Solana's SOL token surged 11% amid a broader cryptocurrency market rebound, with Bitcoin and Ethereum also posting gains of 5% and 9% respectively. SOL ETFs attracted $59 million in inflows, marking the strongest weekly performance and continuing a five-week streak of positive growth. On the Solana network, proprietary automated market makers (AMMs) like HumidiFi now handle 50% of stablecoin trading volume and 35% of total decentralized exchange (DEX) volume. Meanwhile, trading aggregators DFlow and Titan have reached $1.5 billion in trading volume, highlighting intensified competition. Despite these developments, Solana's network revenue fell to $9.1 million, the lowest since September 2023, as trading activity shifted from memecoins to stablecoin pairs.