While Wall Street was closed, Solana was still open for business 🔔 This week, Pump raised $600 million in just 12 minutes, Bullish announced that it will migrate its core infrastructure to Solana, and SOL futures on CME surpassed $4 billion in volume. Here's what you might have missed: Solana continued to run uninterrupted during high demand, with $448 million raised on-chain out of the total $600 million in @pumpdotfun token offering, in just 12 minutes! @Bullish, the crypto exchange with over $1.4 trillion in volume, announced that it will migrate its core infrastructure to Solana-native stablecoins to power custody, payments, trading, and settlement. Minna Bank, a subsidiary of the Fukuoka Financial Group, announced that it is working alongside @FireblocksHQ and TIS to study Solana-powered payments, tokenised real-world assets, and liquidations. SOL futures surpassed $4 trillion traded on one of the world's largest regulated derivatives exchanges, @CMEGroup. @Crossmint launched a new wallet SDK built from the ground up for stablecoins and fintech, with built-in support for Solana, sponsored gas, no vendor lock-in, and more. @GUNbyGUNZ launched on Solana, connecting to the network's high-performance DeFi ecosystem. @0xSharples of @blockworksres launched a new launchpads dashboard that covers revenue, token launches, volume, and users on platforms such as @pumpdotfun, @bonk_fun, @raydiumprotocol, @believeapp, @Moonshot, @MeteoraAG, and many more. Good news for developers: @solana_devs's MCP server deployment is now open source. @garden_finance's trustless Bitcoin bridge now has support for Solana, enabling fast BTC bridges to the network. Total @KaminoFinance deposits surpassed $4 trillion, a massive milestone for DeFi on Solana. @0xMert_ announced that he will be releasing another podcast from a bald founder, with "Accelerate" coming soon. @heliuslabs released a prominent report on the state of internet capital markets built on Solana. We probably missed many more news. Tell us what else was released and have a great week! 🫡
While Wall Street was closed, Solana stayed open for business 🔔 This week, pump raised $600M in 12 minutes, Bullish announced they’re moving their core infra to Solana, and CME SOL futures surpassed $4B volume. Here’s what you might’ve missed: - Solana continued humming along during high demand, with $448M raised onchain out of $600M total for @pumpdotfun’s token offering in just 12 minutes. - @Bullish, the crypto exchange with over $1.4T volume, announced they’ll migrating their core infrastructure to Solana-native stablecoins to power custody, payments, trading, and settlement - Minna Bank, a subsidiary of Fukuoka Financial Group, announced that they're working with @FireblocksHQ and TIS to study payments, tokenized real world assets, and settlement powered by Solana - SOL futures surpassed $4B traded on one of the world's largest regulated derivatives exchanges, @CMEGroup - @Crossmint launched a new wallet SDK built from scratch for stablecoins and fintech with Solana support baked in ft. sponsored gas, no vendor lock-in, and more - @GUNbyGUNZ launched on Solana, bridging to Solana’s high powered DeFi ecosystem - @blockworksres’s @0xSharples released a new launchpad dashboard covering revenue, token launches, volume, and users across launchpads like @pumpdotfun, @bonk_fun, @raydiumprotocol, @believeapp, @Moonshot, @MeteoraAG, and many more - Vibe coders rejoice: @solana_devs MCP server implementation went open source - @garden_finance’s trustless Bitcoin bridge launched Solana support, enabling fast BTC bridging to Solana - Total deposits on @KaminoFinance surpassed $4B, a huge milestone for Solana DeFi - @0xMert_ announced he’s launching another podcast by a bald founder, with Accelerate coming to a pod near you - @heliuslabs dropped a banger report on the state of Internet Capital Markets on Solana Probably missed a dozen more drops. Let us know what else shipped and have a beautiful week ahead 🫡
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