Crypto moves fast. Solana moves faster.
Last week, Solana creators earned over $19M on pump fun and Forward Industries fueled more momentum for Solana on Wall Street.
Here’s your weekly snapshot of Solana highlights:
- @galaxyhq, @multicoin, and @jump_ formed Forward Industries, a publicly traded company with one of the world’s largest Solana treasury strategies. Follow @ReserveSolana for updates on Solana DATs and treasury companies.
- @pumpdotfun streams went viral thanks to creator fees, with creators making $19.3M in fees last week alone (h/t to @dune and @adam_tehc for the data)
- @Metaplex introduced Uniform Price Auctions, a fairer way to launch tokens on Solana
- @multisig made Grid open to anyone, a developer platform that packages Squads trusted infrastructure into APIs for any app to embed stablecoin workflows and handle millions in deposits
- @moonbirds made the highest grossing RWA physical collectible primary sale on Solana ever, with 1.7M in sales over just 24 hours
- The world was introduced to Solana and @toly took the stage at the @allinsummit to share his vision for a global state machine that moves all financial assets 24/7 at the speed of light
- @centrifuge’s institutional-grade assets went live in Solana DeFi, bringing deJAAA and deTRSY to @raydiumProtocol, @kaminofinance, and other DEX aggregators
- Solana stablecoins reached an ATH in issuance, reaching 13.3B in supply for the first time (h/t @artemis for the data)
- @solanamobile launched Seeker szn, kicking off with a 20% Fitness XP boost in @Moonwalkfitness
- @TheBostonDAO hosted the 2nd annual @solanaboston Conference
- @debridge connected $90B+ of Tron liquidity to Solana
- @simkinstepan introduced a new version of @fusewallet, the self custodial, formally verified, stablecoin neobank on your phone, powered by Squads infrastructure securing $15B+ in value
- @paarugsethi introduced @shipyard_ Delhi, an IRL hub for Solana ecosystem founders and contributors in Delhi, India
- @solstrategies was listed on the Nasdaq, bringing Solana to Wall Street
- @yashhsm and the SendAI team introduced SendShot, an app for launching and tokenizing anything on Solana directly from your @solanamobile seed vault on the Solana Seeker
- @CryptoGarga announced that ApeCoin expanded to Solana
- @Backpack EU launched as one of the first exchanges to offer regulated perpetual futures in Europe (@armaniferrante shared a good story about it too btw)
- @project0 launched, the the first multi-location native prime broker built on Solana
Shoutout to every founder, app, and token pushing Solana forward.
There’s a ton happening, so feel free to shill anything we missed in the replies below and have a glorious week ahead 🫡
Forma’s next stop: Georgia 🇬🇪
150 founders and builders will gather this November in Tbilisi, one of Europe's most tech and crypto friendly cities.
Apply now!
#cryptocurrency
Claim Free Solana by hitting the share button 🔘 and following, then claim.
CLICK THE LINK 🔗🔗 BELOW 👇 TO CLAIM FREE SOLANA
https://t.co/jcYRj27Xl4
NectarFi (@Nectar_finance) - Nigeria
NectarFi is building a full-stack DeFi bank. They've just crossed $150k in total processed volume and $50k in savings deposits.
NectarFi is a lifeline in high-inflation economies. Users can save, earn yield, and process instant, low-cost remittances. Nectar offers everything from stablecoin savings with @perena’s USD* to virtual accounts and instant fiat settlements.
Verxio (@verxioprotocol) - Nigeria
Verxio is onchain loyalty infrastructure powering over 21 loyalty programs, with 2,000+ NFT passes and 300K+ points issued so far.
Using @Metaplex Core on Solana, they enable any app or game to create customizable loyalty programs without code. They turn user activity into tokenized rewards, helping businesses fight churn.
Cryptonia (@getcryptonia) - Nigeria
Cryptonia is a non-custodial stablecoin exchange letting users buy and sell USDC/USDT with Naira in under 10 seconds.
They minimize the fraud and delay risks common in P2P markets, providing a secure and fast experience on Solana by automating payouts directly to local bank accounts.
So far, they've grown to 5,000+ users and processed $6M in volume.
Paj Cash (@paj_cash) - Nigeria
Paj Cash lets you convert any Solana token; SOL, USDC, memecoins, directly into Naira settled in your bank account, often in seconds. It’s non-custodial, works with any Solana wallet, and makes off-ramping feel like a simple token swap, even for sub-$1 amounts.
Over 1,000 users have processed over $150K across 5,000+ transactions.
Streamlink (@use_stream) - Nigeria
Streamlink is a live video platform on Solana where creators can host meetings, AMAs, and livestreams. It’s built with monetization at its core, enabling features like in-stream tipping to help creators engage with their communities.
They’ve already hosted streams with over 10,000 participants.
Airbillspay (@airbillspay) - Nigeria
Airbillspay allows users to pay for utilities; electricity, data, cable TV, and even book flights using stablecoins.
By building on Solana and partnering with @verxioprotocol for loyalty rewards, they are driving financial inclusion and demonstrating the practical power of crypto in Africa.
BLCK IoT (@BLCKIoT) - Kenya
BLCK IoT is a DePIN pioneer on the continent, using low-cost wireless tech to bring precision agriculture to Kenya's remote farms.
Their weather stations provide real-time data for everything from frost prevention on tea farms to optimizing water usage in flower production, increasing yields by up to 18%.
BLCKIoT has deployed over 100 sensors nationwide on the @Helium Network.
Mocha (@getmochala) - Sierra Leone
Mocha is a fintech platform on Solana that lives inside WhatsApp. They enable instant, fee-free cross-border transfers and remittances, targeting users in Sierra Leone.
By bridging the world's most popular messaging app with digital dollars, they're providing critical financial access to millions, no extra app needed.
They've processed over $2.2 million in total transactions.
Ribh Finance (@ribhfinance) - Nigeria
Just 6 months after winning a global Solana hackathon, they've processed over $8.5M in cross-border payments.
Ribh is a decentralized ecosystem for onchain commerce, built for African SMEs.
Ribh empowers businesses to collect payments in local currencies (NGN, GHS, KES) and instantly swap to USDC, shielding them from inflation. They also provide invoice-based B2B payments and remittances without the fees and delays of legacy banking.
Agridex (@AgriDexPlatform) - South Africa
After starting with a $5k olive oil trade, they’ve scaled to process multi-million dollar commodity trades, raising $9M to tokenize global agriculture on Solana.
Agridex is a Real-World Asset (RWA) marketplace, turning coffee, wine, and farmland into onchain assets.
They're tackling inefficiencies in African agricultural trade, slashing transaction fees from 12.6% to under 0.5% and enabling instant settlement with their Loam payments tool.
Global markets are moving onchain, and Africa isn’t left out.
From tokenizing the $2.7T agriculture industry to redefining payments on Solana, meet the products building the future of the internet across the continent.
A guest thread by @harri_obi 🧵