Solana Network Snapshot

• SOL Price: ~$58.82 → ~$60.13 (↑2.23% since November 25)

• Total Value Locked (TVL): ~$617.28m → ~$677.62m (↑$60.34m since November 25)

• 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 25 - Solana Daily Transactions Exceed 50M: Marking a notable surge in network activity.

Source: @DegenerateNews

⛽ November 25 - Phantom Launches Refuel: A new feature that allows users to convert a portion of bridged tokens to SOL for gas payments.

Source: @phantom

🌐 November 27 - Jupiter Expands API Access: Offering unrestricted, cost-free access to its Swap API.

Source: @JupiterExchange

👛 November 27 - Magic Eden Introduces Wallet: A self-custody solution for collecting and storing NFTs across various chains.

Source: @MagicEden

🪙 November 27 - Jito Announces JTO Token: 10% of its total supply to be distributed through a retrospective airdrop.

Source: @jito_sol

💹 November 28 - KuCoin Launches BONK Trading: Solana's dog-coin BONK is now tradable on KuCoin via a BONK/USDT trading pair.

Source: @bonk_inu

🌐 November 28 - Code Goes Open Source: Over 700,000 lines of code released.

Source: @getcode

🛠️ November 28 - mtndao Reveals V5 Event: A Solana hacker house event in Salt Lake City, set for February 2024.

Source: @mtndao

🎟️ November 29 - Bankmen Debuts Raffle Platform: Users can now raffle off their NFTs.

Source: @BankmenFinance

🔥 November 29 - Helius Publishes Firedancer Deep Dive: An independent validator client set to improve Solana's speed and reliability.

Source: @heliuslabs

👕 November 30 - Okay Bears Merch Hits ZARA: The NFT collection's merch launches in 1,149 ZARA stores globally across 74 countries.

Source: @okaybears

🎶 November 30 - Audius Adds USDC-Solana Support: Users can now use USDC for transactions, including purchases from artists.

Source: @audius

🚀 November 30 - Mad Lads NFTs Soar: Floor price surpasses $10k, setting a new all-time high.

Source: @DegenerateNews

📈 December 01 - Solana Records DEX Volume ATH: Closes November with a record $7.4 billion in volume.

Source: @DegenerateNews

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