Turning consumer and stablecoin data into content for @Solana | @GLHFers @madlads @abstractchain

Joined September 2024
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BREAKING: @Solana just flipped @Ethereum. In February, Solana processed a record $659B in adjusted USD-based stablecoin volume It was the highest monthly total in its history And for the first time, Solana became the largest chain for organic USD-based stablecoin volumes USD-based stablecoin capital is choosing Solana Source: @AlliumLabs @Visa
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For the past three weeks, @jup_predict has consistently processed around $1.5M in weekly prediction market volume on @solana
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.@solana has been named to 2026 @FortuneMagazine Crypto 100 LFG
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Where did @CantonNetwork subnets succeed in that @avax subnets did not succeed in?
a16z crypto leads $355 million raise for Canton developer Digital Asset theblock.co/post/404386/a16z…
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If @Morpho raised $157M, how much do you think @kamino can raise?
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.@JupiterExchange processed over $5.1M in prediction market volume through solana:JuprjznTrTSp2UFa3ZBUFgwdAmtZCq4MQCwysN55USD in May, reaching a new monthly ATH Volume grew 23% MoM, marking the fourth consecutive month of growth and highlighting increasing adoption of JupUSD across prediction markets on @solana
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Surf Query retweeted
The $10B TCG market just gained access to onchain credit. First Edition Charizards are held like treasury assets. A Pikachu Illustrator sold for over $16M. These aren't just cards, they never were, but here's the part nobody solved, until now. Turn your cards into money, without selling them👇
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Solana led @USDC activity in May, accounting for 31.3% of all USDC transactions, ahead of Polygon (29.0%) and Base (13.0%) In total, over 97.5M USDC transactions were processed on @Solana during the month The milestone reinforces Solana's position as a leading settlement layer for USDC activity and one of the most actively used stablecoin networks today
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Surf Query retweeted
here’s how @JupiterExchange enables defi around rwa & collectibles economy: this week Jupiter launched @jup_offerbook , a P2P lending market for any onchain asset (stocks, trading cards & memes). traditional lending protocols require deep liquidity but this limits the assets that can be used for credit. still, there’s demand: - global digital collectibles and trading card market is valued at over $20 billion - tokenized equities hover between $1B and $1.2B market size, surged by over 2,900% in recent years. the market is catching up: - @Loopscale is launching @Collector_Crypt vault - defi ecosystem around stocks is growing: e.g. protocols like @SpoutFi offerbook is essentially a way to ensure any type of asset works for you instead of selling it, even if it might be too niche for traditional lending markets. while we see a lot of offers for memes, rwa and collectibles are still at the center of it. in 2 days after the launch i’ve seen offers on Tesla & Nvidia stocks, tokenized Gold, Huma’s PST and onRE. how it works: for lenders, Offerbook enables fixed-rate lending, at scale. you can fulfill any existing borrow offer or create your own lending offer for the assets you choose. for borrowers, you can get USDC by locking your pokemon cards, stocks, or other tokens with no liquidation and use them in defi.
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Surf Query retweeted
Here are the Q2 Solana trends that matter most to me - New perps venues had their first real volume / OI breakout - Institutional capital continued to deploy on Solana - Solana’s AI stack started to take shape - Institutional stablecoin activity continued expanding - Collectibles platforms hit new revenue highs - IRL Solana communities grew stronger in key markets - New developer activity hit all time highs - M&A activity picked up across the ecosystem - Core Solana programs became more efficient Mind blowing that we’re only 2/3 of the way through the quarter Very good time to be paying attention ahead of Q3 aka Solana Summer 👀
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Last week, @solana processed a record $524.6M in peer-to-peer retail stablecoin payments ($100 to $1K) across $USDC, $USDT, solana:2u1tszSeqZ3qBWF3uNGPFc8TzMk2tdiwknnRMWGWjGWH , and solana:2b1kV6DkPAnxd5ixfnxCpjxmKwqjjaYmCZfHsFu24GXo A new weekly ATH for stablecoin commerce on @Solana
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$NEAR token liquidity is rapidly shifting to @Solana Over 75% of NEAR token DEX volume now occurs on Solana, where trading activity is running roughly 3x higher than Ethereum Just last week alone: • Solana: $7M in $NEAR DEX volume • Ethereum: $2.2M in $NEAR DEX volume On top of that, Solana processed over 4x more $NEAR trades than Ethereum, reinforcing its position as the primary liquidity and execution layer for NEAR traders Capital moves fast on Solana. Source: @AlliumLabs
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Surf Query retweeted
Ethena's TVL on @Solana has crossed $570m. Up from $50m thirty days ago. The growth on Solana now makes it @Ethena's second-largest chain outside of Ethereum. Source: @DefiLlama
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Surf Query retweeted
That's really cool! Here's how you can make it even better. With Jupiter Wallet, you can trade instantly on Twitter, Google, Yahoo Finance, ChatGPT, Claude AND Gemini. Just click and trade without navigating away! Just use Jup!
MoonPay is now live in ChatGPT’s App Store! we are officially the first and only crypto onramp integrated in ChatGPT 1️⃣ search “MoonPay” in Apps 2️⃣ connect 3️⃣ buy any token naturally we tested it out with Apple Pay and some @solana
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.@Solana is seeing explosive @USDC adoption With days still left in May, the network has already recorded a new ATH of 4.28M active @USDC senders for the month More users are moving dollars onchain through @circle and @Solana than ever before
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.@Solana’s peer-to-peer economy continues to accelerate, with consistently elevated transfer volumes alongside rising transaction activity Last week, Solana processed 2.72M peer-to-peer stablecoin transfers ($USDC, $USDT, $USDG and $PYUSD), marking its fourth consecutive week of growth in P2P activity Money moves fast on Solana Source: @Dune
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Massive growth for @Kamino’s stablecoin vaults solana:2u1tszSeqZ3qBWF3uNGPFc8TzMk2tdiwknnRMWGWjGWH on @Solana exploded to become Kamino’s largest stablecoin vault, injecting $258M in new TVL and pushing its total stablecoin vault balances up 77% in just 7 days to $567M A clear reversal after two months of slight decline
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Solana’s stablecoin economy just had one of its biggest weeks ever: 1) Rolling 30D active stablecoin wallets reached a new ATH of 6.06M wallets 2) @Tether supply on Solana hit a new ATH of $3.75B 3) Retail peer-to-peer stablecoin payments ($100 to $1K) on Solana reached a new ATH of $521M in weekly volume alongside a record 981K transactions
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Surf Query retweeted
Been talking to a lot of you about how to make Jupiter Wallet even better. You gave feedback, we built it. Here are 4 massive upgrades we just rolled out to level up your experience: 👇
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