CoinCircle Report:
Author: Tom Wan, 21Shares Analyst; Translation: xiaozou
Tokenization
/
Institutional Adoption:
1. Securitize plans to introduce Solana to its native BUIDL (BlackRock’s on-chain MMF).
2. Franklin Templeton announces plans to launch a money market fund on Solana.
3. Société Générale plans to issue EURCV (Euro stablecoin) on Solana.
4. Citigroup has been conducting research on Solana’s technology and ecosystem, continuously exploring Solana-related opportunities.
5. Bonk partners with Osprey Funds to launch an ETP in the United States.
Payments:
6. The head of cryptocurrency at PayPal said, “Ethereum is not the optimal payment solution because it requires 1k+ TPS. Token Extensions is one important reason why we chose Solana.”
7. Travala adds support for Solana.
Infrastructure:
8. (Emerging Validator client) Frankendancer upgrades to the mainnet. The full client, Firedancer, is now running on the testnet with TPS testing levels reaching 1M+.
9. Solana Mobile launches the next-generation web3 smartphone Seeker (formerly known as Chapter 2).
10. Phantom enables users to create secure self-custody wallets with just an email address and a four-digit password.
DeFi:
11. Sky (MakerDAO) plans to expand to the Solana network.
12. Coinbase plans to introduce cbBTC to Solana.
13. Jupiter (the largest DEX aggregator and Perp DEX) will launch Jupiter RFQ, Perps V2 (gasless trading, limit orders, Dove Oracle standard).
14. Pyth (top Solana Oracle) will introduce Oracle Integrity Staking (OIS), unlocking PYTH utility and the potential to earn staking rewards.
15. Marinade (the second-largest liquidity staking protocol on Solana) integrates with Zodia to provide native staking services for institutional clients.