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THE_GEN
2 days ago
Raydium Protocol Introduces "Burn & Earn," which would allow teams launching tokens to permanently lock CLMM liquidity while still claiming trading fees. This new feature would be competition to Meteora's Dynamic Pools.
THE_GEN
5 days ago
Magic Eden led NFT marketplaces with $56M in annual revenue, surpassing all competitors combined. 71% came from Bitcoin Ordinals (excluding Runes and BRC20), and 27% was driven by Solana.
THE_GEN
8 days ago
Sonic SVM, the first Atomic SVM chain on Solana, has announced a $12 .8M HyperGrid node sale which is the first of its kind on Solana. The sale, which features 50,000 "HyperFuse nodes," begins in three stages:
- A Tier 1 Raffle on 9/16
- A Whitelist Sale on 9/18
- A Public Sale on 9/19.
THE_GEN
9 days ago
Solana Breakpoint 2024 agenda announced.

Key topics include:

• Firedancer
• Solana 2.0
• The Solana Network State
THE_GEN
10 days ago
Volmex introduces the SVIV Index, the first SOL implied volatility index, tracking 14-day expected volatility. Future updates will include more terms and SVIV Index-linked derivatives for trading.
THE_GEN
12 days ago
Solana Programs that are Verified has been put into a directory, a public dashboard for trusted and verified Solana programs.
THE_GEN
16 days ago
Bybit teases the launch of $BBSOL , a liquid staking token (LST) on the Solana blockchain.

Bitget exchange teases the launch of $BGSOL .

This marks the 3rd exchange to announce the launch of an LST (Liquid Staking Token) on Solana in a single day including Binance.
THE_GEN
18 days ago
Solana-based Drift Protocol's BET platform achievements since launch last week:

▶️ Over $1 .6M in open interest and volume
▶️ More than $3 .5M in Day 1 liquidity
▶️ 1K+ active positions and counting
▶️ Ultra-tight spreads below.01
THE_GEN
22 days ago
Phantom enhances support for interest-bearing tokens with real-time updates.
THE_GEN
23 days ago
Binance and former CEO Changpeng Zhao face a new class-action lawsuit from three investors alleging the exchange failed to prevent money laundering, resulting in the loss of their stolen crypto assets.
THE_GEN
25 days ago
Hivemapper partners with Coins.ph and
Seamoon Protocol JP to enhance road mapping and expand its network across Asia.

Helium partners with Wifimap to offer users 1 month free of Helium Mobile service, including unlimited data, talk, and text.

Solana DePIN are growing huge
THE_GEN
25 days ago
NX Finance, a yield layer on Solana has released their tokenomics:

Total Supply: 100 million
Community: 51%
IDO: 15%
Team: 10%
Investors: 10%
BD and Marketing: 10%
THE_GEN
27 days ago
Major crypto exchange Coinbase has unveiled an innovative artificial intelligence accelerator grant program.

The initiative will award $3 ,000 each to five projects that explore the integration of AI with cryptocurrency wallets.

Coinbase CEO Suggests AI Should Have Crypto Wallets Amid New Bot Accelerator Launch
POPDOGsolcoin
27 days ago
HODL your $POPDOG tight! 💎🙌

Multiple announcements coming this week! 😏🚀🚀🚀
POPDOGsolcoin
28 days ago
You need to know that I’m a rider!

Hand drawn $POPDOG footage destination MOON! 👩‍🚀🚀🌙
BullVerse
28 days ago
Partnership Announcement🤝

We’re thrilled to announce a partnership with Landlord Ronald! Their account proudly wears the gold checkmark on BullVerse reserved for our partners.

We are excited to welcome Landlord as official partners and are committed to working together to benefit the space and our communities. Stay tuned for more announcements regarding this partnership.

$LANDLORD x $BULL

Follow Landlord on BullVerse: bullverse.io/landlord
THE_GEN
30 days ago
Parcl and Truflation partner to improve on-chain access to real estate data, which offers real-time insights into global housing markets.

The collaboration would enhance transparency and assist users in making informed financial decisions in the DeFi space.
THE_GEN
1 month ago
Marinade Finance's Stake Auction Marketplace (SAM) enters Phase 2, allowing solana stakers to earn higher rewards through live validator bids starting August 14th.
THE_GEN
1 month ago
Aiming to streamline and simplify the Solana user experience, Fuse Wallet has unveiled yet another creative tool. After delivering Solana’s leading multisig solution and developing a seed phraseless smart wallet, Fuse is finally bringing gas abstraction to Solana.

What is gas abstraction, and how does it facilitate simplified applications on the Solana blockchain?

HOW DOES GAS ABSTRACTION WORK
In an eagerly awaited update, Fuse Wallet has finally implemented gas abstraction. A helpful onboarding tool, gas abstraction makes Solana gas payments simpler than ever before by expanding the ways in which users can pay transaction fees.

Through the platform’s Paymaster feature, Fuse Wallet’s native LST (Liquid Staking Token), fuseSOL can be automatically converted to SOL to pay transaction fees. This gives users greater flexibility by enabling them to deploy all their SOL throughout the ecosystem while still enjoying the staking rewards provided by fuseSOL.

Essentially, Fuse Wallet’s Paymaster feature ensures that your wallet always maintains a minimum balance of fuseSOL that is sufficient to pay transaction fees. Kept separate from your main balance, the Paymaster also allows for a daily spending limit of 0.1SOL.

While for now, this might sound as simple as using fuseSOL for transaction fees instead of SOL, the future implications allow for a far more diversified onchain landscape.

WHY IS THIS HELPFUL?
In the future, Fuse Wallet expects that users will be able to pay gas fees using any supported cryptocurrency, like USDC. Successful implementation of gas abstraction means that users are no longer required to hold SOL in their wallets, enabling them to explore the Solana ecosystem with greater freedom and simplicity.

Additionally, gas abstraction will make it possible for applications to cover the costs of network transaction fees on behalf of their users. This feature eliminates a massive friction point that hampers adoption and helps new users join the onchain economy.

Commentators on social media have lauded the move as a bold step forward for crypto onboarding.
THE_GEN
1 month ago
US judge has approved FTX's $12 .7 billion repayment plan to creditors. The approval concludes a 20-month legal battle, resolving FTX's financial obligations.
THE_GEN
1 month ago
Anchorage Digital Bank introduces custody and staking support for solana's SPL tokens, expanding institutional access to the Solana ecosystem.

(Anchorage - Only federally chartered crypto bank in the 🇺🇲US serving as a custodian for banks, governments, etc.)
THE_GEN
1 month ago
Crypto markets stayed open 24/7 despite traditional finance circuit breakers, with major DEXs handling significant volumes while major markets were closed and OTC block traders capitalized on the situation.

- Messari Crypto
THE_GEN
1 month ago
Over $2 .9 trillion has been wiped out of US stocks this morning market due to growing fears of a global recession.
THE_GEN
1 month ago
Following a change of heart, the SEC intends to withdraw allegations against certain third-party assets, including SOL, in ongoing Binance Lawsuit.

Altcoin holders across the crypto markets breathed a sigh of relief following a key change in the SEC’s case against Binance, the industry’s largest crypto exchange.

On July 30, 2024, the U.S. Securities and Exchanges Commission indicated its intention to withdraw allegations against third-party crypto assets, including leading altcoins like SOL.

While approval of the SEC’s request means that SOL won’t be classified as a security in the Binance case, the Solana faithful aren’t completely out of the woods just yet.
THE_GEN
2 months ago
Solana’s vast staking ecosystem continues to offer a generous bounty of rewards and utilities. The network’s burgeoning DeFi activity has amplified blockchain revenue, flipping Ethereum in yet another key metric.

Meanwhile, the consistent growth of Solana LSTs (Liquid Staking Token) appears to be plateauing, with net LST flows turning negative on weekly and monthly timeframes.

SOLANA FLIPS ETHEREUM ON REVENUE GENERATION
Off the back of a massive month of DeFi trading activity, Solana’s network revenue has surpassed Ethereum’s on a daily timeframe.

According to Artemis data, Solana has slowly closed the gap on Ethereum in terms of revenue generation before finally surging past its biggest rival. On July 28th, the Solana network generated over $1 .2M in revenue, lending credibility to the network’s economic model.

This is good news for Solana validator operators and stakers. Not only does surging revenue translate to greater earnings for stakers, Solana’s increasing transaction counts also burn SOL tokens. Burning 50% of every transaction fee, this mechanism helps to counter SOL issuance and inflation, building a more sustainable token economy.

SOL TOKEN BURNS
Based on the last seven days of Dune Analytics data, the Solana token burn mechanism has burnt 38,145 SOL, currently valued at over $6 .92M. Despite burning over 5,000 SOL per day, the Solana network still issues just over 160,000 SOL through validator rewards.

LIQUID STAKING FLOUNDERS
Solana’s thriving liquid staking economy has enjoyed immense growth throughout the year. However, the TVL (Total Value Locked) of liquid-staked SOL has dropped over the last 30 days, signaling that interest in LST assets has plateaued.

According to Dune Analytics data, the total number of SOL staked through LSTs reduced by over 128k in the last 30 days, with 42.41% (45,411 SOL) of that figure being withdrawn in the last 7 days.

This decrease is likely due to the withdrawal of capital from Sanctum’s popular LST ecosystem, which attracted over $1B in TVL from depositors in anticipation of Sanctum’s initial CLOUD airdrop.

In a bid to attract more liquid stakers to their validator, Jupiter implemented a dramatic change in their fee structure. On July 22nd, Jupiter announced that 80% of block rewards would go to jupSOL, increased from 50%.

Meanwhile, Step Finance launched another addition to its growing ecosystem. In collaboration with Sanctum, Step Finance unveiled its proprietary LST, stepSOL, which provides holders with STEP reward options on top of all the existing benefits of liquid-staked assets.

THE RETURN OF NATIVE STAKING??
With attention shifting away from LSTs, this may be an excellent opportunity for the Solana community to explore native staking. While not offering the flexibility of liquid staking, native staking provides greater security and peace of mind for SOL stakers.

One of the longest-serving DeFi protocols in the ecosystem, Marinade Finance offers one of Solana’s most powerful staking services. Optimized to provide stakers with the best possible staking rewards across an aggregated pool of leading validators, Marinade offers Solana’s only automated non-custodial staking tool.

What’s more, novel features like Marinade’s Stake Auction Marketplace and Protected Staking Rewards ensure users maximum rewards, while benefitting from the inherent security of native staking.

At press time, Marinade Finance is Solana’s most popular staking provider, attracting over 147k unique accounts. Offering comprehensive support for Solana staking, Marinade has attracted over $1 .4B in TVL, with 32.15% of this figure directed to native staking according to Dune Analytics.

Between Solana’s explosive revenue generation and the vast range of staking products available in the ecosystem through projects like Marinade, there’s never been a better time to stake SOL.
THE_GEN
2 months ago
MoonShot launches the first-ever app on Google play Store, now live in 130+ countries, allowing users to buy solana memecoins directly with debit cards.
THE_GEN
2 months ago
Michael Saylor predicts that Bitcoin price could reach $49 million by 2045.
THE_GEN
2 months ago
With the network’s perpetual trading platforms notching all-time highs in TVL (Total Value Locked) and daily trading volume, Solana summer is in full swing.

Despite the belief that mercenary capital and airdrop farmers were generating artificial volume in Solana’s perpetual scene, trading appetite has returned in full force.

Since January 1st, Solana perpetual exchange TVL is up 447%. Which DeFi apps are leading the charge?

Jupiter Records All-Time High in TVL and Trading Volume.
THE_GEN
2 months ago
deBridge, one of DeFi’s most trusted and liquid cross-chain bridge platforms, has finally announced the completion of its inaugural season of rewards.

The protocol confirmed the Season 1 rewards snapshot was taken at 21:00 UTC, July 23rd, with any user points accrued following the snapshot being directed to their Season 2 allocations.
THE_GEN
2 months ago
Info📣📣📣

Solana Ecosystem Sees Major Growth

In the past 24 hours, the Solana ecosystem has seen a surge in activity, with over 1.3 million active wallet interactions.

➤ 36% Increase in wallet interactions.
➤ 352,000 New Wallets added in the last 7 days