Solana News: Is SOL Price Steady After Bullish Names Partners?
Bullish Names Three Networks for Equity Tokenization
Bullish (NYSE: BLSH) named Solana, Aptos, and Ethereum as the first network partners for its equity tokenization services on Nov 3, 2026.
Issuers will be able to choose a blockchain for their issuer-sponsored tokenized shares. This Solana News update covers the test transfer, the wider rollout plan, and current SOL market data.
Solana News: 61 Million Tokenized Shares Moved in Seconds
On Oct 27, Bullish and Equiniti hosted an event at the New York Stock Exchange. Bullish CEO Tom Farley and Equiniti CEO Dan Kramer showed a transfer of 61 million reserved shares in tokenized form.
Equiniti administered the transfer, and it finished in seconds, according to the official press release.
Farley also showed a reward feature. An issuer can send a digital Consensus pass straight to a shareholder’s wallet. For Solana News followers, the key detail is the settlement speed shown on stage.
Aptos and Ethereum Join the Multi-Network Plan
The company says investors and liquidity are spread across several public blockchains. Tokenization tools built for capital markets therefore need to work on more than one of them. Wider support lets issuers reach investors on networks they already use.
The official record of ownership stays with the transfer agent. Thomas Cowan, Head of Tokenization at Bullish, called Aptos and Ethereum the logical next step. The company plans to offer the same tools on those chains and on others over time.
Source: Official X Post
Capabilities Issuers Could Gain From Tokenized Shares
The firm lists several features that the current post-trade system was not designed to support:
Round-the-clock markets
Near-instant settlement
Programmable corporate actions
Real-time visibility into share ownership
New ways to engage and reward shareholders
Equiniti Deal Status and Closing Timeline
In May 2026, Bullish agreed to acquire Equiniti. It also became the first NYSE-listed company to tokenize its full equity cap table on the network used in the demo. Tokenized BLSH shares later began trading on Bullish Exchange.
The 61 million reserved shares mean the company has earmarked enough stock to close the purchase. The final amount will follow the merger agreement.
Deal Item | Status |
Transaction value | $4.2 billion |
Agreement date | May 2026 |
Expected closing | January 2027 |
Open conditions | Regulatory approvals and customary closing terms |
Solana Mobile Starts Daily SKR Buybacks and Burns
Another Solana News item came on Nov 3, 2026. The company announced daily SKR buybacks and burns, paid from a portion of ecosystem revenue.
The program has burned 1.2 million SKR since Oct 15. The chart attached to the announcement shows that entire total fell within the last 30 days.
Funding comes from three sources:
Validator staking commissions
Seed Vault Wallet fees from swaps
The USDC Earn Vault
Source: X Post
SOL Market Data on November 4 and Items to Track Next
The latest Solana news on price shows SOL at $91.34 on Nov 4, 2026, down 1.06% over 24 hours. Over that window, the price moved between about $90 and $93.7. Volume equals 4.58% of market cap, and SOL ranks seventh by market cap.
Metric | Value |
Price | $91.34 |
24-hour change | -1.06% |
Market cap | $53.91B |
24-hour volume | $2.48B |
Fully diluted value | $58.18B |
Circulating supply | 590.2M SOL |
Total supply | 636.94M SOL |
Source: CoinMarketCap Chart
Note: Prices can change quickly, so figures may not reflect the latest value. Readers should check a live price tracker for current data.
Several items are worth tracking from here:
Dates for Aptos and Ethereum support in the company’s tokenization services
Regulatory approvals ahead of the expected January 2027 closing
Updated burn totals from the mobile team
Changes in SOL volume, which fell 8.36% in 24 hours
Solana News today links an institutional tokenization plan with a token burn program.
The multi-network approach widens the field for issuers, while the Oct 27 transfer gives them a concrete reference point. Dated rollout details will matter more than early reactions.
YMYL Disclaimer: This article is for informational and educational purposes only and should not be taken as financial or investment advice. Crypto markets are volatile, and details such as roles, plans, or figures mentioned here can change over time. Readers should do their own research before making any decisions based on this content.
