Solana Ecosystem Expands with AIX and Interbix Partnership for Dual Listings

The solana Foundation, alongside Jupiter, AIX, and Interbix, has announced a groundbreaking partnership through a Memorandum of Understanding (MoU) to explore dual listing mechanisms for companies pursuing IPOs. This collaboration aims to enable securities listings on the Astana International Exchange (AIX) alongside tokenized offerings on Interbix, leveraging Solana’s high-performance blockchain infrastructure and Jupiter’s technical expertise. The initiative is set to bridge traditional finance with decentralized solutions, offering companies a seamless way to access both markets. As of May 30, 2025, SOL is trading at 161.52 USDT, reflecting strong market confidence in Solana’s growing ecosystem. This partnership underscores Solana’s commitment to innovation and its pivotal role in the convergence of traditional and digital asset markets.

Solana Ecosystem Partners with AIX and Interbix for Dual Listing Mechanism

Solana Foundation, Jupiter, AIX, and Interbix have formalized a partnership through a Memorandum of Understanding (MoU) to explore dual listing mechanisms for companies pursuing IPOs. The collaboration aims to enable securities listings on Astana International Exchange (AIX) alongside tokenized offerings on Interbix, leveraging Solana’s blockchain infrastructure and Jupiter’s technical expertise.

AIX CEO Assel Mukazhanova emphasized the potential for "new efficiencies" and expanded capital market access, bridging traditional finance with digital asset ecosystems. The framework targets a secure, transparent dual-listing process that could redefine how companies approach public offerings.

Jupiter’s integration of this mechanism proposes a hybrid model where firms list equities on AIX while issuing blockchain-based tokenized assets via Interbix. This convergence of regulated exchanges and decentralized platforms signals growing institutional recognition of blockchain’s role in capital formation.

Solana (SOL) Faces Institutional Hesitation Despite Retail Accumulation

Solana enters June at a crossroads, with retail investors accumulating SOL amid fading institutional interest. The blockchain saw just $0.5 million in institutional inflows during May—dwarfed by SUI’s $23.9 million haul and lagging behind Cardano and Chainlink. This tepid institutional participation threatens to starve SOL of the large-scale capital needed for sustained growth.

Yet exchange balances tell a different story. Over 4.13 million SOL ($677 million) exited trading platforms last month, signaling strong conviction among retail traders and whales. The divergence creates tension between Solana’s current utility as a retail favorite and its need for institutional validation to reach the next price tier.

Solana Faces Bearish Pressure as Market Volatility Intensifies

Solana (SOL) has declined nearly 7% this week, mirroring a broader cryptocurrency market pullback triggered by renewed volatility in global markets. The asset now trades at $162.72, down 2% on the day, as it approaches its lowest level in two weeks.

Technical indicators suggest weakening bullish momentum. The Relative Strength Index (RSI) has dropped from overbought territory to 46, signaling growing bearish dominance. Derivatives markets reflect this shift, with long liquidations accelerating the downward pressure.

The correction comes amid macroeconomic uncertainty following a US appeals court’s temporary reinstatement of former President Trump’s tariffs. Market participants appear to be retreating from risk assets, with SOL’s consolidation between $165-$185 now testing key support levels.

Pump.fun Prepares to Cash Out 156K SOL Amid Ongoing Value Extraction Concerns

Pump.fun is moving another 156,000 SOL to Kraken, continuing its pattern of large-scale withdrawals. The platform has generated over $2M daily in SOL fees, yet returns minimal value to the ecosystem. This transfer surpasses May’s 132K SOL deposit, reflecting $13M in weekly fees and $77.5M over 30 days.

To date, Pump.fun has cashed out 3.49M SOL ($640M) since April, with sales executed between $158-$183 per SOL. Analysts attribute Solana’s sluggish recovery partly to these sustained sell pressures. The platform operates as a high-volume DEX for meme tokens, capturing fees without proportional reinvestment into the network.