🌟 Introduction
Welcome to today’s Solana Daily Digest! We’re covering the latest developments in the Solana ecosystem, including updates on Jupiter, the upcoming Bitcoin halving, and exciting new projects.
🗳️ Jupiter (JUP) Governance Vote
The Jupiter community is gearing up for a crucial governance vote this week. Key proposals include:
Adjustments to the JUP token emission schedule
New incentives for liquidity providers
Expansion of Jupiter’s cross-chain capabilities
Voting is set to begin on July 6th and will run for 72 hours. JUP token holders, make sure your voice is heard!
🌗 Bitcoin Halving: Potential Impact on Solana
With the next Bitcoin halving approaching, here’s how it might affect Solana:
Increased interest in alt-L1s could drive more users to Solana
Potential boost in DeFi activity as investors seek yield opportunities
Greater demand for Solana-based Bitcoin wrapping solutions
Our analysis suggests a possible 20-30% increase in Solana’s TVL in the months following the halving.
🪂 Upcoming Airdrops and Launches
Airdrops:
- SolFlare wallet: $FLARE token distribution for long-term users
Mango Markets: Second phase of $MNGO retroactive airdrop
Launches:
SolYield: A new yield aggregator, launching next week
Solana Spaces: Virtual reality meetup platform built on Solana
📰 Extra News
Solana Foundation announces new developer grants focused on AI integration
Phantom wallet surpasses 10 million active users
Solana-based game "Star Atlas" releases major update with new gameplay features
Solana Ecosystem Call happening today at 1:00 PM UTC, featuring discussions with @kashdhanda on wins of the month, state of Solana, blinks, ZK compression, streaming payments, and the film fest.
💡 Tech Spotlight: Solana’s Compressed NFTs
Solana’s compressed NFTs continue to gain traction, offering benefits such as:
- Reduced storage costs
- Improved scalability for large NFT collections
- Enhanced efficiency for gaming and metaverse applications
Stay tuned for our in-depth analysis in tomorrow’s newsletter!
🚀 Ecosystem Metrics
SOL Price: $136.22
Total Value Locked (TVL): $3.56 billion USD
Daily Active Addresses: 882,651
Average Transaction Fee: $0.02275
That’s all for today’s Solana Daily Digest. Remember to stay informed and participate in the upcoming Jupiter vote
