@SolanaFoundation appoints Rachel Conlan as chief strategy officer and Jamal Raees as general manager for payments, aiming to enhance institutional finance and tokenized assets on $SOL. #Update #Crypto $SOL
@OndoFinance expands its USDY tokenized yield product across Solana DeFi venues, enhancing utility for real-world assets in DeFi. USDY is a yield-bearing note, not a $1 stablecoin. #Update #DeFi $SOL
Solana generated $1.1M in fees, surpassing Ethereum’s $649K, while ETH burned more at $226K compared to Solana’s $117K. App revenue on Solana was $7.7M vs. Ethereum’s $1.9M. #Update #Crypto $SOL $ETH
@ZetaChain’s governance approved migrating ZETA to Solana, retiring its blockchain to focus on AI. Proposal 68 passed with 99.44% support, shifting resources towards Anuma and Solana’s infrastructure. #Update #Crypto $ZETA
ZetaChain voters approved Proposal 68 with 99.4% support, initiating plans to migrate the ZETA token to Solana as a native SPL token; a second vote will determine the shutdown timing. #Update #Crypto $ZETA
@Kamino, a leading Solana lending protocol with $1.4 billion in assets, appoints Yieldstreet co-founder Michael Weisz as CEO and expands to New York for onchain credit and tokenized assets. #Update #Crypto $SOL
@ARKInvest and Glassnode report Bitcoin and Ethereum require three entities to control block production, while Solana needs 19. Bitcoin ranks highest in decentralization metrics. #Update #Crypto $BTC $ETH $SOL
Solana’s mainnet achieved a 300ms slot time, enhancing liquidity provider returns by reducing arbitrage opportunities; however, increased validator costs may offset benefits. #Update #Crypto $SOL
@Solana’s v1 transaction format increases payload capacity by 3.3x, but unprepared RPC clients may face failures; mainnet activation pending as of Sept. 4. #Update #Crypto $SOL
The Aug. 28 Solana fee vote SGP-0003 failed despite 53.90% support, highlighting founder Anatoly Yakovenko’s influence over governance as abstentions impacted the outcome. #Update #Crypto $SOL
Solana’s governance vote SGP-0002, aiming to double disinflation, sees 90.6% support but faces opposition from @Solana Company, which relies on staking revenue for 99.4% of its Q2 income. #Update #Crypto $SOL
@Circle warns that quantum circuits for blockchain signatures are advancing, impacting USDC’s migration across 37 networks. Urgent preparations needed for cryptography and key rotation. #Update #Crypto $USDC
@Fidelity’s FETH and FSOL can stake up to 100% of their crypto, with mechanisms for managing redemption delays. FSOL reported 99.64% staked while FETH’s staking details remain undisclosed. #Update #Crypto $ETH $SOL
Circle processed $32 trillion in adjusted USDC transfer volume in 2026, with 95% of revenue from reserve income; Arc’s mainnet launch on Sept. 16 aims to enhance fee generation. #Update #Crypto $USDC
