blockarrow.eth

BlockArrow Capital is a cryptocurrency fund targeting projects seeking to disrupt legacy technology.

[blockarrow.eth @BlockArrow_]

Bought more cheap $SOL

[Imran @lmrankhan]

I’ll forever be bullish on crypto.

I think we overestimated how quickly crypto would become the next major computing paradigm. A lot of people were searching for the next platform shift and assumed it would be crypto, but in many ways that ended up being AI.

Over the past decade, ton of capital flowed into crypto, and much of it went toward overbuilding. Instead of focusing on a handful of narrow sectors where crypto had a clear advantage, the industry tried to reinvent everything all at once. What we’re seeing now is a natural pullback and consolidation after that period of excess

I don’t think the core thesis is broken by any means. Crypto’s biggest success may not be apps first (even though we have a few), but rails first. As stablecoins, wallets, tokenized stocks and onchain financial infra via neobanks reach every human and eventually every AI agent, crypto becomes the default settlement layer of the internet.

Once those rails are everywhere, many of the ideas that arrived too early like DAOs, decentralized marketplaces, machine to machine payments, and the ideas Vitalik wrote about in the early days of Ethereum may finally have the distribution needed to get it off the ground.

[Blockworks @Blockworks]

Now tracking Solana's competitive positioning for spot volume on majors.

Not only does this track spot volume to CEXs, but also spot volume across other major blockchains.

Yesterday, Solana settled around $161m of HYPE-USD volume, trailing only Bybit, HyperEVM, and HyperCore.

[Thomas Sutker @SutkerThomas]

Bc it’s in the process of becoming the infra layer of global trading activity across all markets and it’s already mispriced bc people are intellectually lazy and still think it is a “meme chain”.

Once people comprehend meme szn was just the stress test, the narrative will change quickly.

[mert @mert]

the top traded pairs on Solana atm are all majors

SOL, HYPE, BTC, ZEC, ETH

all with better execution than Binance and with no KYC or withdrawal limits

last year, these assets were barely tradeable on Solana

Spotlana

[Mastercard @Mastercard]

Today, Mastercard is announcing plans to expand settlement capabilities to include stablecoin, intraday, holiday, and weekend options, giving partners more choice in how and when transactions are settled. That means we’re:

✅ Enabling greater choice to settle in fiat or regulated stablecoins

✅ Improving liquidity management for time sensitive, cross border flows

We’re supporting settlement with @Circle’s USDC, @Paxos-issued stablecoins including USDG,USDP and @PayPal’s PYUSD, @Ripple’s RLUSD and @SoFi’s SoFiUSD across a range of supported blockchain networks including Arbitrum, @Coinbase’s Base, @CantonNetwork’s Canton, Ethereum, @0xPolygon, @Solana, @Tempo and XRPL. ARQ Finance, CBW Bank, @crossriverbank, @Lead_Bank and @Nuvei will be among the first to support.

[Ario 🌲 @ario_57_]

🚨 @jito_sol BAM’s share of @solana staking has continued to climb in May.

BAM-linked stake increased from 117.3M $SOL to over 133M $SOL, pushing its share of total staked $SOL from 27.5% to 31.4%.

✍️ BAM is no longer a validator-side feature. At this scale, roughly 1 in every 3 staked $SOL is connected to the same block-building path, so its design starts to influence how a meaningful part of Solana’s execution layer handles ordering, latency, and MEV extraction.

[RYAN SΞAN ADAMS - rsa.eth 🦄 @RyanSAdams]

Vitalik on ETH the asset.

Yes. He finally said plainly that ETH is the most valuable product of Ethereum.

[Brennan Watt @bw_solana]

200ms slots are on the menu…

… Agave v4.2 is going to be the most insane client upgrade in Solana history

[Nick Almond @DrNickA]

Yes. Solana is an asymmetric bet.

Anyone who’s close enough to it sees the potential. It will be 5X (at least) hyperliquid when people realise that is an app chain and Solana is a substrate for generalised crypto business. Of any kind. Perps are a niche feature.

[Brian @brian_smith_0]

Of 21 SOL/USDC trades on SOL, 1 had a worse fill compared to Binance (-0.20 bps)

Solana is the best place to trade spot in crypto. Soon JTX will prove that

[Perps on Solana @perpsonsolana]

🚨 BREAKING: Solana perp DEXs now approaching $6 billion in 24 hour trading volume.

[mert @mert]

zcash is a swiss bank in your pocket

[Jito @jito_sol]

Excited to announce the launch of FireBAM! 🔥💥

FireBAM, the Frankendancer-compatible BAM client, is now live on both testnet and early third-party onboarding, expanding BAM as well as the Early Subsidy Program to an additional ~12% of Solana validators!

More on this below. 🧵

[toly 🇺🇸 @toly]

Perps will be decentralized

[fabiano.sol @FabianoSolana]

I just found out that Phoenix is up to 6x cheaper than Hyperliquid

Taker Fees:
- Phoenix Trade: 0.035%
- Hyperliquid: 0.09%

Maker Fees:
- Phoenix Trade: 0.005%
- Hyperliquid: 0.03%

Solana got perps

[SolanaFloor @SolanaFloor]

BREAKING: @Solana investment products saw $47.6M in weekly inflows, the highest in 10 weeks.

[matthew 💭 @yo_itsmatt]

Hard to look at the velocity coming out of Solana right now and be anything but extremely bullish

Miami made that even clearer

For anyone looking for an overview, here's what mattered most to me:

- @Jump_firedancer initiated the rollout of the Firedancer 1.0 validator client

Anyone who's a Solana OG knows that this is an update we've been anticipating for a while

Given how much it's going to strengthen Solana's competitive advantage, it's great to see it rolling out

A quote from @toly in Miami feels relevant here: “Cheaper, faster transactions are the most important thing" Firedancer accelerates exactly that

- @RaposaCoffeeCo announced that they are the coffee partner of the Miami Heat & Miami Marlins

Seeing Raposa go from an idea, to an NFT mint, to a successful company has been beautiful to watch

@dirtySOK and @Nftreats have created a blueprint for building a real life business on Solana

- @MoonPay acquired @DFlow

One of the biggest acquisitions to happen on Solana, with the potential to create a unified onchain consumer experience

That matters because better UX is how we onboard the masses

- At the @SolanaFndn, we introduced Pay sh in collaboration with @googlecloud

It's an AI primitive that unlocks parts of the internet for Agents that they previously couldn't access

As @berniemoreno said: "The full potential of AI isn't possible without digital assets and without crypto."

Pay sh is one of the pillars helping Solana build the infrastructure needed to win the agentic race and become the default chain for AI

- @jito_sol unveiled @jtx_trade, a self custodial trading platform

I've made a tweet about this before, but Jito is a world class team that's powered many aspects of Solana for years

They've identified a way to level up onchain trading, and when a team of that caliber makes that kind of a statement, you can only believe them

- @SoFi announced their USD stablecoin, backed by major financial partners

- @LuisSuarez9 is working on Fan Tokens on Solana through @trendexgg, helping bring fans and players closer together

Perhaps the biggest shoutout of all needs to go to @superteamUSA and @SolanaEvents

To say they showed up is an understatement

They killed it

Every single person who attended left happy

Not many conferences can say that

Breakpoint London is on Nov 15-17

I hope to see you there

[JTX @jtx_trade]

The Everything Home for Solana, from those who built Solana from the block up.

[SolanaFloor @SolanaFloor]

📈REPORT: @Solana continues to surpass all other chains combined in tokenized stock trading volume for the 48th consecutive week.

[Jacob Creech @jacobvcreech]

Alpenglow successfully enabled on the community test cluster

Processing and confirmation times instantly dropped dramatically

Time to run this exercise again and again before mainnet