10 Top Crypto Projects Built on Solana

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Solana continues to solidify its position as one of the most dynamic and high-performance blockchains in the crypto space. Known for its blazing-fast transaction speeds, low fees, and scalability, Solana has become a breeding ground for innovative projects across DeFi, NFTs, real-world asset tokenization, and infrastructure development.

In this article, we explore the 10 most impactful crypto projects built on Solana, each contributing uniquely to the ecosystem’s growth and adoption. From decentralized exchanges to oracle networks and community-driven meme coins, these platforms showcase the versatility and power of Solana’s architecture.

Whether you're a developer, investor, or crypto enthusiast, understanding these key players will help you navigate the rapidly evolving Solana landscape.

Key Highlights: Top Solana Projects at a Glance

Before diving into each project, here's a quick overview of the top crypto projects built on Solana and what makes them stand out:

Now, let’s explore each of these projects in detail.

1. Raydium – The Leading DEX on Solana

Raydium is one of the most prominent decentralized exchanges (DEX) on Solana, combining an automated market maker (AMM) with deep integration into Serum’s on-chain order book. This hybrid model allows Raydium to offer high-speed trades, low transaction costs, and superior liquidity aggregation.

By tapping into Serum’s established order book, Raydium enables traders to access both centralized-style order matching and decentralized liquidity pools. This dual functionality enhances price discovery and reduces slippage—critical advantages in fast-moving markets.

👉 Discover how decentralized trading is evolving on high-performance blockchains like Solana.

Key features:

Raydium plays a foundational role in Solana’s DeFi ecosystem, serving both retail users and institutional participants seeking efficient, scalable trading solutions.

2. Jupiter – The Ultimate DEX Aggregator

Jupiter stands out as Solana’s premier DEX aggregator, designed to deliver optimal swap rates by pulling liquidity from multiple decentralized exchanges. Its smart routing algorithm evaluates hundreds of potential trade paths in real time to minimize slippage and maximize output.

Built to leverage Solana’s high throughput and low fees, Jupiter ensures fast execution even during periods of high network activity. The platform supports a vast array of SPL tokens and integrates with leading liquidity providers such as Orca, Raydium, and Mercurial.

Key benefits:

For anyone serious about DeFi trading on Solana, Jupiter is an essential tool for maximizing returns.

3. Meteora – Advanced DeFi with Synthetic Assets

Meteora pushes the boundaries of DeFi innovation on Solana by introducing synthetic asset creation and dynamic liquidity models. The protocol allows users to gain exposure to various digital and real-world assets without directly owning them—opening up new possibilities for hedging, speculation, and portfolio diversification.

Powered by Solana’s speed and efficiency, Meteora delivers near-instantaneous transactions at minimal cost, making complex financial instruments accessible to a broader audience.

Core offerings:

Meteora exemplifies how next-gen DeFi can combine accessibility with sophistication.

4. Ondo Finance – Bridging Traditional Finance with DeFi

Ondo Finance is pioneering the tokenization of real-world assets (RWAs) on Solana. In late 2023, it launched U.S. Treasury-backed tokens on the network, including USDY, a yield-generating stablecoin, and OUSG, a tokenized version of BlackRock’s short-term Treasury ETF.

These assets are fully collateralized and can be used across Solana’s DeFi ecosystem—for lending, borrowing, or yield farming—effectively bridging traditional finance with decentralized applications.

Why Ondo matters:

Ondo is setting a new standard for how off-chain value enters the blockchain economy.

5. Magic Eden – The Leading NFT Marketplace

Magic Eden dominates the NFT space on Solana as the go-to marketplace for buying, selling, and minting non-fungible tokens. Founded by former engineers from Uber, Coinbase, and Facebook, the platform offers a seamless user experience with advanced tools like bulk listing, NFT sweeping, and real-time analytics.

Beyond Solana, Magic Eden also supports Ethereum and Bitcoin NFTs (via inscriptions), positioning itself as a cross-chain leader in digital collectibles.

Notable capabilities:

With continuous innovation, Magic Eden remains central to Solana’s vibrant NFT culture.

👉 See how NFT marketplaces are transforming digital ownership in the blockchain era.

6. Bonk (BONK) – The People’s Meme Coin

Launched in December 2022 as a community-driven airdrop (50% distributed freely), Bonk (BONK) has grown into Solana’s official meme coin and social catalyst. Unlike many speculative tokens, Bonk fosters real utility through integrations with over 350+ Solana projects, including games, DEXs, and NFT platforms.

The Bonk ecosystem includes:

Bonk isn’t just a joke—it’s a powerful force driving user adoption and engagement across the Solana network.

7. Jito – Liquid Staking with MEV Rewards

Jito revolutionizes staking on Solana through liquid staking and MEV (Maximum Extractable Value) optimization. When users stake SOL via Jito, they receive JitoSOL, a liquid token that earns both standard staking rewards and additional yield from MEV extraction.

This dual-income model increases capital efficiency while maintaining liquidity—users can trade or deploy JitoSOL in DeFi protocols like lending platforms or DEXs.

Key innovations:

Jito exemplifies how modern staking can go beyond passive income to deliver active yield strategies.

8. Helium Network – Decentralized Wireless Infrastructure

Helium Network leverages Solana to power its decentralized physical infrastructure network (DePIN), enabling community-operated 5G hotspots that earn cryptocurrency. By migrating to Solana, Helium gained faster transactions and lower costs—critical for micropayments between devices.

Hotspots are minted as NFTs, ensuring authenticity and enabling resale or leasing. Partnerships with Google and Telefónica have expanded coverage across the U.S. and Mexico.

Use cases:

Helium proves blockchain can solve real-world infrastructure challenges.

9. Pyth Network – High-Frequency Oracle Data

Pyth Network is a leading decentralized oracle providing real-time financial data from over 80 first-party sources—including Binance, Coinbase, and Jump Trading. It delivers more than 1,300 price feeds across 100+ blockchains, covering crypto, equities, commodities, and forex.

Unlike traditional oracles, Pyth uses a pull-based model, reducing costs during congestion and improving data freshness. Its low-latency feeds are vital for DeFi protocols requiring accurate pricing—such as margin trading platforms and algorithmic stablecoins.

Trusted by:

Pyth ensures Solana’s DeFi ecosystem remains robust, secure, and data-driven.

10. Oxygen (OXY) – Institutional DeFi Prime Brokerage

Oxygen offers institutional-grade financial services on Solana, functioning as a decentralized prime brokerage. It supports advanced features like margin trading, borrowing against collateral, and multi-tier lending pools—all powered by Solana’s speed and low fees.

The OXY token enables governance participation and staking rewards within the protocol. While prices fluctuate (e.g., ~$0.03 in mid-2025), the platform continues evolving toward professional-grade DeFi infrastructure.

Features include:

Oxygen aims to bring Wall Street-level sophistication to decentralized finance.

Frequently Asked Questions (FAQ)

Q: Why are so many projects choosing Solana?
A: Solana offers unmatched transaction speed (up to 65,000 TPS), low fees (~$0.00025 per transaction), and strong developer support—making it ideal for scalable dApps.

Q: Is Bonk just another meme coin?
A: While it started as a meme coin, Bonk has evolved into a core part of Solana’s ecosystem with real integrations, community governance (BonkDAO), and utility across 350+ projects.

Q: What makes Jito different from regular staking?
A: Jito provides liquid staking tokens (JitoSOL) that earn both staking rewards and MEV profits—plus they remain usable in DeFi protocols for compounded yields.

Q: Can I use Magic Eden for non-Solana NFTs?
A: Yes! Magic Eden supports NFTs on Ethereum, Bitcoin (via inscriptions), and other chains—making it one of the most versatile NFT marketplaces today.

Q: How does Ondo Finance tokenize real-world assets?
A: Ondo partners with regulated custodians to issue blockchain tokens backed by real assets like U.S. Treasuries. These tokens are audited regularly and can be used as collateral in DeFi.

Q: What role does Pyth Network play in DeFi?
A: Pyth supplies accurate, real-time price data to DeFi apps—preventing manipulation and enabling reliable lending, trading, and derivatives markets on Solana.

👉 Explore how cutting-edge blockchain platforms are reshaping finance, gaming, and digital ownership.