1/ There are prizes for each of the four IGNITION tracks — Web3, DeFi, Gaming, Arts & Collectables — but did you know that there are also several company prizes? solana.com/ignition
Welcome @global_dollar’s USDG, now live on Solana — joining one of the fastest growing networks for stablecoins, with 120% MoM growth.
The future of 24/7 programmable money with near-instant settlement is on Solana 🧵
Paxos now issues USDG on Solana.
The Global Dollar Network — led by Anchorage Digital, Bullish, Galaxy, Kraken, Nuvei, Robinhood & Paxos — aims to accelerate stablecoin adoption by rewarding businesses & users with up to 100% of USDG reserve yield.
USDG is compliant with MAS’s upcoming stablecoin framework and is issued on Solana using token extensions.
Token extensions give institutions the ability to issue stablecoins and real-world assets with compliance features on a public network.
The next billion dollar companies are being built on Solana.
It’s time to go founder mode — here are the resources you need to grow your crypto startup from 0 to 100 🧵
Global online Solana hackathons by @colosseum are the #1 source for talent discovery in crypto, with past winners going on to raise $650 million in funding.
1,300 teams in 150 countries participated in the last hackathon — the largest in crypto.
Technically strong but need to scale your GTM and business ops?
The @heliuslabs Startup Launchpad and @0xMert_'s bald head has got you covered.
Accelerate growth with 8 months of Helius infra, mentorship from Solana veterans, and access to battle-tested investors.
Breaking News: Electric Capital’s Developer Report shows Solana as the #1 ecosystem for new developers in 2024!
This marks the first time any ecosystem has surpassed Ethereum for new devs since 2016 — 7,625 new devs built on Solana this year.
Let’s dive into some highlights 🧵
Electric Capital’s annual report takes a look at developer growth in the crypto industry, measured by the number of open source repositories.
Overall, Solana was the fastest-growing large (2000+ developer) ecosystem by monthly active developers, with 83% growth YoY.
In July 2024, Solana surpassed Ethereum to become the number 1 ecosystem for new developers — a major feat only possible from the hard work of the Solana community.
This is the first time an ecosystem has surpassed Ethereum for new devs since 2016.
Breaking news: Sky Protocol’s USDS stablecoin is now live on Solana — bringing crypto’s third largest stablecoin to Solana’s growing DeFi ecosystem, powered by Wormhole 🧵
Sky (formerly MakerDAO) now issues their USDS stablecoin on Solana as an SPL token.
USDS was previously issued as DAI. Over $4.7 billion USDS and DAI have already been issued across other blockchains as of Nov. 15th, according to @artemis_xyz.
USDS joins USDt (@Tether_to), USDC (@Circle), PYUSD (@PayPal), and USDP (@Paxos) amongst others on Solana — contributing to $3.8 billion in stablecoins issued on the network as of Nov. 1st.
On day one, USDS will have strong support throughout the Solana ecosystem, including from @JupiterExchange, @MeteoraAG, @orca_so, @DriftProtocol, @KaminoFinance, @jito_sol, @Phantom, @solflare_wallet, @save_finance, @ChronicleLabs, and @PythNetwork.