Mastercard introduced always-on stablecoin settlement on Solana, Backpack announced a tokenized brokerage, and $716M of RWA capital flowed in last month, more than any other network. While the market looked one way, the institutions and builders kept shipping. Here’s everything that happened: 📰 Headline News - @Mastercard introduced always-on stablecoin settlement on Solana - @Backpack announced Backpack Securities, merging traditional brokerage with Solana-native tokenization - @SolanaFndn launched native Subscriptions and Allowances for delegated spending and recurring billing 📰 Launches - @moonpay introduced the MoonAgents Desktop App, connecting ChatGPT or Claude so AI agents can pay onchain - @sunrisedefi, @MeteoraAG and @BedrockFndn teamed to launch Dynamic Assets - @SolanaFndn announced dedicated support for teams building fully onchain perpetuals and supporting infrastructure - @bulktrade activated Season 1 with pre-deposits now open - @ORE deployed a quantum-safe smart wallet to secure ORE holder and staking assets from quantum threats - @craftsdev introduced equity-linked tokens, enabling onchain exposure to real company outcomes - @useDecal debuted Decal Treasury, featuring automated yield engine that funds integrated corporate loyalty programs - @axelar went live on Solana to enable cross-chain messaging and programmable asset transfers - @PhoenixTrade launched mobile trading and cross-chain deposits - @raikucom activated rkuSOL, an LST that routes three distinct streams of AOT and JIT auction revenue back to stakers - @JupiterExchange rolled out TCG credit features on Jupiter Offerbook, utilizing @phygitals and @Collector_Crypt - @moonshot released Moonshot Packs, bringing physical trading card experience onchain - @packs_supply launched a collectibles SOV that rewards stakers with physical packs - @Paytrie expanded the Canadian dollar stablecoin to Solana - @strongholdpay expanded its SHx token network to Solana via @axelar - @paj_cash debuted v2 of its payment platform, enabling account-based Web3 off-ramps - @lava_xyz released Lava Card, a zero-annual-fee Visa debit card - @Dyadnum launched a WhatsApp-native trade engine to streamline cross-chain asset routing - @UmbraPrivacy launched its privacy-focused web interface - @zodial_xyz shipped a portfolio-margin lending protocol - @Certora formally verified Solana’s P-token upgrade - @MonkeFoundry opened Cohort 2 applications, closing June 12 - @BitRobotNetwork announced applications for its robotics laboratory program - @jaileddotfun launched Jailed, an onchain prison simulator game deployed on Solana - @gachasports shipped a sports-led gacha platform - @predikt_gg announced bringing cross-market access and leverage to @solana prediction market users - @rektdrinks released SOL Berry, a Solana-themed sparkling water 📰 Milestones - @solana led onchain collectibles markets with ~60% of total volume - @Raydium crossed $2B in cumulative trading volume for tokenized equities - Solana recorded the largest RWAs net capital inflow across chains in May crossing $716M - @KASTxyz won Best Digital Assets Fintech at BeInCrypto Institutional 100 Awards - @kamino's xStocks market surpassed $30M in total market size - @solanamobile crossed 1K live apps on the dApp Store - @helium_mobile, the consumer carrier built on Helium's Solana-based network, was acquired by Andrew Yang's @joinnoblemobil If you enjoyed this week’s newsletter, please share it with an RT.

The chain list keeps growing. Great to have @strongholdpay bringing payments infrastructure to Solana from day one. 🤝

Solana is now live on Axelar Mainnet. The integration enables cross-chain messaging and asset transfers between @Solana and Axelar-supported ecosystems. Read more: axelar.network/blog/axelar-s…

The wait is almost over, @solana will soon be live on Axelar.

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You asked. We bridged. SHx is expanding into the XRPL ecosystem. Through our new bridge via @squidrouter and @axelar, SHx can now move across chains into an ecosystem built for regulated, enterprise-grade participation. This is a step toward more accessible, compliant liquidity. Bridge here: sghd.co/SHxRPL #SHxRPL #SHx #Ripple