Today in DePIN: - @NATIXNetwork announces a massive partnership with Grab, the largest ride-share company in Asia - @XNET_Mobile community stakes > 17% of circulating token supply in less than a week since staking launched - @helium smashes ATHs, sporting a 125% MoM increase in mobile subscribers & 900k DAUs - @Syndica_io reports @solana monthly DePIN revenue breaks ATHs, nearing $500k/mo across just 5 projects

Crypto moves fast. Solana moves faster. We took one step closer to internet capital markets — with Superstate announcing that tokenized equities are coming to Solana. Here’s what shipped this week: - @superstatefunds announced that their Opening Bell platform will enable companies to issue and trade SEC-registered public equities onchain, starting on Solana. @solstrategies_ intends to be the first issuer following regulatory approvals. - April by the numbers thanks to @blockworksres: $88M in real economic value (+24% MoM), $163M in app revenue (+12%), $111B in DEX volume (+14%), and $12.6B in stablecoins issued (+3.8%) - Bitcoin 🤝 Solana. WBTC (@WrappedBTC), the largest wrapped, programmable Bitcoin by marketcap, is now natively issued on Solana, joining cbBTC, zBTC, and tBTC - The Solana @incubator officially opened applications for cohort 3, offering teams GTM, funding, and mentorship support from Solana Labs and top ecosystem founders for three months in NYC starting this September. Applications open until May 30th! - @VolmexFinance introduced the Solana Volmex Prime Rate Index (SVPR) to distill onchain USD-stablecoin borrowing / lending activity and SOL perpetual futures funding into one transparent, market-driven rate - @PythNetwork introduced custom TWAPs up to 10 mins for builders to use across any of Pyth’s 1,400+ price feeds, giving you tighter control over DeFi app price smoothing - @ledger_top continues to upgrade their Discrimator tool, which offers devs working with Anchor-based programs a suite of features to streamline dev workflow, analytics capabilities, and program verification processes - @timedotfun added voice and video calls with creators, enabling users to redeem time tokens for more rich creator experiences - Solana DePIN teams have been locked in. @NATIXNetwork partnered with Grab, one of Southeast Asia’s leading superapps, to build better maps — starting with the US and EU. - @tryfomo launched their social trading app powered by Solana on the app store, featuring a curated social trades feed and easy onboarding with Apple and Google ID - @SendyHQ’s Solana token trading app went live on the app store - @reborn_agi announced a partnership with Unitree (one of China’s biggest robotics companies) to use their Solana-powered product for AI/robotics training. - @antifunapp, a token launchpad that eliminates sniping and MEV opportunities by bundling trades into short epochs, took the feed by storm and went live on devnet - Space cats continue to move at lightspeed. @JupiterExchange introduced 1) their Ultra API, enabling teams to easily implement their Ultra V2 routing without rebuilding DeFi primitives from scratch and 2) Universal send on @Jup_mobile, enabling users to send any token to anyone anywhere, even if they don’t have a crypto wallet. - @LETST0P shared that their safe driving app powered by Solana reached 1M total downloads - @Vybe_Network introduced Vybe v2 - a portfolio & smart money tracker on Solana to track your wallets, follow top traders, & discover Solana tokens, all in one place. - @dan_jablonski of @Syndica_io announced upgrades to the Solana Sig client in development – a custom buffer pool for AccountsDB and leaner Gossip usage and memory handling - @fusewallet introduced Fuse Plus - a membership model where any user who deposits $100 of assets into Fuse Earn receives free Solana network fees and up to $25K USD of free offramps. Plus, Fuse was featured at @Stripe Sessions as a launch partner for @Stablecoin and @Visa global card issuing product with the Fuse Wallet Card - @doublezero introduced IBRL mode for their testnet – bringing them one step closer to accelerating the infra layer on Solana and other blockchains - @ninaprotocol, the Solana native music platform, partnered with Merlin, largest independent music licensing platform - p.s. don't forget your @colosseum Breakout hackathon submissions are due this week on May 16th! Give yourself enough time to nail your demo. As always, shout in the comments with what we missed. Happy Mother’s Day and hope everyone has a glorious week ahead! We’ll see you at Solana Accelerate in NYC in just 8 days 🫡

Another week, more wins by Solana builders. Plus very quiet ATHs for Solana DeFi — as stablecoins hit $13B issued. Here’s your weekly snapshot of Solana highlights: - @DanJablonski_ noted that Solana DeFi put up some ATHs, with Liquid staking TVL up 121% YoY, record deposits/borrows on @KaminoFinance, and an ATH for Solana stablecoin supply ($13B). h/t to @syndica_io research and @DefiLlama - One of the world’s largest payment processors, @Worldpay_Global ($2.2T in volume, 146 countries), joined the @global_dollar Network and will use USDG on Solana to move money faster across borders - @Coinbase rolled out a tool for SPL asset recovery – no more sweating stuck Solana tokens sent to the wrong address, fam. - The Solana Accelerate NYC conference lineup continues to grow, with @jtwald, @austin_federa, @sengillibrand, and many more announced. Check the full list online and follow @SolanaConf for updates! - At Solana Economic Zone Dubai, @SuperteamAE hosted Demo Day, with @blockendlabs taking 1st place and a $15K prize. Congrats to all the winners! - @SolanaCrossroad in Istanbul brought thousands of builders, devs, and creators together in Istanbul for the biggest community-hosted Solana conference - At Crossroads, @solflare launched their flagship card that lets you spend your crypto IRL, @KASTcard's @raagulanpathy announced plans for their upcoming DEX, and attendees got a sneak peek at the @solanamobile Seeker, shipping this summer - 18 cities across the USA lit up with the Solana gradient, as @allmight_US organized grassroots Solana meetups on April 23rd in New York, Austin, SF, and more. s/o @kyzer and the entire group of hosts! - @Wormhole launched their MultiGov multichain governance system with Solana support - @GreedAcademy launched Semester 2, with over 120K in prizes for those who lock, learn, and test their Solana knowledge - DeSci continues to accelerate, as @MycoDAO launched with the mission to collect all the fungal tissue on the planet into a BioBank, rewarding users who find new fungi - @drip_haus Storefronts went live, empowering creators to sell editions, 1/1s, and physicals from digital storefronts on their DRiP profiles - AT&T expanded from 20K hotspots to 80K+ with @Helium. Solana is now powering access for one of America’s biggest telcos under the hood - @RobinhoodApp announced they’ll be covering network fees for Solana swaps and transfers through June 9th - @Rockaway_X announced a brand new $125M venture fund, with the majority of capital marked as first priority for Solana ecosystem products - Members of the @bonk_inu community and @GraphiteProto built @bonk_fun in collaboration with @RaydiumProtocol, a new token launch platform powered by Solana - Programmable Bitcoin continues to grow on Solana, with @ZeusNetworkHQ welcoming @SolvProtocol as the first Institutional Guardian on Zeus Network - Remember what it felt like to rip a pack? @phygitals launched on Solana, bringing digital card pack mints redeemable for physical cards - @sendarcadefun’s "Lana Roads" game went live, ft. 10ms txs on Solana mainnet, built in under a week with @magicblock and SendRC - @Claynosaurz competed on the internet’s biggest stage and won a Webby award for best trailer What else shipped? Shout it out in the replies — it’s getting insanely hard to keep up. Touch grass and have a great week ahead🫡

No press release. No victory lap. Just facts: Solana apps pulled in over 70% of crypto’s app revenue last week 🚢 And that was just the beginning — here’s what you all shipped: - @_ryanrconnor from Blockworks Research showed that apps powered by Solana accounted for over 70% of daily app revenue in all of crypto on Apr. 16th. Solana had 46% of the total app revenue across all of crypto in March (h/t @syndica_io) - Over 5,800 builders registered for the @Colosseum Breakout Hackathon and it officially kicked off, with build stations IRL all over the globe - @EverclearOrg’s crosschain clearing and settlement protocol went live on mainnet, launching with Solana Support on day 1 - @GlowFinanceXYZ launched their full stack liquidity engine purpose-built for Solana's high performance network - Speaking of DeFi, @RaydiumProtocol introduced LaunchLab — a customizable, community-first Solana token launchpad - The cats stayed busy as usual, as @JupiterExchange shipped @JupPro and the Juno Meta-Aggregator - The @SolanaFndn signed a strategic MOU with Shinhan Securities, one of Korea’s leading financial institutions. Btw if you’re shipping in Korea, give @SuperteamKorea a follow! - @solayer_labs launched the Emerald Card — use it to pay IRL with stablecoins in 100 countries - The Solana Gaming Pass went live with szn 0 on @GAM3Sgg_, rewarding gamers for their time and skill. 30K minted so far. Free mint if you missed it btw. - @aseidman announced that @Hivemapper's Beekeeper is now fully live and available for public use — a mapping intelligence tool for faster and safer business fleet delivery As always — if we missed anything, tag it in the comments and yell (gently). Rest up, fam. Only 1 month until we Accelerate in NYC 🗽

Special thanks to @Syndica_io for solid coverage on the DePIN ecosystem. One node at a time, Roam The World.