rasmr wins Solana Showdown at WSOP as Solana says poker payments reached $23 million

The August 4 invitational at Paris Las Vegas crowned its first champion and capped Solana's first WSOP season with $23 million in payments processed through MoonPay.

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Summary

Crypto trader rasmr won the inaugural WSOP: Solana Showdown on August 4, taking a $50,000 top prize and a custom Solana-branded bracelet after defeating eight other crypto personalities in a nine-player invitation-only event at Paris Las Vegas. The field included MinhxDynasty, Gabriel Haines, Ansem, Bangerz, CryptoWendyO, Banks, King Solomon, AshleyDCan and rasmr, with Jamie Gold providing a pre-tournament coaching session before play began. The turbo sit-and-go used 100,000 starting stacks and 15-minute blind levels, and PokerNews said the $100,000 prize pool was distributed across all nine places. rasmr said he was close to elimination midway through the event before recovering to beat MinhxDynasty heads-up. The win also earned him an invitation to December's WSOP Paradise in the Bahamas. The event landed as Solana said it processed $23 million in payments during the 2026 World Series of Poker, up from the $22.9 million running total reported in July. That earlier figure covered 6,176 tournament entries settled in crypto and represented 5.3% of total WSOP dollar volume for the season. MoonPay handled the payment infrastructure through the WSOP LIVE app, allowing players to enter tournaments by scanning a QR code and paying in stablecoins with zero fees and near-instant settlement. Solana has also served as presenting sponsor across ESPN's 2026 WSOP coverage, and the partnership is due to extend to prize payouts at WSOP Paradise, where winners are scheduled to receive settlements directly in stablecoins on Solana.

Terms & Concepts
  • stablecoins: Digital tokens designed to maintain a steady value, often used for payments and settlement.
  • sit-and-go: A poker tournament format that begins once a set number of players have registered.
  • heads-up: The final stage of a poker tournament when only two players remain.