Lightspeed Newsletter

Solana Foundation’s Austin Federa wrote on X that “​​Most of the L2-ish things on Solana are better thought of as Network Extensions”

Odds for Friday night’s boxing matchup between Kain Warwick and David Hoffman were a subject of conversation at Permissionless

SOL’s price is up 606% from a year ago

Customers can pay merchants in USDC or USDP on Ethereum, Solana, and Polygon, while US-based merchants are paid in dollars

The app has just two tabs, one for making swaps and one for viewing your wallet balance

Kaito AI said Monday that memecoin mindshare is now at a yearly high

Lucid Ventures co-founder Meta said they don’t think Solana is “abnormal” in the VC world, where it’s “standard” for many projects to fail

Sygnum’s head of investment researchthinks Solana can pass Ethereum by drawing institutions for tokenization platforms and stablecoins

The forward-looking financial system is being championed by several contributors to India’s UPI digital money system

The stablecoin’s supply has declined about 50% in the last month, from $660 million to $320 million

On Solana so far, there are two main competitors: Jito and Solayer

However, the SEC’s argument might need a bit of retooling

Total economic value can be considered the income a blockchain makes — and Solana is far behind Ethereum on that count

The most recent social media go-round was ignited by news from Firedancer

The Ethereum DeFi giant formerly known as MakerDAO is weighing a deployment of its native tokens on Solana

The proposed amendment takes aim at Solana’s “compute budget” program, which was put in as a safeguard against computational waste

The conference just wrapped up, but a few questions are lingering

Solana’s second unique validator client, Firedancer, is widely said to be more performant than the Agave client

The Seeker is slated for a 2025 release

Despite some hiccups the last few months, its native token has traded essentially in tandem with SOL over the past few months

MagicBlock is using ephemeral rollups to develop a gaming engine that lets video games run fully onchain

Interoperability protocol Wormhole is handling the deployment by bridging World ID’s state roots from Ethereum to Solana

Plus, Solana had a bearish August, but SOL locked in DeFi

Cypherpunk Holdings has rebranded to Sol Strategies in a pivot to a Solana-first investment approach