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- Solana Weekly Recap: Issue No.3 | August 19 - 25, 2023
Solana Weekly Recap: Issue No.3 | August 19 - 25, 2023
Solana achieves 6-month 100% uptime; Brave browser adds Solana NFT token-gating; Solana Pay integrates with Shopify; Maple Finance returns post-FTX collapse.
Solana Network Snapshot
SOL Price: ~$21.90 โ ~$20.22 (โ7.67% since August 19)
Total Value Locked (TVL): ~$309.18 โ ~$309.21m (โ$0.03m since August 19)
Transactions Per Second (TPS): ~4.12k
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
๐ฎ August 20 - Star Atlas Rolls Out โExperimental Modeโ: Solana-based gaming metaverse, Star Atlas, unveils new "Experimental Mode" for players to preview levels currently in development.
Source: @staratlas on ๐
๐ August 21 - Solana Records 100% Uptime: Solana achieves 100% uptime in the last 6 months.
Source: @StepDataInsight on ๐
๐ August 21 - Monkey Munch Game Announcement: NFT project Solana Monke Business announces the upcoming launch of โMonkey Munchโ, a game developed in partnership with Octo Gaming.
Source: @SolanaMBS on ๐
๐ August 21 - Solana Embraces New Narrative: Solana adopts the "Only Possible on Solana (OPOS)" narrative and kicks off a campaign around it.
Source: @solana on ๐
๐ August 21 - Phantom Unveils New Authentication: Web3 wallet Phantom launches "Sign In With Solana (SIWS)", a feature that enables apps to securely authenticate users using only a Solana address.
Source: @phantom on ๐
๐ August 22 - Elusiv Introduces Private Token Swaps: Privacy solutions provider Elusiv introduces private token swaps on Solana, allowing users to trade assets anonymously using temporary keys.
Source: @elusivprivacy on ๐
๐ฆ August 22 - Brave Browser Integrates Solana: Popular web browser Brave introduces Solana NFT token-gating to Brave Talk.
Source: @brave on ๐
๐ฐ August 22 - Marinade Celebrates 1M SOL Staked: Marinade, a non-custodial liquid staking protocol on Solana, celebrates over 1 million SOL staked in its one-month-old product, Marinade Native.
Source: @MarinadeFinance on ๐
๐ Aug. 22 - Kamino Finance Hits $1B Volume: Kamino Finance, a Solana-based automated yield vaults provider, marks surpassing over $1 billion in total volume since its launch.
Source: @Kamino_Finance on ๐
๐ August 23 - Euro Stablecoin Debuts on Solana: Membrane Finance launches the first euro stablecoin, EUROe, on Solana, supported by Wirex and compliant with upcoming MiCA regulations.
Source: @EUROemoney on ๐
๐ณ August 23 - Solana Pay Integrates with Shopify: Decentralized payment protocol Solana Pay integrates with Shopify, extending its plug-in for seamless transactions to millions of businesses.
Source: @solana on ๐
๐ August 23 - Maple Returns to Solana: After pausing due to the collapse of cryptocurrency exchange FTX, Maple Finance returns to Solana with its Cash Management Solution, providing yields backed by U.S. Treasury Bills.
Source: @maplefinance on ๐
๐ง August 23 - Cypher Accelerates IDO: Following a recent $600k exploit, Solana-based DEX Cypher Protocol announces the acceleration of an IDO as part of their recovery strategy.
Source: @cypher_protocol on ๐
๐ August 23 - Phoenix Launches On-Chain Order Book: Phoenix launches its decentralized limit order book on Solana.
Source: @PhoenixTrade_ on ๐
๐ August 23 - Solana Labs Releases ChatGPT Plugin: Solana Labs rolls out ChatGPT plugin, simplifying Solana blockchain queries.
Source: @solanalabs on ๐
๐ฐ August 24 - Bybit Comments on Solana Projects: Bybit's co-founder, Ben Zhou, states that the exchange hasn't encountered any notable projects on Solana since the FTX incident.
Source: @DegenerateNews on ๐
๐น August 24 - Marginfi Crosses $1B Volume: Solana-based lending and borrowing protocol, marginfi V2, surpasses $1 billion in total volume.
Source: @marginfi on ๐
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