Solana Network Snapshot

• SOL Price: ~$56.34 → ~$55.12 (↓2.17% since November 11)

• Total Value Locked (TVL): ~$558.74m → ~$556.42m (↓$2.32m since November 11)

• Nakamoto Coefficient: 23

• Top DeFi by TVL: Marinade Finance

• Top NFT Collection (7-day volume): Mad Lads

Sources: DefiLlama, Nakaflow, Magic Eden

This Week in Solana

🎮 November 11 - Oogy's Blast Beta Goes Live: Inviting users to test the Oogy Blast game’s functionality.

Source: @oogyNFT

🌐 November 12 - Solana Adds 130K Wallets: The network sees an increase of over 130,000 active wallets in just a week.

Source: @SolBulletin

🔄 November 12 - Solana Overtakes Ethereum: Surpassing Ethereum in daily active addresses.

Source: @DegenerateNews

💱 November 12 - Coinbase Supports Solana Futures: Now offering Solana perpetual futures contracts (SOL-PERP) on the Coinbase International Exchange.

Source: @CoinbaseIntExch

📄 November 12 - CUBE Releases Litepaper: Detailing the framework of its exchange.

Source: @cubexch

📈 November 13 - Grayscale's Solana Trust Skyrockets: The trust trades at an 869% premium, indicating strong institutional interest.

Source: CoinDesk

🏠 November 13 - Parcl Launches V3: Introducing a perpetual futures DEX, enhanced risk management, single liquidity pool, and more.

Source: @Parcl

🗣️ November 14 - Cathie Wood Praises Solana: ARK Invest's CEO, Cathie Wood, comments on CNBC that Solana is "even faster and cost-effective than Ether."

Source: @DegenerateNews

🔗 November 14 - Bonfida Joins Forces with FluxBeam: Facilitating transfers using .SOL domain names on the FluxBot Telegram bot.

Source: @bonfida

🎒 November 14 - Backpack Exchange Initiates Phase 1: Commences user sign-ups and verification.

Source: @xNFT_Backpack

📈 November 15 - Solana Sets DEX Volume ATH: Achieving an all-time high in monthly DEX volume within the first half of November.

Source: @StepDataInsight

📊 November 15 - Jupiter’s Airdrop Breakdown: Details for the upcoming community airdrop of the JUP token are revealed.

Source: @weremeow

🔄 November 15 - Mad Lads Flip DeGods: Overtaking DeGods in floor price.

Source: @SolBulletin

🚀 November 16 - SOL Records New YTD High: Soaring to a new year-to-date high of $68.20.

Source: @NezhaFi

🎨 November 16 - Elixir Rebrands Ovols: Unveiling refreshed art and new branding.

Source: @ElixirNFT

📣 November 17 - Backpack Exchange to List PYTH: Listing of Pyth Network's token, PYTH, set for November 20.

Source: @xNFT_Backpack

🌉 November 17 - Phantom Teases Bridge: Hinting at an upcoming Ethereum to Solana bridge feature.

Source: @phantom

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