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- Solana Weekly Recap: Issue No.5 | September 02 - 08, 2023
Solana Weekly Recap: Issue No.5 | September 02 - 08, 2023
Lido seeks $1.5M, risks Solana support; Visa integrates Solana for USDC settlements; Solana hits 500th epoch; MKBHD critiques Solana's Saga phone.
Solana Network Snapshot
SOL Price: ~$19.50 β ~$19.56 (β0.31% since September 02)
Total Value Locked (TVL): ~$309.12m β ~$307.99m (β$1.13m since September 02)
Transactions Per Second (TPS): ~4.26k
Nakamoto Coefficient: 31
Top DeFi by TVL: Marinade Finance
Top NFT Collection (7-day volume): The Heist
Sources: DefiLlama, Solana Explorer, Nakaflow, Magic Eden
This Week in Solana
π September 02 - Kamino Celebrates 1-Year: Automated yield vaults provider, Kamino Finance, marks its 1-year anniversary on the Solana Mainnet.
Source: @Kamino_Finance
π₯ September 04 - PRISM Burns 5M+ $PRISM: Decentralized exchange, PRISM, burns 5,007,453 PRISM tokens accumulated from fees generated by its products.
Source: @prism_ag
π₯ September 04 - Solcasino Burns 33M+ $SCS: Solcasino.io, a live playable Web3 casino, burns 33,842,101 SCS tokens.
Source: @Solcasinoio
π¦ September 04 - Lido Seeks $1.5M: Liquid staking solution, Lido, seeks $1.5m from Lido DAO; will sunset Solana support if goal is not met in 12 months.
Source: Lido Governance
π September 05 - Visa Integrates Solana: Visa integrates the Solana blockchain for USDC settlements, partnering with Worldpay and Nuvei to enhance cross-border money movement.
Source: @solana
π September 05 - SOL "The Most Loved" Altcoin: CoinShares labels SOL as the "most loved altcoin amongst investors", with $26m in inflows since the beginning of 2023.
Source: Cointelegraph
π September 05 - Drift Protocol Records 3.6K Users: Decentralized exchange, Drift Protocol, celebrates an all-time high of 3.6k Monthly Active Users (MAU).
Source: @DriftProtocol
π September 06 - Solana Hits Epoch 500: Solana network marks a milestone by reaching its 500th epoch.
Source: Solana Beach
π September 06 - Solana and HKUST Collaborate: Solana Foundation partners with the Hong Kong University of Science and Technology (HKUST) to boost Hong Kong's Web3 industry and the Solana ecosystem.
Source: BlockBeats
π September 06 - AWS Sponsors Hyperdrive: Amazon Web Services (AWS) sponsors a $50k grand prize for Solana's hackathon, Hyperdrive.
Source: Solana Hyperdrive
π¬ September 06 - Dialect Expands with Web Version: Smart messaging protocol, Dialect, launches web version of its platform to enhance shareability and provide a more accessible user experience.
Source: @saydialect
π September 06 - Hacker House Event Exceeds Capacity: The Solana Hacker House event in Bengaluru, set to kick-off on September 14, receives over 4k dev sign-ups, surpassing venue capacity.
Source: @DanPaul000
π± September 07 - Marques Brownlee Reviews Saga: Tech YouTuber with 17m+ subscribers, Marques Brownlee, critiques Solana Mobile phone, Saga, in his video titled "This is a Crypto Phone. Donβt Buy It."
Source: Marques Brownlee
π September 07 - Phoenix Hits 30K Users: Decentralized limit order book exchange, Phoenix, celebrates reaching 30k users.
Source: @PhoenixTrade_
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