Solana weekly report 1

Solana's DeFi ecosystem has cooled significantly with TVL at $6B (53% below ATH), but institutional flows remain strong driven by SOL ETFs reaching $1B in inflows and RWA growth crossing $2.5B. Capital is shifting away from speculative DeFi toward structurally stickier categories like real-world assets and stablecoins, which maintain $13B+ in liquidity despite a market pullback.