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.
Power grid infrastructure is outdated, energy demand is rising, and the need for a clean energy shift is urgent.
Renewables like solar are getting cheaper, but their distributed nature challenges the existing grid, which is built for centralized energy production.
Crypto can help by incentivizing renewable energy build-out, altering consumer behavior, coordinating across distributed energy sources, supporting P2P energy trading, and providing an open data layer. 🧵
Fuse is a full-stack Web2 renewable energy business that is now building @projectzero2050, a decentralized renewable energy network powered by Solana.
With $12M in recent funding led by @multicoincap, Project Zero aims to use token incentives to drive the installation of distributed energy sources and shift consumption patterns. When energy costs rise, consumers are rewarded for using less, and vice versa—turning everyone into a mini energy trader.
Learn more about @FuseEnergyHQ and Project Zero from its Breakpoint announcement:
Powerledger offers a platform for tracking, tracing, and trading renewable energy — and reported that a P2P solar energy trading pilot with Uttar Pradesh saw prices drop 43% below retail tariffs and spurred legislative changes.
It’s migrating from its own SVM fork to Solana mainnet. Hear from @PowerLedger_io at Breakpoint: