agents / payments

RWA / Tokenization

Solana’s edge here is trading + using the assets in DeFi, not just parking them.

Team Role
Securitize + BlackRock BUIDL money-market fund on Solana. Large RWA TVL print.
xStocks / Backed / Backpack Securities Tokenized US stocks & ETFs (TSLA, NVDA, etc.) with mint/redeem. Main onchain equity tape; Solana has dominated tokenized-equity volume.
Ondo Tokenized stocks, funds, Treasuries / yield products. Large issuer catalog on Solana.
Superstate Opening Bell. Companies issue SEC-registered shares onchain. Galaxy GLXY went live as Kamino collateral.
Kamino RWA lending book. First major venue to treat tokenized stocks / credit as collateral.
Figure Tokenized home-equity credit (PRIME) used in Solana DeFi.
Maple Onchain private credit.
Huma Finance PayFi / invoice and receivables credit. Real payment volume, not just a wrapper.
OnRe Insurance-linked / reinsurance RWA.
Etherfuse On-chain bonds / sovereign-style products.

Stablecoins and payments

  • Circle — USDC, still the main on-chain dollar on Solana.
  • PayPal — PYUSD.
  • Tether — USDT presence growing.
  • Huma — business settlement / PayFi.
  • Helio (MoonPay) — merchant checkout, Shopify.
  • Phantom — consumer wallet + Phantom Cash.
  • Zebec — payroll / streaming payments.
  • Solana Pay — open QR/link standard (Labs + Circle + wallets).
  • Morse — consumer payments app (ex-Sling).
  • TipLink — link-based onboarding.

Memes / NFTs / Gaming

Memes / issuance

Not “developers” in the protocol sense, but they run a huge share of activity and fees.

  • Pump.fun — launchpad + AMM. Repeatedly the #1 revenue app.
  • Bonk ecosystem
  • Raydium / Meteora as the liquidity venues those tokens land in

Treat this as a user-acquisition and fee engine, not infrastructure.

NFTs

Gaming

Weaker than DeFi or DePIN on Solana. The names that still count:

  • Star Atlas (ATMTA) — longest-running AAA-style on-chain economy
  • Aurory
  • STEPN — still the largest “game” token by market cap historically tied to Solana
  • Metaplex — asset standard underneath games
  • Seeker / mobile consumer experiments around the Solana phone stack

Do not confuse “many game tokens exist” with “gaming is a leading Solana sector.” It is not, by TVL or revenue.

Oracles, bridges, tooling

The infra app teams actually depend on. Not a protocol sector — the pipes.

Team Role
Pyth Market-data oracle. Solana-native origin. Default price feed for DeFi.
Wormhole Primary bridge. Assets and messages in and out of Solana.
deBridge Cross-chain intent / bridge layer. Faster path for many transfers.
Switchboard Alternative oracle. Custom feeds, not just blue-chip prices.
Helius RPC, webhooks, DAS. The API most Solana apps hit first.
Triton High-performance RPC / Geyser. Heavy DeFi and indexer traffic.
QuickNode Multi-chain RPC. Solana as one endpoint among many.
Syndica RPC plus Solana-specific analytics and infra.