Solana Ecosystem Weekly Report: Multiple Favourable Information Boosts Development

In the past week, the Solana blockchain ecosystem has welcomed several favourable developments. Nasdaq has expanded its cryptocurrency index benchmark to include new digital assets such as SOL, marking Solana's further integration into the traditional financial system and providing institutional investors with more avenues for participation.

At the same time, the Solana ETF has also made significant progress. Regulators have required relevant issuers to submit revised application documents in the short term, which is seen as a positive signal for the approval of the Solana spot ETF. Market analysts have significantly raised the probability of its approval, reflecting an optimistic outlook on the regulatory prospects.

In the capital market, a listed company announced that it has obtained a substantial financing quota and plans to accelerate the accumulation of SOL, which is interpreted as a demonstration of confidence in the long-term value of Solana.

In addition to these macro favourable information, specific projects within the Solana ecosystem are also continuously advancing. A new hybrid decentralized trading platform has announced its launch on the Solana chain, aiming to combine the liquidity of centralized exchanges with the transparency of decentralized finance to bring innovation to on-chain asset liquidity.

Here are the important updates from various sectors of the Solana ecosystem:

DeFi Field

• The Marinade Select report adds 700,000 SOL, becoming a favored choice for institutional stakers.
• Jupiter has completed full integration with Trends, providing instant token exchange and multiple other features.
• Kamino launched the first physical asset lending market $sACRED, supporting users to mortgage and borrow stablecoins.
• Drift and Jito have launched new token pools.
• JPool has launched a direct staking interface, equipped with detailed validator data and a real-time yield calculator.
• Saros has reached a milestone of 100 million USD in total staked value.

Physical Assets ( RWA ) Field

• Parcl Labs launches a recommendation program to encourage users to share insights into the real estate market.
• Usual proposes to use wstETH as collateral for synthetic assets.
• Maple Finance has started accepting mSOL as collateral for institutional loans.
• Ondo Finance announced partnerships with multiple parties to connect traditional financial settlement infrastructure.

AI/DeFAI/AI Agents Field

• Virtuals announced the introduction of AI agents into the Ethereum ecosystem.
• TARS AI expands institutional partnerships to promote token growth.
• Hey Anon has released a new version, adding multiple features and improvements to user experience.
• Orbit has completed a large-scale token buyback, fulfilling its previous promise.
• The Hive launched a new interface, providing multiple data analysis features.

Infrastructure(DePIN/Infra) Field

• The Graph launches a new API on Avalanche.
• Roam launches community incentive program.
• Helium Mobile launches mobile package services for children.
• DIA announced that it will soon launch the mainnet staking feature.
• Wormhole integrates a new cross-chain transfer protocol.
• Sonic SVM improves the token value accumulation mechanism.

Gaming/NFT/Social Finance Field

• Metaplex has launched new development tools to simplify the creation and management process of NFTs.
• Ledger has integrated NFT trading functionality into its platform.

Potential Projects

• Chainstack expands support for new blockchains.
• Spice AI partners with data analytics giants to expand AI capabilities.
• Exponent has partnered with DeFi Dev Corp to increase support for new tokens.
• time.fun has launched a Favourable Information feature to enhance user interaction experience.

The content of this article is for reference only and does not constitute any investment advice. Readers should exercise caution and independent judgment when making any related decisions.