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Home Crypto Recap

Solana Weekly Recap | April 04 – April 10, 2022

April 22, 2022
in Crypto Recap, DeFi
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ZenGo Rolls Out EIP-6384 Solution To Tackle Offline Signature Exploits

2022 Crypto Market Recap Pt. 2: Market Environment Analysis

solana

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 Transactions solana
image 303

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

daily active wallets solana
Solana Weekly Recap | April 04 – April 10, 2022 8
image 304
Solana Weekly Recap | April 04 – April 10, 2022 9

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

image 158
Solana Weekly Recap | April 04 – April 10, 2022 10
image 47

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

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Tags: campus legendsOpenSearecap weeklySolanaStepNstrata protocolyawww
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Contents

  • Network Growth
    • Daily Transactions
    • Active addresses
    • Total Value Locked
  • Highlight Events
    • Solana Beta Is Now Available On OpenSea
    • Hawksight will launch on AcceleRaytor On April 20th
    • STEPN x ASICS NFTs
    • Spotlight Projects
    • Strata Protocol
    • Campus Legends
    • Yawww
  • Solana DeFi Everlend Finance Terminates Its App Due To Lack Of Money

    Solana DeFi Everlend Finance Terminates Its App Due To Lack Of Money

    138 shares
    Share 55 Tweet 35
  • Stronghold Digital Mining Posts Prospectus For Share Sale While It Works To Conserve Money

    118 shares
    Share 47 Tweet 30
  • Terra Classic Adopts New Proposal To “Re-Peg USTC With LUNC,” USTC Soars 30%

    110 shares
    Share 44 Tweet 28
  • Kraken Office In Abu Dhabi Is Now Closed, Affecting 8 Roles

    110 shares
    Share 44 Tweet 28
  • “Twitter Killer” Damus Reaches Top 10 Social Network Apps On App Store

    194 shares
    Share 78 Tweet 49
CFTC Chairman Strengthens Regulation Of Cryptocurrency Trading In 2023

CFTC Chairman Strengthens Regulation Of Cryptocurrency Trading In 2023

February 4, 2023
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New Exchange GTX Of 3AC Founders Completed The Fundraising Plan

February 4, 2023
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February 4, 2023
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February 3, 2023
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February 3, 2023
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February 3, 2023
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February 3, 2023
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