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Happy solana summer solstice fam☀️
While the world caught some sun, Solana apps quietly posted another $1B+ revenue quarter. That’s two in a row.
Here’s what shipped across Solana last week:
- @Bybit_Official announced @byreal_io, a DEX purpose built for Solana, bringing CEX-grade liquidity onchain
- The @SolanaInstitute, @Phantom, @Orca_so, and @superstatefunds submitted compliant tokenized securities frameworks to the SEC
- @heliuslabs introduced LaserStream, built for devs who need low-latency, high-reliability Solana data streams ft. historical replay, auto reconnect, and 8 global endpoints
- @leapxyz launched the Universal Inbox, a simple API for developers to integrate alerts & comms from across the Solana ecosystem, live now in @JupiterExchange mobile as Radar
- @multisig shipped native passkey and session key support, a major UX breakthrough for builders using Solana infrastructure
- @okx@wallet launched xBTC on Solana, with yield incentives for using programmable BTC at Solana speed across Solana DeFi apps like @kaminofinance and @orca_so
- Over 30 teams based in the EU presented their products at European Demo Day led by @Superteam across the region, culminating in the APEX Budapest summit on June 21st
- Cadets everywhere celebrated as @Ranger_Finance introduced spot trading to complement their perps aggregator on Solana
- @ionet launched Total Network Earnings (TNE) - every ionet transaction now flows through Solana - ft. real-time network earnings onchain and smart contract escrow for payments
- @texture_fi introduced Texture 2.0 Beta, a new layer of capital efficiency on Solana with customizable lending markets and dynamic risk tools
- @LightProtocol announced the 6 winners of the 1000x ZK Compression hackathon. Big congrats to @GetAmpPay, a crypto-native Venmo using zk compressed tokens to enable gasless onboarding and UX, for taking home the grand prize!
- @Hivemapper announced NBC Universal as a Bee Maps customer, bringing one of the world’s largest media and entertainment companies to the Solana ecosystem
- SOL payments went live on @RedotPay, bringing Redot’s 4M users access to Solana-based payments
- The @SolsticeConf non-conference organized by @MonkeDAO is coming to NYC on June 26th during Permissionless NYC
- @mtndao announced that mtndao v8 applications are open, and the SLC-based dev summit will return to Salt Lake City from August 1-31
- The @oniondao_ event for Solana devs kicked off in Chicago, led by @spacemandev
- @Trustalabs introduced POH & Reputation attest as part of the Solana Attestation Service (SAS)
- The Solana Foundation announced they are joining the Global Markets Alliance led by @OndoFinance and signed an MoU with Kazakhstan’s MDAI, aiming to bring tokenized stocks, ETFs, and real world assets onchain
What did we miss? Probably tons. Hit the comments and tag out anything else.
Hope everyone’s having a great start to summer🫡
Solana’s economy is booming.
- $1B+ in app revenue for two straight quarters
- 3,200+ monthly active developers
- ~$800M in quarterly validator REV
The latest Network Health Report has all the details 🧵
Solana is becoming the blockchain of choice for internet capital markets — open, highly liquid, and built for velocity.
Highlights from Kraken, Fidelity, r3, and more at Accelerate 🧵
ICYMI: The Solana Attestation Service is live 🔐
An open protocol turning offchain data into verifiable onchain credentials. Prove KYC, accreditation status, reputation — anything — while keeping personal info private.
Attest once, verify anywhere.
https://t.co/XWL8Z3cYUe
Shipping just got easier 🚢🚢🚢
Tapestry's Solana Starter Kit gives web devs everything they need to build on Solana — auth, swaps, RPCs, social
From zero to one, 10x faster.
Solana Foundation just signed an MOU with VARA, Dubai’s Virtual Assets Regulatory Authority. It sets the stage for deep collaboration between crypto builders and regulators:
> Talent development programs
> Sharing economic impact + sector data
> Workshops + advisory sessions for founders
> Support for a Solana Economic Zone in Dubai
Dubai is already one of the most crypto-forward cities in the world. This partnership helps Solana founders plug directly into that momentum.