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  • Solana Weekly Recap: Issue No.7 | September 16 - 22, 2023

Solana Weekly Recap: Issue No.7 | September 16 - 22, 2023

Injective introduces inEVM; Eclipse announces fastest Ethereum L2; Night Market sunsets operations; QCAD expands to Solana.

Covering Solana ecosystem highlights: September 16 - 22, 2023. Solana is a high-performance layer 1 blockchain with high throughput capabilities driven by its native token SOL. Curated by marketing experts at Nezha.

Solana Network Snapshot

  • SOL Price: ~$19.12 → ~$19.38 (↑1.36% since September 16)

  • Total Value Locked (TVL): ~$305.95m → ~$312.20m (↑$6.25m since September 16)

  • Transactions Per Second (TPS): ~4.37k

  • Nakamoto Coefficient: 30

  • Top DeFi by TVL: Marinade Finance

  • Top NFT Collection (7-day volume): Reavers

This Week in Solana

💰 September 18 - Marinade Finance Debuts "Marinade Earn": Staking protocol, Marinade Finance, rolls out “Marinade Earn”, an initiative aimed at rewarding staking participants who are using mSOL or Marinade Native.

🎮 September 18 - The Heist Launches Mobile Game: Game-driven NFT project, The Heist, releases a mobile version of their game.

📈 September 18 - Solana Dominates Weekly Inflows: While many leading cryptocurrencies experienced outflows, Solana captured the week's highest inflows.

⚖️ September 18 - Solcasino Teases 1000x Leverage: Web3 casino, Solcasino, hints at the upcoming introduction of 1000x leverage trading on their platform.

Source: @Solcasinoio

🤝 September 19 - OKX Partners with Solana Mobile: Cryptocurrency exchange, OKX, partners with Solana Mobile to list its app on the Solana Saga’s dApp store.

Source: @okx

🔗 September 19 - Injective Introduces “inEVM”: Injective, a leading layer 1 blockchain, launches “inEVM”, an Ethereum Virtual Machine that brings Ethereum compatibility to both the Cosmos and Solana ecosystems.

Source: @Injective_

💨 September 19 - Eclipse Announces Fastest Ethereum L2: Customizable rollup provider, Eclipse, announces the Eclipse Mainnet, touted as the fastest layer 2 solution on Ethereum, powered by the Solana Virtual Machine (SVM).

Source: @EclipseFND

🔍 September 20 - Jupiter Unveils “Bridge Comparator”: Decentralized exchange, Jupiter, presents the "Bridge Comparator", enabling users to compare the cost and transfer time of bridging services to Solana.

↗️ September 20 - Phantom Introduces “Shortcuts”: Phantom, a Web3 wallet, rolls out "Shortcuts", a one-click hub connecting users to trusted resources and actions for their NFTs.

Source: @phantom

❌ September 20 - Night Market Sunsets Operations: NFT marketplace, Night Market, announces that it will sunset its products and services, including its NFT collection, Motley Friends.

🎨 September 21 - SolSniper Adds cNFT Support: Sniper, an NFT marketplace, announces platform support for compressed NFTs (cNFTs).

🎮 September 22 - Star Atlas Launches SAGE Labs: Gaming metaverse, Star Atlas, launches browser-based space strategy game, SAGE Labs.

Source: @staratlas

🇨🇦 September 22 - QCAD Expands to Solana: Stablecorp launches its Canadian stablecoin, QCAD, on the Solana blockchain.

Source: @stablecorp

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