This weekly recap on Solana Eco is for informational purposes, not investment advice. There Are Many Outstanding Projects since last 7 days. Take a look at some of the updates from the last week.
Network Growth
Daily Transactions
Daily transactions on Solana Blockchain at current level of 4.88 million transactions as of May 15, 2022. A slight decrease since last week. Reached a peak of 5.59 million on May 11, 2022 and a low of 4.62 million on May 15, 2022. The crypto market continues to plummet, with no new money flowing into the market. Solana ecosystem is in a state of saturation
Active Addresses
Solana’s Daily Active Wallets growth since last week from 1,185.11K to 1,292.31 on May 22, 2022. Lowest on May 16, 2022 with 1,185.11K Active Wallets. This indicator is a little bit higher than it was the previous week.
Total Value Locked
Total Value Locked Solana slight decrease since last week, from $4.37B to $4.25B. In general, in the last three consecutive weeks, TVL Solana dropped very abruptly. Almost no new money flows into the Solana ecosystem.
Highlight Events
AthensDAO HackerHouseX | 22-28 May, 2022
AthensDAO HackerHouseX is a six-day event with in-person guidance from core Solana Labs engineers, DAO thought leaders, as well as mentorship from the top builders of the ecosystem. Read more
Atrix Partners with Ratio Finance to grow USDr Liquidity on Serum
Atrix Finance and Ratio Finance are collaborating to boost Ratio-USD (USDr) liquidity on Solana’s foremost decentralized exchange, Serum. The collaboration will also extend the utility of Ratio Finance’s USDr token, enabling users to earn Serum (SRM) tokens by staking USDr/USDC liquidity pool (LP) tokens in a vault on Atrix Finance. Read more
Solice Launches Closed Beta and NFT Marketplace
Solice—a cross-platform metaverse built on Solana—launched its closed beta, allowing community members to take their first steps inside the 3D world. Read more
Staking for Genopets Arrives to Solana MovetoEarn
Solana MovetoEarn blockchain gaming project, Genopets, announced the arrival of their $GENE staking program.
Genopets released the details of their $GENE staking program through a Twitter thread released on May 19. The team confirmed that a total of 4,000,000 $GENE tokens have been set aside as staking rewards for those participating in the program. Read more
DarleyGo Off to the Races on Solana
DarleyGo is set to launch on Solana as the world’s first myth-based Non-Fungible Token(NFT) horseracing game.
The DarleyGo Game first gained attention after winning the community choice award at the Solana Ignition Hackathon last October. The whitepaper states that the game will allow players to train, race, breed, and collect NFT horses. DarleyGo horses are unique and have their own characteristics and abilities. Read more
Solanium announced that their swap feature is now live
Solanium Platform is a decentralized platform on the Solana blockchain. The platform will introduce decentralized fundraising, time-weighted token staking and governance voting to the Solana ecosystem.
Parcl | Testnet 2.0 is LIVE!
Parcl is a seed-funded synthetic asset protocol that is on a mission to deliver real estate to everyone. The protocol allows for the creation of “Parcls” – smart contracts that are representative of the average price per square foot of real estate in a given geographical area.
Through Parcl, users can trade their favorite neighborhoods just like they would trade Bitcoin, Ethereum, or other crypto assets. By creating a derivative platform for individuals (or institutions) to execute peer-to-contract trades, Parcl makes real estate investing faster, cheaper, and more liquid than ever before.
Spotlight Projects
TOP 5 Solana Gainers & Losers Last 7 Days
Castle Finance
Castle Finance raises $1.2m pre-seed round to build risk-managed DeFi solutions for DAOs, pre-seed round includes participation from Nascent, Solana Ventures, Shima Capital, Rainfall Ventures, MDSV…
Parcl
Parcl, the blockchain-based real estate investment platform built on Solana, raised $7.5 million in a strategic funding round with venture capital firms including Fifth Wall, JAWS, IA Capital, Eberg Capital.
Parcl is a blockchain-based real estate platform that allows users to invest in a digital square foot of physical real estate in the most lucrative neighborhoods around the U.S.The Parcl Data Feed tracks the price per square foot of neighborhoods across the U.S. This data feeds into a smart contract, allowing you to invest in the underlying price movement of each real estate market.
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
