Solana Foundation launches DvP settlement program
Solana (SOL)
Editor:
Eugene Serbin
Cointelegraph.com reports that the Solana Foundation announced the launch of Solana DvP on Tuesday. This open-source settlement program targets financial institutions with a goal of completing asset transfers in seconds. It utilizes an application programming interface for delivery-versus-payment settlement on the Solana network.
The system aims to reduce securities settlement times from one to two days down to seconds. Assets and payments are transferred in a single transaction that either completes fully or does not take effect. This design offers institutions a reusable alternative to custom smart contracts.
Rhodel D’Souza, head of markets digital assets at JPMorgan, described the standard as foundational infrastructure. She stated it allows participants to operate at scale without introducing settlement risk or counterparty exposure. JPMorgan provided input on institutional settlement practices during the development of the program. This move follows a June 2025 cross-chain DvP pilot involving Chainlink, Kinexys, and Ondo Finance.
How the market reacted
Whalio's own Binance spot order flow for SOL, measured when this story was written up on 6 October 2026. Not the outlet's figures.
Solana is trading at $120.78 with a 24-hour buy ratio of 48.6%, indicating a near-even split between buyers and sellers. The 1-hour buy ratio sits at 44.8%, suggesting that immediate buying pressure is slightly weaker than the daily average. Volume Delta is negative across all timeframes, with -$2,041,607 recorded in the last hour. This negative delta means that sell volume has exceeded buy volume, exerting downward pressure on the price. The 24-hour Volume Delta is -$5,355,742, confirming that sellers have dominated the flow over the last day. Net buying has only occurred for 5 of the last 24 hours, highlighting a lack of sustained bullish momentum.
The latest daily buy ratio of 48.8% sits at the 27th percentile of the last 322 days, against a median of 50.0% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for SOL, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 49.3%, making today's 24-hour reading of 48.6% only 0.7 points lower than the weekly norm. This indicates that the current selling pressure is consistent with recent trends rather than being an outlier. Spot volume for the last 24 hours was $193,703,787, which is 0.74 times the weekly average. This lower volume suggests that participation has cooled compared to the previous seven days. The coin has seen a price change of +1.6% over eight days, despite a total Volume Delta of -$13,311,431 for the period. Trading activity has been limited to 3 days of net buying out of 7, reflecting a generally neutral to slightly bearish weekly structure.