No red candles can deter the willpower of thousands of Solana builders determined to ship their way to PMF. 🚢
This week, the mines were buzzing, blocks were auctioned, and innovation was everywhere, from collectibles to privacy and agentic payments.
Here's everything we remember:
📰 Headline News
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@OREsupply hit a $300m annual revenue run rate two weeks after launch
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@harmonic_gg unveiled an open marketplace for block building
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@hush_wallet launched a privacy-focused wallet
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@Sorare began its migration to Solana
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@Alchemy rebuilt its Solana developer product
- The Solana x402 Hackathon prize pool grew to $135k, submissions close November 11
- Solana Template Marketplace is live with production-ready starter kits
📰 Launches
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@dripshop_live debuted instant packs on Solana to its 2 million collectors
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@vanishTrade opened its public beta for private trading
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@LaunchOnSoar created a new ICM platform
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@Byreal_io now routes native swaps via
@DFlowProtocol
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@Bitso enabled support for USDT on Solana
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@cycol_gallery built an IRL gallery for Solana art
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@Solmate launched the UAE's first bare metal validator
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@defidevcorp hosted a Solana investor day
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@Loopscale launched lending markets for
@Raydium LP positions
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@sharedotxyz shipped a mobile app for social trading
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@spotsdotfun created a map-based launchpad & game
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@Grayscale popped up with Solana in NYC
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@MetaMask enabled Solana support for its card
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@xFractalDotFun released a trading terminal
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@HoudiniSwap added support for Solana
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@rotkiapp integrated Solana in its portfolio management tool
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@SolanaStudentAf announced a 5-week Nigeria tour to onboard student devs
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@cleopetrafun unveiled its LP terminal
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@candylabs_gg created a digital collectibles platform
📰 Milestones
- Solana ETFs pulled in $136.6M in weekly inflows, while BTC & ETH ETFs saw net outflows
- RWAs on Solana breach $800M+ in total value for a new ATH
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@humidifi crossed 10B+ in weekly volume
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@helium reached 500k holders
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@ManifestTrade flew past $1B in total volume
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@BlackRock's BUIDL (on Solana) crossed $250M TVL
- fomo raised $17M
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@encifherio hit $2m in private swap volume
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@zenrock's
$zenZEC did $10m in volume in their launch week
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@GEODNET_ grew 216% year-over-year
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@DeFiCarrot announced users received 10% APY in aggregate for 12 months
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@perena minted $20m in stablecoins
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@bulktrade's validator reached 200k SOL staked
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@keel_fi distributed $100k in USDS rewards in a week
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@DabbaNetwork deployed 28K hotspots total
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@DFlowProtocol posted a $1.85 billion single-day volume record
What news did we miss? Drop it in the replies.
(This week's newsletter art created by
@yg4h_)