Keep this person's photo in mind. I’m not entirely sure if they’re using someone else’s picture, but one thing is clear: if someone uses this photo, they might be a former founder of Kryvora(@KryvoraNetwork). Be on the lookout for L2 network-related scams. I ended up spending quite a lot of money, so be careful.
@parley_rh hi sir, it look like my agent is being spammed with signals by bots, pls limit the number of registrations, whether at the economic layer (e.g., paid access, token staking, etc.) or the PoW layer (via computational rate limiting).
Stablecoins at an ATH, RWAs at an ATH, a million-plus wallets holding tokenized stocks, and the race is on to drive home a Porsche 911 GT3 RS.
Here’s what happened over the week:
📰 Headline News
- Stablecoin supply on Solana hit a new ATH of $17.3B
- @anza_xyz's Alpenglow consensus upgrade is now on devnet
- Tokenized equity holders on Solana crossed 1M
- @joinfrontier launched Frontier Traders Season 1 with $1M+ in rewards and a Porsche 911 GT3 RS grand prize
📰 Launches
- Solana's RWA ecosystem hit a new ATH of $4.6B+ across 3,000+ available assets
- @kamino launched Fixed Rates with @HastraFi and @Figure
- @Backpack activated cash dividend payouts for eligible tokenized stocks and ETFs
- $COPX, $URA, and $SQQQ went live on Solana via @sunrise, issued by @Backpack Securities
- @zama's $ZAMA and @solomon_labs' $USDv went live on Solana via @sunrise
- @withAUSD received preliminary conditional OCC approval to organize as a national trust bank
- @PythNetwork now distributes @Nasdaq's real-time quote and trade product for U.S. equities onchain
- @centrifuge launched $HYB on Solana for actively managed U.S. high-yield corporate bonds with @NYLIManagement
- @TetraDigitalGrp launched CADD on Solana, bringing the Canadian dollar onchain
- @reflectmoney opened capped pre-deposits for its risk market built on @hylo_so's $eHYUSD
- @altitude unlocked local payout rails for the UK, Mexico, Brazil, and Colombia
- @ZetaChain announced migration of $ZETA entirely to Solana to power @AnumaAI
- @metaplex introduced Vantage, a fully modular Solana trading terminal
- @UsePaid celebrated $1.44M in creator fees routed directly to @X accounts via X Money
- @rendernetwork opened a new onboarding round for the rendering node pool
- @NOMADZxyz launched zero-fee travel bookings with stablecoin discounts across 300+ airlines
- @epicentral_ v1 demo went live with native options trading
- @morfimarkets launched its devnet for user-created opinion markets
- @ORE shipped ORE Learn, an educational hub for mining and staking
- @superteamITA officially launched in Italy
- @sanctumso announced App 2.0, slated to launch on October 1st
📰 Milestones
- US Solana ETFs recorded over $188M in weekly net inflows
- Solana handled 76% of x402 transactions
- @xStocksFi logged a record $160M single-day volume on @Raydium
- @kamino originated $10M in AUTO Fixed Rate loans within 72 hours of launch
- @Collector_Crypt recorded the largest tokenized TCG sale in history at $825K
- @bulktrade surpassed $500M in trading volume on its invite-only mainnet
- @clawpumptech crossed $200M in agent-driven volume
7 weeks until Solana takes over London for Breakpoint.
If you enjoyed this week's newsletter, please share it with an RT.
Artwork by @Groowut 🔥
Solana teams in the USA 🇺🇸🇺🇸🇺🇸
Accelerate 2025 (May 19-23 in NYC) is the most important US event of the year for our ecosystem.
The pro-tech posture and de-bureaucratisation of the USA is a once-in-a-lifetime shift.
In just two months, the SEC has dropped major lawsuits (against Coinbase, Kraken, etc.), the administration has appointed a techno-progressive crypto and AI czar in David Sacks, and as of yesterday, the U.S. has established a strategic Bitcoin reserve
Things are moving fast and creating opportunities at a pace we've never seen before.
Please dedicate marketing and BD resources to make your presence felt. We'll have leadership teams from fintech companies, policymakers from DC and capital allocators and institutions from Wall St. all join us that week.
How you can participate:
1. Buy tickets. https://t.co/F4E5mm7tj0
2. Host side events. Contact @DrRebekkaRevel
3. Want to speak? Contact @jnwng
4. Sponsor the event. Contact @platis_e