Favourable Information for Solana: Nasdaq's Expansion Index ETF Application Accelerates, Ecosystem Development in Full Swing.

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The Solana ecosystem welcomes multiple favourable information

In the past week, the Solana blockchain ecosystem has seen several positive developments. Nasdaq submitted an 8-K form to the U.S. Securities and Exchange Commission (SEC), indicating plans to expand its cryptocurrency index benchmark from 5 to 9 types, including Solana's native token SOL. This move marks further integration of Solana into the traditional financial market, providing institutional investors with more avenues for participation.

The Solana ETF application has made significant progress. The SEC has requested that the Solana ETF issuers submit a revised S-1 form within a week, which is seen as a positive signal for the approval of the Solana spot ETF. The market expects approval as early as July. Some analysts have raised the probability of the Solana spot ETF approval from 70% to 90%, reflecting an optimistic attitude towards the regulatory outlook.

Another noteworthy development is that a Nasdaq-listed company announced a $5 billion equity financing limit, aimed at accelerating the accumulation of SOL. This move has been interpreted by the market as similar to the strategic investments of other companies, highlighting institutions' confidence in the long-term value of Solana.

In addition to the dual Favourable Information at the capital and policy levels, the construction of the Solana ecosystem is also continuously advancing. A new hybrid decentralized exchange has announced its launch on the Solana chain, which combines the liquidity of centralized exchanges with the transparency of decentralized finance, bringing innovation to on-chain asset liquidity.

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

Solana Weekly丨The probability of SOL spot ETF approval has surged to 90% again; SOL has been included in the Nasdaq index

DeFi Field

  • Marinade reports that its Select program has added 700,000 SOL in this round, becoming the preferred choice for institutional stakers.
  • Jupiter is fully integrated with Trends, providing instant token trading, AlphaScan filtering, and Launchpad screening features.
  • Kamino has launched $sACRED, which is the platform's first real-world asset lending market, allowing users to borrow $USDC and $USDG by collateralizing sACRED at an annual interest rate of 9%.
  • The Drift platform has launched a new dfdvSOL.
  • Jito has launched a new JitoSOL/SOL independent pool on Drift.
  • Meteora announces a collaboration with the subs.fun team to enhance its DBC experience.
  • JPool has launched a new direct staking interface, equipped with a detailed validator dashboard and real-time profit calculator.
  • Saros has achieved a total staking value milestone of 100 million USD.

Real World Assets (RWA) Field

  • Parcl Labs has launched a referral program that rewards users for sharing housing insights.
  • Usual proposed to use a token as the first collateral for ETH0 synthetic asset to earn ETH staking rewards.
  • A financial platform has announced that it now accepts mSOL as collateral for institutional loans.
  • Ondo Finance announced a collaboration with multiple parties to connect banking settlement infrastructure to Ondo Chain.

AI/DeFAI/AI Agency Field

  • Virtuals announces the introduction of AI agents to the Ethereum blockchain.
  • TARS AI has expanded institutional partnerships and gained global network access to facilitate $TAI growth.
  • Hey Anon released Build 1.5 version, featuring multiple new functionalities and user experience improvements.
  • Orbit completed a repurchase of approximately $250,000 $GRIFT, fulfilling its commitment to use the protocol income for repurchase.
  • The Hive has launched a new page that provides multiple features and analytics with no wallet access.

DePIN/Infrastructures

  • The Graph launched the Graph Token API Beta on Avalanche.
  • Roam launches a giveaway of 40,000 $ROAM, rewarding content creation and social participation.
  • Helium Mobile has launched a $5 per month children's plan.
  • Aethir launches a new community initiative called Aethir Tribe.
  • DIA announced that it will soon launch mainnet staking.
  • sns.sol launched a mini application on Warpcast.
  • Wormhole integrates Circle's CCTP V2 to enable native USDC cross-chain transfers.
  • Sonic SVM has launched an enhanced value accumulation mechanism for the $SONIC token.
  • NATIX Network announced the destruction of 43.7 million $NATIX in May.
  • DIA has deployed an oracle on the Base mainnet.

Gaming/NFT/Social Finance Field

  • Metaplex has launched a new command-line interface that simplifies token and NFT management.
  • A hardware wallet company has launched a new NFT experience on its Live platform.

Potential Projects

  • Chainstack now supports Unichain.
  • Spice AI collaborates with Databricks to expand data and AI capabilities.
  • Exponent collaborates with DeFi Dev Corp to make dfdvSOL available.
  • time.fun has launched the "Priority Notification" feature to enhance interaction between users and creators.
SOL-5.37%
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PanicSeller69vip
· 4h ago
first rise then trap a wave
View OriginalReply0
SmartMoneyWalletvip
· 07-31 07:36
The good show has just begun.
View OriginalReply0
ForkItAllvip
· 07-31 07:35
SOL is about to To da moon.
View OriginalReply0
NeverVoteOnDAOvip
· 07-31 07:21
SOL To da moon
View OriginalReply0
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