- Nezha.fi
- Posts
- Solana Weekly Recap: Issue No.2 | August 12 - 18, 2023
Solana Weekly Recap: Issue No.2 | August 12 - 18, 2023
Solana records highest 2023 TVL; Tokenized Bitcoin debuts; The Heist's "Orangutans" rank 2nd across all chains; Helium's $5 mobile plan; Cypher freezes $600k post-breach.
Solana Network Snapshot
SOL Price: ~$24.22 โ ~$21.88 (โ9.65% since August 12)
Total Value Locked (TVL): ~$309.29m
Transactions Per Second (TPS): ~4.86k
Nakamoto Coefficient: 31
Top DeFi by TVL: Marinade Finance
Top NFT Collection (7-day volume): The Heist: Orangutans
Sources: DefiLlama, Solana Explorer, Nakaflow, Magic Eden
This Week in Solana
๐ August 12 - Solana TVL Peaks: Solana records its highest TVL of 2023.
Source: @StepDataInsight on Twitter
๐ฎ August 13 - Star Atlas Unveils Racing Gameplay: Solana-based gaming metaverse, Star Atlas, teases ground race track gameplay.
Source: @staratlas on Twitter
๐ August 14 - Loch Integrates with Solana: Portfolio management platform, Loch, integrates with Solana to enhance its DeFi and CeFi offerings.
Source: @loch_chain on Twitter
๐ August 14 - DRiPโs 25M Milestone: DRiP, known for its free NFT airdrop approach, celebrates the minting of its 25 millionth collectible on Solana.
Source: @drip_haus on Twitter
๐ August 15 - tBTC Debuts on Solana: Threshold Network's Tokenized Bitcoin, tBTC, launches on Solana, bridging Bitcoin with DeFi and marking its first non-EVM blockchain integration.
Source: @TheTNetwork on Twitter
๐ฑ August 15 - Helium Mobile's $5 Plan: Helium Mobile rolls out a $5 unlimited plan in Miami, leveraging the people-built Helium Network.
Source: @helium_mobile on Twitter
๐ฆฆ August 15 - Apps on Ottr: Solana-based self-custody wallet Ottr introduces โAppsโ feature, offering a curated dApp list, swipe-to-sign transactions, and more within their interface.
Source: @ottrfinance on Twitter
๐ August 17 - Solana Overtakes Dogecoin: Solana (SOL) climbs to the 8th spot in global cryptocurrency market cap, surpassing Dogecoin.
Source: @StepDataInsight on Twitter
๐ August 17 - Sanctum Rebrand: Formerly known as unstake.it, the platform rebrands to Sanctum, positioning itself as the next-generation stability protocol on Solana and integrating into Jupiter.
Source: @sanctumso on Twitter
๐ August 17 - The Heist's Rise: The Heistโs "Orangutans" collection hits 2nd in 24-hour NFT sales across all chains.
Source: @DegenerateNews on Twitter
๐ค August 17 - Bonk Launches BONKbot: Bonk introduces BONKbot, a Telegram trading bot powered by DEX aggregator Jupiter, optimizing Solana-based trading experiences.Source: @bonk_inu on Twitter
๐ซ August 18 - Cypher Protocol Update: After a security breach last week, Solana-based DEX Cypher Protocol manages to freeze $600k of stolen funds on exchanges.
Source: @cypher_protocol on Twitter
Enjoyed the Updates?
Join us each week as we dive into the latest happenings within the Solana ecosystem, plus receive key Nezha developments as they unfold.