October 20, 2025 - Solana News Update
Update: 2025-10-20
Description
October 20, 2025: Solana co-founder develops Hyperliquid rival, inviting developers to "steal idea" while founder also brewing new perp DEX "Percolator." Pantera-backed Solana company accelerates PIPE unlock amid 60% stock price plunge. Another Solana entity files shelf registration for future securities issuance. Market activity reflects both innovation and challenges within Solana ecosystem as companies adjust strategies amid price volatility. Powered by LabCat AI research tools.
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