Doppler Rebuilds for Solana Amidst Growing Competition

Doppler, the token launch protocol built by Whetstone Research, is expanding to Solana (SOL) after handling more than 90% of new DEX pool launches on Base. The announcement comes six weeks after Doppler disclosed a $9 million seed round raised in Q2 2025.

Austin Adams, founder of Doppler, said the team redesigned the protocol from first principles to accommodate Solana's Virtual Machine (SVM) constraints. 'The SVM has fundamentally different constraints,' Doppler said in its announcement. 'That's what makes it interesting.'

Doppler currently powers over 40,000 daily asset creations representing more than $1.5 billion in aggregate value and over $1 billion in cumulative trading volume.