Solana was on 🔥 in June. A few highlights 👇
NETWORK PERFORMANCE • @Solana recorded strong growth and market share numbers across most major metrics, including daily active addresses and application revenue
FIREDANCER PROGRESS • @jump_ 's high-performance client Firedancer launched a delegation program for its hybrid Frankendancer, and has already amassed 9% of network stake
INSTITUTIONAL ADOPTION • @SocieteGenerale announced plans to launch a stablecoin on Solana • @Fiserv announced plans to do the same • @moodysratings tested onchain tokenized securities credit ratings
EXCLUSIVE: Moody’s Ratings completed a trial to put a municipal bond rating on-chain—for the first time. In a test with Alphaledger, the rating was embedded directly into a tokenized security issued on @solana. @sndr_krisztian reports.
ETF PROGRESS • Prospective spot SOL ETF issuers submitted updated S-1 filings • @REXShares - @OspreyFunds revealed the upcoming launch of its Solana staking ETF, which occurred this month
The first ETF offering investors exposure to Solana in the U.S., the @RexShares @OspreyFunds Solana + Staking ETF, generated $12 million worth of inflows alongside its Wall Street debut.
APPLICATION NEWS • @BackedFi launched tokenized equities • @DIMO_Network expanded to Japan • @CudisWellness announced its upcoming CUDIS token • @JupiterExchange paused DAO voting • @pumpdotfun outlined a $1b raise • @bonk_inu launched @BONKArenaGame
cc' @solana @SolanaFndn
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