Solana Ecosystem Biweekly Digest #25
Hello and welcome to the latest edition of the Solana Ecosystem Biweekly Digest! In this issue, we explore the remarkable progress made by the Solana community over the past two weeks. Stay informed about recent milestones, including new releases and collaborative projects. Join us as we dive into the key developments shaping the future of the Solana Ecosystem.
Phantom Introduces Liquid Staking with Jito
Liquid staking benefits the SOL ecosystem by maximizing rewards, offering flexibility for DeFi participation, and enhancing network security. To promote these advantages, Phantom has partnered with Jito, a leading Solana liquid staking platform. Users can easily convert their staked SOL to JitoSOL directly within Phantom, unlocking higher rewards and liquidity. This collaboration aims to boost liquid staking adoption and strengthen the Solana network. Read more about it in this article.
Paypal PYUSD Launches on Solana
PayPal’s stablecoin, PYUSD, is now available on the Solana blockchain, following its initial launch on Ethereum. This move aims to enhance utility by leveraging Solana’s cost-effectiveness and high throughput. PYUSD’s integration on Solana introduces features like confidential transfers, transfer hooks, and memo fields, making it more suitable for daily commerce and payments. This expansion is a strategic step towards mass adoption and seamless integration of PYUSD into everyday transactions. Read more about it in this article.
Entangle Expands Omnichain Support with Solana Integration
Entangle has launched the NGL-Solana Bridge and integrated Solana with Photon Messaging, enhancing its omnichain capabilities. This integration enables seamless asset and message flow across diverse ecosystems, connecting Solana’s non-EVM platform with EVM blockchains like Mantle, BASE, and BNB Chain. It facilitates omnichain gaming, unified liquidity pools, cross-chain DAO voting, and more, marking a significant step toward a cohesive, interconnected Web3 ecosystem. Read more about it in this article.
Jupiter Unveils Giant Unified Market Initiative on Solana
Jupiter’s Giant Unified Market (GUM) initiative on Solana aims to transform asset trading by consolidating various assets into a single market. This project democratizes financial access, enabling seamless transactions of memecoins, real-world assets, stocks, and forex on Solana. Supported by industry leaders, GUM focuses on diversifying assets, fostering liquidity, and enhancing global market accessibility. Read more about it in this X thread.
DeCalls Launches on Eclipse
DeCalls, known for its gamified price prediction platform, is launching on Eclipse. This move enhances Eclipse’s DeFi ecosystem and simplifies integrating Solana programs with Ethereum, boosting user experience. DeCalls’ flagship game, Moon or Doom, allows users to predict asset price movements within minutes and earn rewards. The expansion aims to offer more prediction options, leveraging Eclipse’s technology for seamless performance. Read more about it in this article.
In Summary, Phantom and Jito introduce liquid staking, PayPal integrates PYUSD, Entangle expands omnichain, Jupiter democratizes asset trading, and DeCalls joins Eclipse. These advancements signify Solana’s evolving ecosystem and commitment to blockchain innovation.
About SolanaPrime:
SolanaPrime is a Solana-powered, fully decentralized IDO launchpad platform. It serves as the primary market gateway for the next generation of DeFi, GameFi, and Metaverse dApps to launch on the Solana ecosystem, either as direct token participation in the IDO or indirect exposure to SolanaPrime in its entirety.
Follow SolanaPrime’s social media channels to be at the forefront of the Solanaverse:
Telegram Official Community — https://t.me/SolanaPrimeOfficial
Telegram Announcements — https://t.me/SolanaPrimeAnnouncement
Discord — https://discord.gg/pAMHcwh6MX
Medium — https://medium.com/solanaprime
Twitter — https://twitter.com/solana_prime
LinkedIn — https://www.linkedin.com/company/solanaprime
