🤫 Paypal Comes to Solana

Solana enables not only transaction speed but also confidentiality

Author

Richard Patey
June 01, 2024

Together with

This week’s issue is brought to you by SolanaHub, who have their own liquid staking token on Sanctum called Hubbie (hubSOL).

Hold Hubbie to earn EXP within Sanctum Wonderland, plus a share of a weekly prize pool over at SolanaHub.

SNAPSHOT

Over the last 7 days:

$SOL Price: $167 (+2%)

NFT Volume: $23M (+5%)

Total Value Locked: $4.8B (+2%)

Liquid Staked: 24.2M SOL (+3%)

Stake LSTs vs Native: 6.6% (+1%)

hubSOL staked: 61K SOL (+1%)

TOP STORIES

  1. Ripple’s CEO states it’s only a matter of time for Solana ETF (Link)

  2. LayerZero is now live on Solana (Link)

  3. Metaplex introduces MPL-404, in partnership with Mutant Labs, building on the SPL-404 token standard (Link)

  4. Jupiter integrated deBridgeFinance bridging widget to their Solana tab (Link)

  5. Uprock’s $UPT is now live on Jupiter (Link)

  6. Uprock is the first project to use the Alpha Vault by Meteora, users to buy ahead of bots (Link)

  7. Around 7% of Bonk's total supply has been burned thus far (Link)

  8. Phantom wallet becomes the #1 free app on the Google Play store in the UK (Link)

  9. Solana proposal to allocate 100% of priority fees to validators passes (Link)

  10. Paypal's PYUSD goes live on Solana enabling “confidential transactions” (Link)

Disclaimer: Nothing in this email is financial advice and we are not professional investment advisers. These weekly updates on Solana news are informational and for entertainment purposes only. The information here could be out of date or completely wrong. Worse, protocols featured may get hacked or may rug you and you may lose everything you invest. As such we accept no liability of loss, you are responsible for your own research and due diligence.