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 🫡
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