This weekly recap on Solana Eco is for informational purposes, not investment advice.Solana continues to organize and expand hackathons. Take a look at some of the updates from the last week.
Network Growth
Daily Transactions
Daily transaction on Solana Blockchain is at a current level of 3.86M transactions on April 10, 2022. Down 14% since last week( 4.46M transactions), Reached the highest of 4.92M on April 8, 2022
Active addresses
Solana’s Daily Active Wallets improved slightly(+6%) from 39K Active Wallets last week. The growth rate is negligible, continues to grow from Week after week
Total Value Locked
Total Value Locked Solana decreased (-20%)from $8.2B to $6.58B. Ranked #5 behind Avax. TVL sectors in Solana all dropped sharply by about 20% compared to last week. Marinade Finance reached $713M, down -24.6% from last week. This is affected by the bear market
Highlight Events
Solana Beta Is Now Available On OpenSea
More Information at Click Here
Hawksight will launch on AcceleRaytor On April 20th
Hawksight helps users make smarter investment decisions using their AI-driven trading signals, social signals, DeFi-NFTs, and GameFi utilities.
More Information at Click Here
STEPN x ASICS NFTs
STEPN joins forces with the major sports brand ASICS to release the very first limited edition of STEPN Sneakers. There are four Sneaker types, each designed to suit a different exercise intensity and fitness level. Users equipped with these NFT Sneakers in STEPN mobile app can move and earn tokens and NFT rewards. Key features of this limited NFT Sneaker collection:
- Only 2000 total supply
- STEPN x ASICS unique design – Common & Uncommon qualities
Activity Period: 2022-04-14 12:00 (UTC) to 2022-04-21 12:00 (UTC)
Snapshot Date: 2022-04-21
The Top 30 users ranked by transaction volume on Binance NFT marketplace during the activity period will share a prize pool of 3,000 GMT token voucher
Reward calculation for Promotion:
The reward for each qualified user = (Each qualified user’s total effective NFT trading volume / All qualified users’ total effective NFT trading volume) * 3,000 GMT tokens
More Information at Click Here
Spotlight Projects
Strata Protocol
Strata Protocol has raised $1.5 million in a series seed round led by Multicoin Capital to develop no-code tools for permissionless token issuance and management.
More Information at Click Here
Campus Legends
Campus Legends has announced a new investment from Solana Ventures that will serve as a bridge between a booming college sports scene and crypto.
More Information at Click Here
Yawww
Yawww allows NFT aficionados to negotiate, create deals, and trade with peers through Solana’s first fully automated on-chain escrow service. Yawww combines a P2P trading service with P2P collateralized lending, a negotiable listings marketplace, NFT staking, and a platform rewards system.
The native token, YAW, will be used to cover transaction fees, unlock premium features, and facilitate the platform economy. The token is backed by platform revenue and secured by the Yawww Treasury and Reserve.
More Information at Click Here
Find more information about: Solana
Website: https://solana.com/
Whitepaper: https://solana.com/solana-whitepaper.pdf
Twitter: https://twitter.com/solana
Telegram: https://t.me/solana
If you have any questions, comments, suggestions, or ideas about the project, please email [email protected].
DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.
Issac
Coincu Ventures
