Pump.fun has allocated $205 million to buy back 13.86% of its PUMP token supply over the past five months, while maintaining daily fees above $2.7 million. Despite these buybacks, the token remains at three-month lows.

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Aptos has seen its stablecoin supply grow more than fivefold over the past year, surpassing Ethereum and BNB Chain in recent stablecoin flow. Despite this liquidity boost, APT's price has fallen 11% in the last week due to weakening fundamentals such as reduced DEX volume and slower transaction speeds.

The memecoin market has seen a downturn, with its market cap falling to $52.05 billion and daily trading volume at $5.45 billion. Top 10 memecoins recorded weekly losses ranging from 9.9% to 30%, raising concerns about the sector's future. Factors such as reduced trading volumes and increased sell pressure have contributed to this decline.

Fight Fight Fight LLC, the firm behind the TRUMP memecoin, is negotiating to acquire Republic.com's U.S. business, according to Bloomberg. The deal could allow use of the TRUMP token for payments and fundraising if completed. The token reached a peak market value of nearly $9 billion before declining to approximately $1.6 billion.

A publicly traded company focused on the Solana ecosystem purchased an additional 100,000 SOL this month, worth approximately $20 million. Its total holdings now surpass 2.3 million SOL. The firm expects staking yields above 7 percent, exceeding the current average among top validators. According to the announcement, staking is becoming a core part of its financial strategy.

Grayscale confirmed its Solana ETF (GSOL) will launch on October 29 following New York Stock Exchange approval, featuring staking rewards. The fund converts from the existing Grayscale Solana Trust, which holds 525,387 SOL worth $102.6 million. Traders are assessing GSOL's edge over Bitwise's BSOL after SOL dipped from $200 to $190 despite strong initial inflows into rival products.

Bitwise Asset Manager's CIO Matt Hougan predicted strong institutional demand for the Bitwise Solana Staking ETF (BSOL), following its first-day trading volume of $56 million. He cited Solana's high blockchain revenue and growing investor interest in crypto ETFs as key drivers.