In this article, I will talk the most notable Solana projects, a blockchain that is distinguished by its speed, scalability, and low operational costs.
The projects range from DeFi, NFTs, and real-world use cases, with Solana positioned at the forefront of pioneering innovations in blockchain technology. Let’s examine the key contributors advancing the Solana ecosystem.
Key Points & Top Crypto Projects Built on Solana List
| Project Name | Key Points |
|---|---|
| Raydium | Leading DEX on Solana, integrates Serum’s order book, AMM for liquidity. |
| Jupiter | DEX aggregator optimizing trade prices across various liquidity sources. |
| Meteora | DeFi protocol focused on liquidity and synthetic asset creation on Solana. |
| Ondo Finance | DeFi platform for risk management and structured yield products. |
| Magic Eden | Largest NFT marketplace on Solana, also supports Ethereum and Bitcoin NFTs. |
| Bonk (BONK) | Meme coin and community-driven token with growing support within Solana. |
| Jito | High-performance transaction execution engine, optimizing Solana’s throughput. |
| Helium Network | Decentralized wireless network, moved to Solana for scalability and speed. |
| Pyth Network | Cross-chain oracle providing reliable, decentralized price feeds for DeFi. |
| Oxygen (OXY) | Decentralized prime brokerage for borrowing, lending, and margin trading. |
10 Top Crypto Projects Built on Solana
1.Raydium
Raydium, the top level DEX and AMM on solana, gives its users high speed trades at very little costs. Serum’s on-chain order book is integrated into the system, which facilitates liquidity aggregation across other projects on solana.
Raydium’s wide liquidity offerings significantly improve, quick transaction completion and cuts costs which makes Raidum stronger in the Solana ecosystem.
It’s advanced features such as staking enable it to capture a DeFi leader role in Solana. It fully integrated with numerous partners ensuring that retail and corporate prganizations ache for the drit that underpins decentralized trading and finance on Solana.
| Feature | Description |
|---|---|
| DEX and AMM | Provides decentralized exchange and automated market maker capabilities. |
| Integration with Serum | Integrates Serum’s order book for liquidity and enhanced trading options. |
| Cross-chain Liquidity | Shares liquidity across multiple blockchains. |
| Staking | Offers liquidity provision through staking to earn rewards. |
2.Jupiter
As a DEX (decentralized exchange) aggregator, Jupiter operates on the Solana blockchain and attempts to provide optimal trade execution for its users by servicing multiple liquidity sources.
With respect to Solana’s architecture, its high throughput and low-cost transactions are leveraged to ensure minimal slippage and optimal pricing for swaps, thereby making Jupiter a pivotal player in the Solana DeFi ecosystem.
The platform connects to various DEXs and liquidity pools which, in turn, enable seamless access to a broad spectrum of tokens.
Its simple interface and smart trade routing capabilities make Jupiter Scheme popular not only among retail traders, but also with DeFi users seeking the best available efficiency in trading.
| Feature | Description |
|---|---|
| DEX Aggregator | Aggregates liquidity from multiple DEXs for the best trade execution. |
| Optimized Trade Routes | Routes trades through the most efficient paths, minimizing slippage. |
| Multi-Token Support | Supports a wide range of Solana-based tokens for swapping. |
| User-Friendly Interface | Easy-to-use interface that simplifies complex transactions |
3.Meteora
Meteora is a DeFi protocol on Solana focusing on liquidity and synthetic assets creation. It attempts to provide users with effective options for trading and managing digital assets while reducing slippage and fees.
Using Solana’s fast transaction processing, Meteora augments the DeFi experience with cost-effective and rapid transactions.
Its distinct qualities soured from pioneering synthetic asset products allow users exposure to various assets without necessitating actual possession.
Meteora aspires to be a frontrunner in Solana’s ecosystem by providing sophisticated financial tools and advanced DeFi frameworks to users.
| Feature | Description |
|---|---|
| Synthetic Assets | Enables the creation of synthetic assets for DeFi trading. |
| Liquidity Provision | Allows users to provide liquidity to earn rewards in DeFi. |
| High Speed and Low Fees | Built on Solana, providing low transaction costs and fast processing. |
| DeFi Integration | Fully integrated into the Solana DeFi ecosystem for seamless usage. |
4.Ondo Finance
Ondo Finance is a Decentralized Finance (DeFi) platform based on Solana that offers tokenized Real World Assets bridges traditional finance with blockchain.
In December 2023,Ondo brought its U.S. Treasury-backed tokens to Solana, giving investors access to its yield-generating stablecoin alternative, U.S. Yield (USDY), and a tokenized version of BlackRock’s short-term Treasury bond ETF (OUSG).
These tokens serve as collateral or can be utilized for yield generation across Solana’s DeFi protocols like Orca and Raydium. This development furthers Ondo’s position in the leadership race for asset tokenization within the DeFi realm.
| Feature | Description |
|---|---|
| Real-World Asset Tokenization | Tokenizes real-world assets (RWAs) like treasury bonds for DeFi. |
| Risk Management | Provides financial products for structured risk management in DeFi. |
| USDY Stablecoin | Offers USDY, a yield-generating stablecoin alternative. |
| DeFi Collateralization | Allows tokenized RWAs to be used as collateral in DeFi protocols. |
5.Magic Eden
Founded in 2021 by former Uber, Coinbase, and Facebook engineers, Magic Eden is the premier NFT marketplace on Solana.
It gives users an easy way to transact in NFTs and allows them to buy, sell or discover NFTs on their Marketplace, with support for multiple token standards including Metaplex Core, Token 22, cNFTs, SPL20, and inscriptions.
Magic Eden boasts advanced trading views, sweeping, bulk NFT listing, world-class NFT minting experiences, escrow services, Lucky Buy and NFT minting.
In April 2025, Magic Eden further expanded its offerings by purchasing Slingshot, a trading app, with the intent of diversifying its focus beyond NFTs.
| Feature | Description |
|---|---|
| NFT Marketplace | Leading Solana-based NFT marketplace for buying, selling, and discovering NFTs. |
| Cross-Blockchain Support | Also supports Ethereum and Bitcoin NFTs in addition to Solana. |
| NFT Minting | Provides a streamlined platform for minting NFTs. |
| Trading Tools | Includes bulk listings, sweeping, and advanced trading features. |
6.Bonk (BONK)
Bonk (BONK) is a meme coin created by a community of joke enthusiasts launched in December 2022 with a fair airdrop of 50% of its 100 trillion token supply to the Solana communityBonk aims to ”social layer“ of Solana ecosystem.
Panormanic viewthe project aims at building partrships with350+solana basedproejcts, fosters the growth of decentalized exchanges dApps and NFTs while gaining significant attention in the market.
Bonk comprises of subcommunities through which users can influence in the scope of features development &proposal through Bonk DAO token.
| Feature | Description |
|---|---|
| Community-Driven | A meme coin designed for and by the Solana community. |
| Partnerships and Integrations | Integrated with over 350 Solana-based projects. |
| BonkDAO | Allows community members to participate in governance decisions. |
| Social Layer | Aims to enhance social engagement within the Solana ecosystem. |
7.Jito
Jito, as a liquid staking protocol on Solana, seeks to augment the efficiency of staking unlock the enhanced value yields through Maximum Extractable Value (MEV) optimization.
Users of Jito can stake their SOL and are issued with a liquid staking token called JitoSOL, which derives staking rewards alongside additional returns from grading MEV.
Jito uses a custom-built validator client that elevates the value of transactions, thus increasing the rewards obtainable by stakers. It also embraces restaking on Solana, enabling validators to actively contribute to the economic security of the ecosystem.
JitoSOL is accepted across DeFi ecosystems which provides the holders with an opportunity to access capital through activities pertaining to decentralized finance.
| Feature | Description |
|---|---|
| Liquid Staking | Provides liquid staking through JitoSOL to maximize rewards. |
| MEV Optimization | Uses Maximum Extractable Value (MEV) to boost staking returns. |
| Validator Client | Special client that prioritizes high-value transactions for better rewards. |
| DeFi Integration | JitoSOL can be used across various DeFi platforms for additional yield. |
8.Helium Network
In Helium Network, a decentralized physical infrastructure network (DePIN), advanced to Solana’s network technology due to its scalability and inexpensive transactions. Transforming hotspots into NFTs revolved operational costs for Helium.
This enhancement enabled further development of Helium’s 5G network and broadened the dispersed wireless coverage throughout the U.S and Mexico.
With Google and DAWN protocol, Helium is developing practical environmental monitoring and smart city infrastructure for enhanced connectivity in a decentralized manner.
| Feature | Description |
|---|---|
| Decentralized Wireless Network | A decentralized network that uses community-operated hotspots for 5G connectivity. |
| NFT Hotspots | Hotspots are minted as NFTs, providing authenticity and use cases. |
| Partnerships | Collaborates with companies like Google and Telefónica for network expansion. |
| Real-World Applications | Used for environmental monitoring, smart cities, and IoT-based services. |
9.Pyth Network
Pyth Network is a decentralized oracle platform situated on Solana that provides real-time domestic and international financial data from over 80 organisms like Coinbase and Binance.
It provides more than 1,300 price feeds covering over 100 blockchains, offering data on equities, crypto, commodities, and even forex.
The pull oracle model of Pyth enables applications to request pricing updates whenever needed, further lowering expenses and improving accuracy during times of congestion on the network.
This infrastructure also powers DeFi protocols based on Solana such as, but not limited to, Drift, Kamino, and Jupiter.
| Feature | Description |
|---|---|
| High-Frequency Data | Provides high-frequency, real-time financial data across a range of assets. |
| Cross-Chain Data | Supports over 1,300 price feeds on multiple blockchains. |
| Oracle Service | Offers decentralized oracles to provide trusted price feeds to DeFi protocols. |
| MEV-Driven Data | Optimized for low-latency, high-value financial information. |
10.Oxygen (OXY)
Oxygen (OXY) is a cross-chain prime brokerage protocol for DeFi built on Solana, offering borrowing, lending, and margin trading services.
It seeks to plug the gap of Defi-grade financial services on the Oxygen’s platform uses the scalability and cost-efficiency of Solana’s infrastructure to offer advanced financial systems.
Oxygen’s platform takes advantage of Solana’s high throughput which alongside lower transaction costs enables the provision of efficient, scalable financial services.
Governance and staking on the protocol are performed using OXY tokens. As of April 24, 2025, the OXY token is trading at $0.0300 with the day’s high at $0.0318 and lowest at $0.0295.
| Feature | Description |
|---|---|
| Prime Brokerage | Provides decentralized prime brokerage services like lending and margin trading. |
| Borrowing & Lending | Facilitates DeFi borrowing, lending, and margin trading on Solana. |
| Institutional-grade | Designed to offer institutional-level infrastructure for DeFi participants. |
| Governance | OXY token enables governance participation within the Oxygen protocol. |
Conclusion
To recap, projects such as Raydium, Jupiter, and Magic Eden are hosted in Solana’s ecosystem which optimizes efficiency within DeFi, NFTs, and other blockchains.
Bonk and Jito showcase community led development, while Helium and Pyth network demonstrate their real-world use case value.
With low fees and rapid transaction speeds, Solana continues to be a leading platform for blockchain developers due to the ease and reliability of its infrastructure.