- This Week In Solana
- Posts
- 🔥 LSTs on Fire
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SNAPSHOT
Over the last 7 days:
$SOL Price: $163 (-6%) NFT Volume: $22M (-27%) Total Value Locked: $4.7B (+2%) | Liquid Staked: 23.5M SOL (+4%) Stake LSTs vs Native: 6.5% (+6%) hubSOL staked: 60K SOL (+88%) |
TOP STORIES
deBridge wins Jupiter’s third LFG with 59% of the vote (Link)
deBridge releases details and tokenomics for their $DBR token (Link)
Jupiter kicks off the Giant Unified Market initiative with the aim to index memecoins, RWAs, stocks, and forex (Link)
Sanctum Infinity ($INF) is now integrated into Jupiter Routing (Link)
Bonk Staked SOL (bonkSOL) is now listed on Symmetry and can be added to portfolios & bundles (Link)
Is Bonk more useful than Ethereum L2s? (Link)
Solflare adds limit orders and an improved token UI (Link)
Zeta Markets airdrop & TGE coming next month (Link)
CNBC alludes to a Solana ETF being next (Link)
Even if’s not coming there is an insane amount to be bullish on:
Solana doesn't have an ETF coming but this happened:
- Jupiter launched GUM Initiative (bring all assets on chain)
- TVL reached cycle highs, now above pre-FTX levels
- Solana's Crypto Phone reached $65M in pre-orders
- Phantom acquired Bitski, a leading provider of embedded… x.com/i/web/status/1…— gumshoe (@0xGumshoe)
12:19 PM • May 23, 2024
Disclaimer: Nothing in this email is financial advice and we are not professional investment advisers. These weekly updates on Solana news are informational and for entertainment purposes only. The information here could be out of date or completely wrong. Worse, protocols featured may get hacked or may rug you and you may lose everything you invest. As such we accept no liability of loss, you are responsible for your own research and due diligence.