Raydium surpasses $1B in TVL, The Solana Season Hackathon, Ecosystem Growth, Lisbon & Much More ☀️

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    Raydium surpasses $1B in TVL, The Solana Season Hackathon, Ecosystem Growth, Lisbon & Much More ☀️

    🛠 Announcing the Solana Season Hackathon with up to $1 million in prizes/seed funding
    💸 Stablecoin usage on Solana explodes with over $1B minted
    ⭐️ Star Atlas launches ReBirth, the first major NFT release on Solana
    🏈 Trevor Lawrence signs endorsement deal with Blockfolio to receive a signing bonus in SOL and other crypto assets
    🛰 Satellite.im announces inside release beta testing for their p2p messaging platform
    🛠 Pyth, a next-generation oracle solution designed to bring Hifi data to DeFi, announces launch plans
    🇵🇹 Save the date, something big is happening in Lisbon in November 
    👻 Phantom wallet continues to expand and launches open beta

    👋 The Solana Newsletter

    Welcome to The Solana Newsletter. Whether you have been subscribed for a while or are just joining us for the first time this month, we are glad to have you. This newsletter goes out each month recapping the exciting news that happened with Solana and the Solana ecosystem the previous month. Things are moving fast, and it's essential for us to keep our community as updated as possible. As of this writing, the Solana community has grown to over 3M people spanning every continent with over a dozen language-specific communities. 

    Many innovative things are happening in the Solana Ecosystem right now, so we tried our best to consolidate the past 30 days of activities here. Please forward this newsletter to anyone you think would be interested. Let's get started. 

    🛠 Announcing the Solana Season Hackathon with up to $1 million in prizes

    On April 28th, Solana officially announced the Solana Season Global Hackathon. This hackathon brings together developers, designers, and business operators from around the world moving the DeFi, Web3, and NFT ecosystems forward by leveraging Solana's speed, low fees, and scalability. With $1 million in prizes/seed funding and several regional tracks, this is Solana's largest hackathon yet. 

    You can learn more on the hackathon page and review project ideas and specific tracks in our Github

    💸 Stablecoin usage on Solana explodes with over $1B minted

    Stablecoin usage on Solana grew exponentially in April. As of this writing, there are 785,000,020 native USDC, 190,000,004 native USDT, 47,510,084 wrapped USDC, and 356,033,570 wrapped USDT on Solana. 

    ⭐️ Star Atlas launches ReBirth, the first major NFT release on Solana

    Star Atlas entered the next level of manifesting the future with the Blond:ish and Jason Silva meta-poster debut. Alongside Jason Silva, the storyteller, futurist, and keynote speaker, the artistic duo worked together to create Star Atlas' custom soundscape for the meta-poster series' debut NFT, "Discovery of Iris." 

    Silva is well known for hosting brilliant and thought-provoking National Geographic's BrainGames and his YouTube series, Shots of Awe, with over 100 million views. Through the transcendental artistic medium of the meta-poster, Atlassians can hear Silva's voice reverberating through the orbit of planet Iris, an echoing of the genesis moment into the future where all things are possible. Each poster is only available for a limited time and you can view the latest release here

    🏈 Trevor Lawrence signs endorsement deal with Blockfolio to receive signing bonus in SOL and other crypto

    First-round draft pick Trevor Lawrence signed a deal with Blockfolio to receive his signing bonus in SOL, BTC, and ETH. This is the first endorsement deal of its kind, in which a significant amount of the signing bonus is paid in cryptocurrency. 

    🛰 Satellite.im announces inside release beta testing for their p2p messaging platform

    Take control of your data, stop big tech from profiting off of your data, and upgrade your new chat's quality across the board.

    Satellite is built with a mission that focuses on two major points, prioritizing security & privacy and doing so while providing a better than industry standard feature set. The Satellite.im Insiders Release is an early-access sneak peek at what the team is building. This release is expected to have bugs, and there will be features that are not yet included. That being said, it's an excellent way to try out the product as they build it and become early adopters.

    🛠 A next-generation oracle solution designed to bring Hifi data to DeFi, Pyth, announces launch plans

    Pyth is designed to bring real-world data on-chain on a sub-second timescale. Pyth Network is built by some of the largest names in CeFi and DeFi with the goal of providing the infrastructure for DeFi to support substantial growth. In the coming weeks, Pyth plans on releasing its beta version for public testing. 

    🇵🇹 Save the date, something big is happening in Lisbon in November 

    On April 20th, the Solana Foundation Twitter account tweeted out a simple message, 'Save The Date' with a link to the Solana website. All that is shown on the website is a location, Lisbon, and dates, November 5th - November 10th, 2021. What could this be? A new office location, crypto dodgeball tournament, who knows? To stay in the loop as things progress, make sure to add your email here.

    👻 Phantom wallet continues to expand and launches open beta

    In April, Phantom Wallet grew its wallet dominance within the Solana ecosystem with integrations into Bonfida, Raydium, Mango Markets, Star Atlas, and several other ecosystem projects. With a sleek UX, native NFT support, and cross-functionality with ERC-20 tokens, Phantom is quickly becoming a fan favorite within the Solana ecosystem. Be on the lookout for access codes released by the Phantom team and supporting projects!

    ☀️ Solana Ecosystem News 

    • Raydium Passes $1B In TVL.
    • ChorusOne is proposing to build a liquid staking pool solution for Solana to the LidoFinance.
    • OpenEra is thrilled to announce the development of an MMORPG inspired by the likes of RuneScape, running on Solana.
    • Nerve Finance is launching on Solana to further expand its mission of making DeFi products more accessible.
    • Mango Markets' new web app is released.
    • Sollet.io Released the Chrome Extension for a better user experience.
    • SolFarm launches the first efficient Solana yield aggregator. 
    • Torus launches Open Login on Solana. Logging into Solana dApps just got easier.
    • Hxro releases its lite paper outlining plans for full decentralization on Solana.
    • Hedgehog, a decentralized prediction markets platform, launches beta on Solana.
    • Step Finance is the front page of Solana.
    • Phantom wallet announces native NFT support.
    • Popsicle Finance a cross-chain yield enhancement platform adds support for Raydium.
    • Media Network is the first Raydium AcceleRaytor launch project.
    • Orca roadmap update.
    • Jet Protocol, a borrowing and lending protocol built on Solana is taking off.
    • Solana Reddit community grows with over 11k + members.
    As this mailing list continues to grow, it's important that Solana is bringing only the highest quality emails to your inbox. If you have any comments, questions, or suggestions, please respond to this email with your thoughts. We would love to hear from you!

    We also provide more frequent updates via Blockfolio Signal. Only holders of SOL can receive these direct updates.

    Lastly, follow us on our various social channels below to receive daily updates on what's going on in the Solana ecosystem.


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