1.Stellar Foundation recommends postponing smart contract upgrades after discovering bug2.Pudgy Penguins: The beta version of IP authorization platform OverpassIP is now online3.OSL has partnered with global insurance and reinsurance company Canopius to secure a new two-year custody insurance agreement4.After the spot Bitcoin ETF was approved, Bitcoin’s market capitalization dominance increased to 49.8%, while the share of altcoins and stablecoins fell.5.Linea: Linea Voyage XP tokens will be airdropped to qualified user wallets6.Google’s cryptocurrency-related advertising policy will be revised on January 29 and may cover Bitcoin ETF advertising7.Analyst: Charles Schwab may be interested in joining the spot Bitcoin ETF race8.The trading volume of DEX on the Ethereum chain yesterday was US$734 million, a decrease of approximately 43% from the previous day.9.Data: SOL/BTC ratio has grown 290% since October 202310.CFTC urges investors to be wary of AI-created crypto asset arbitrage algorithms

Solana chain Meme project DragonEgg is about to launch an airdrop, with a total supply of 60% of DGE (Dragon Egg) airdropped to millions of Solana wallet addresses. The airdrop application will open at 10:00 UTC-5 (23:00 UTC+8) on January 31 and will continue until February 8. Applicants can apply on the website degfinance.org on January 31.

Data disclosed by Glassnode shows that since October 2023, the SOL/BTC ratio has increased by 290%, fluctuating between 0.0011 and 0.0005 SOL/BTC. During this period, its performance has been significantly better than ETH, but unlike ETH, the price of SOL did not show any significant increase after the approval of Bitcoin spot ETF. In addition, the performance of altcoins in recent weeks has been disappointing, with ETH performing better than most altcoins and dominating the entire cryptocurrency market with a rise of 4.2%.

Solana Floor disclosed on social media X that as of now, there have been 16,256 SolanaMobile activations recorded.

According to Cryptoslam data, the total sales of NFTs on the Solana blockchain have surpassed 4.8 billion US dollars, with nearly 2 million independent buyers and approximately 1.527 million independent sellers on the blockchain. The on-chain transaction volume is approximately 3.9059 million transactions.

Solana Foundation partnered with CoinCDX to launch a 250 million rupee (approximately $3 million USD) India Grant program aimed at promoting local Web3 developers to design and develop products on the Solana chain. Over the next few months, the funds from this Grant will be used to launch advanced blockchain education programs as well as a competition similar to a hackathon among Web3 developers. The Solana Foundation will also work with CoinDCX to promote real-world use cases for the public chain, such as loyalty programs and tokenization of real-world assets like stocks, bonds, and real estate.

Colosseum launches to run Solana's hackathons, accelerate winning founders, and invest in the next generation of breakout crypto startups.

The Solana Foundation has released token extensions for the SPL token standard on the Solana network. These token extensions allow for enhanced token interactions, confidential interactions, and per-exchange token transfer fees, among other features. The token extensions are a new SPL token standard that enhances its original functionality. In dozens of new use cases, including enhanced token interactions, per-exchange token transfer fees, and confidential transfers supported by zero-knowledge proofs, the token extensions are designed to help businesses transition to on-chain operations and provide simplified security, compliance, and other services on the Solana network, according to the company statement.

There has already been more than $300 billion in stablecoin transfer volume so far in January, eclipsing December’s volume.

According to Artemis data, as of January this year, the stablecoin transfer volume on the Solana blockchain has reached 303 billion US dollars, which is higher than the stablecoin transfer volume on the blockchain in December 2023 (297 billion US dollars), and has increased by 2520% compared to January 2023 (11.56 billion US dollars).

Solana's new meme coin LFG stated in its official tweet that 1.44 billion LFG tokens have been removed from the second round of supply. Previously, the community decided to remove a certain proportion of tokens from the second round's supply of 200 billion LFG tokens, and distribute the remaining amount to LFG supporters over time.

We started the year with a note on belonging. I felt inspired to write about this because of our work on two protocols, one of which today's issue covers extensively. In mid-to-late 2022, Solana was the industry's darling due to its figureheads. SBF's overarching influence on its ecosystem could not be understated. But in the following months, as FTX collapsed, so did the Solana ecosystem.

According to Lookonchain monitoring, a certain whale spent 86,738.1 SOL (8.65 million US dollars) to purchase 17.22 million WIF. Currently, the whale holds 37 million WIF, worth 17 million US dollars, with a floating profit of over 8 million US dollars.

According to TechFlow news from Nansen in X, as of January 1, 2024, Ronin Network has had the largest increase in active addresses for the second consecutive month among all public chains and layer two networks, while Solana currently ranks first in total active addresses.Active addresses divided by chain in November and December:Solana 13.9 million (+98.9%!!)BNB 13.7 million (-9.8%)<br>Tron 10.8 million (-14.6%)<br>Ethereum 5.4 million (+18.7%)<br>Polygon 4.8 million (+11.7%)<br>Arbitrum 2.5 million (-7.8%)<br>Ronin 1.3 million (+192.2%!!)<br>Optimism 1.1 million (-20.9%)<br>Linea 999,000 (+8.5%)<br>Avalanche 910,000 (+46.4%)<br>Celo 868,000 (+32.3%)<br>Base 822,000 (+22%)<br>Fantom 534,000 (+34.2%)

Solana Mobile is developing a new cryptocurrency smartphone that will be more affordable than its predecessor, Saga. The new phone will have a built-in Solana wallet and a special app store with decentralized apps for users to explore. Solana Mobile aims to make the phone more appealing to a wider audience by improving the hardware and significantly reducing the price. The decision to release a new phone was inspired by the unexpected success of Saga, which gained a loyal following in the crypto community and caught the attention of investors interested in its token giveaways. If Solana Mobile can deliver on its promises, the new phone could be a significant step towards mainstream adoption of cryptocurrencies.

According to official sources, the security revocation tool solrevoker developed by GoPlus has been launched. Solrevoker is a security revocation tool developed by GoPlus in response to the needs of Solana community users. Currently, in high-frequency interaction scenarios such as Solana NFT market and token staking, a large number of airdrop phishing and pre-authorization fraud events are on the rise. This tool developed by GoPlus can help users to perform risk authorization detection and revocation operations anytime and anywhere.

Solana took over XRP's position in HKVAC's top 5 cryptocurrency global index, and AVAX replaced Tron, amid market fluctuations in the past 30 days.

A Solana digital asset protocol, announced that its released Solana Inscriptions will be fully deployed on the chain at 3 pm (US Eastern Time) on January 16th. Earlier news stated that on December 19, 2023, Metaplex launched a new standard for fully on-chain and immutable digital assets on Solana, called Inscriptions and Engravings. Inscriptions allow for the complete storage of asset metadata and media content on Solana, eliminating the need for any external trust assumptions.

CoinGecko data shows that SOL is currently trading at $94.33, with a 24-hour decrease of 6.5%.

According to official sources, Solana-based DeFi platform Saros completed a $375 million private funding round, with participation from Solana Ventures, Hashed, Spartan, Arche Fund, as well as industry leaders GBV, Assym, IF, Genblock, K300, Cryptomind, Kyros, and Evernew. The funds will be used for the project's expansion plan and the development of Saros' super applications.