Solana summer forges on ☀️
While the @SolanaInstitute took to Capitol Hill as U.S. policymakers passed historic crypto legislation with the GENIUS Act, the Solana community kept doing what it does best: shipping.
Here’s what you might’ve missed last week:
- @Metaplex launched Genesis, a protocol for Onchain Token Offerings powered by Solana featuring launch pools to eliminate front-running & sniping, public auctions for efficient price discovery, and priced sales with caps and allowlists
- @xStocksFi lending markets launched on @KaminoFinance, enabling users to borrow against SPYx, NVDAx, MSTRx, and more, directly on onchain — powered by @chainlink oracles
- @SuperteamSG announced the next season of Ignition, giving founders 2 weeks in Singapore this September to accelerate their startups built on Solana
- @believeapp announced a partnership with @whop, enabling Whop creators to launch a coin for their community on Solana directly from their Whop page
- @perena introduced USD’, a U.S. regulated stablecoin issued by Brale on Solana
- @MessariCrypto released their most recent State of Real World Assets on Solana report, showing that RWAs issued on Solana have grown 140% YTD, with over $420M issued
- @mert launched the first episode of Accelerate with Toly. Can the devs please do something (about more podcasts)?
- @slashapp launched support for on & off-ramps on Solana, so businesses can pay contractors/vendors in USDC and receive USDC from customers
- @pipenetwork, a decentralized CDN built on @Solana, launched SolanaWave AI, offering instant, signup-free access to Solana’s full blockchain history (all transactions, contracts, NFTs), accessible in ~56ms
- Solana DePIN @dawninternet introduced the Black Box, new hardware that pioneers solar-like economics for wireless and powering high-speed home internet owned by you
- @hylo_so launched season 0 of points in their app ft. leveraged trading and a yield-bearing, DeFi-native stablecoin
- One of the highest volume exchanges in Thailand, @BitkubOfficial, added support for USDT deposits and withdrawals on Solana
- Solana DAO governance became much smoother. @realmsdaos launched Realms v2 featuring advanced treasury management, transparent voting heat maps, and more on their fully open source DAO tooling product
- Solana liquid staking startup @Sanctum acquired @IronforgeCloud in an all-cash deal
- @ranger_finance’s perps and trading suite launched points season 1
@ZeusNetworkHQ and @MarinadeFinance introduced btcSOL, the first restaking model built on Solana for holders to accumulate Bitcoin (zBTC)
Btw: @SolanaConf Breakpoint in Abu Dhabi is going to be here faster than you think. F1. Bitcoin MENA. Abu Dhabi Finance Week.
Don’t wait to get your tickets and book your hotels! See you there this December 🫡
@WhiteHouse Well done @WhiteHouse ! Although perhaps initially complicated to people now, think of this as making every payment as simple as "Google Pay" or "Apple Pay", everywhere, and can fundementally impact the US economy, domestically and abroad. Historic!
✅ GENIUS ACT SIGNED INTO LAW
"The GENIUS Act creates a clear and simple regulatory framework to establish & unleash the immense promise of dollar-backed stablecoins. This could be perhaps the GREATEST revolution in financial technology since the birth of the internet itself."
@SecScottBessent Well done @SecScottBessent! Although perhaps initially complicated to people now, think of this as making every payment as simple as "Google Pay" or "Apple Pay", everywhere, and can fundementally impact the US economy, domestically and abroad.
Today, President Trump signed the GENIUS Act into law, a historic piece of legislation that will pave the way for the U.S. to lead the global digital currency revolution.