Solana is an open-source, L1 decentralized blockchain that’s designed to be scalable, secure, & fast!
If you are interested in the Solana ecosystem, you might want to check out some of the exciting developments that happened last week. Sniper launched its own marketplace where you can buy and sell NFTs, while Beam and DePay announced their plans to integrate with Solana.
Learn more about Solana here or refer to the following twitter thread for more details:
Revolutionizing the speed & scalability of blockchain transactions ⚡️
Designed to handle high throughput & low fees with unparalleled efficiency 💸
Curious about the "Ethereum Killer" blockchain network? 🤔
Here's an in-depth look at @solana 🧵 pic.twitter.com/p6Ne7ntfsy
— For Web3 (@forweb3media) April 16, 2023
Here is everything that happened under the Solana Ecosystem over the week starting June 24 and ending July 1.
🪙 deBridge goes live on Solana, facilitating liquidity transfers between Solana and EVMs
deBridge, a game-changing interoperability layer for Web3, has made a splash on Solana Blockchain, as announced on Twitter on June 29.
This breakthrough will unlock seamless interoperability and smoother transfers between Solana and EVM blockchains, empowering protocols on both ecosystems to interact through smart contracts.
1/ After 1+ year of development, deBridge is live on @solana, bringing seamless interoperability and liquidity transfers between Solana and EVM blockchains.
The opportunity with Solana changes today🧵 pic.twitter.com/wR6M8eN1XI
— deBridge (@deBridgeFinance) June 29, 2023
This means that Solana developers can now create money legos across multiple chains without forking and using their native dev language.
They can also easily send messages to any smart contracts on EVM chains.
This solves a significant hurdle for Solana developers, who can now enjoy the benefits of building on a fast, scalable and low-cost blockchain while accessing the rich diversity of protocols on EVM chains.
deBridge is paving the way for a more connected and interoperable Web3.
📈 Fordefi’s native wallet now supports Solana.
Fordefi, an institutional MPC wallet for defi, has announced on Twitter on June 28 that it has added secure support for Solana to its native wallet.
✨Fordefi MPC Wallet Empowers Institutions with Native Solana DeFi Support ✨
We're thrilled to officially share that #Fordefi's native wallet now securely supports @Solana dApps and protocols!
🧵 1/7
for more, find our full press release -> https://t.co/a6MxWE1tye pic.twitter.com/c2bx13Umff
— FORDEFI (@FordefiHQ) June 28, 2023
This is a big win for Solana users, who can now access a native browser extension, a self-serve policy management and Solana Defi developer APIs.
These features will enable them to interact with Solana’s fast, scalable and low-cost blockchain and its growing ecosystem of defi protocols.
Fordefi is bringing institutional-grade security and convenience to Solana users.
🔀Jupiter Exchange now supports Solana’s new Token2022
Jupiter, a defi exchange, was thrilled to announce that it now supports Solana’s Token2022, a new token standard that offers more features and flexibility than the standard SPL Token Library.
1/ To help drive the evolution of the Solana ecosystem, we are happy to share that Token2022 is now officially supported on https://t.co/TCZWw6zKfJ! @FluxbeamDEX has been integrated into our routing and tokens like $BERN & $MOON can now be seamlessly traded with all the other… pic.twitter.com/oIOpdGFluP
— Jupiter 🪐 (@JupiterExchange) June 29, 2023
Token2022 allows users to create tokens that can charge transfer fees, accrue interest, restrict transfers, and ensure immutability.
But what does this mean?
It means that you can trade any tokens in the Solana ecosystem with ease and efficiency, including the explosive $BOOM and $MOON tokens.
Jupiter is proud to be part of Solana’s evolution as a blockchain and to bring the best trading experience possible to its users.
📲 Deutsche Telekom adds Solana powered Helium network to its IoT platform
Helium Network, a wireless infrastructure powered by Solana, has revealed on Twitter on June 28 that it has joined Deutsche Telekom’s IoT platform.
The Helium Network is now available on @DT_IoT’s Creators Platform, bringing us one step closer to our mission of helping developers & users build new products on Helium.
Check out the news in @FierceWireless to learn more 📷https://t.co/k9mXrJPwiU pic.twitter.com/rlfApx3Hev
— Helium🎈 (@helium) June 28, 2023
This is a huge milestone for Solana supporters and Helium users, as this will bring Helium Network closer to its mission of enabling developers and users to create new products.
Solana Ecosystem had a busy and exciting week as Solana continued to expand its reach and influence with new integrations and partnerships. Solana based products also made waves in the market with their innovative features and solutions.
Don’t forget to check out the latest developments and announcements from Solana Ecosystem next week!