Jupiter's third round of LFG Launchpad voting ends, deBridge receives 59% of votes
PANews May 26th News, Solana ecosystem DEX Jupiter announced on Twitter that the third round of LFG Launchpad voting has ended. deBridge won with 59% of the votes and will be launched on the LFG Launchpad in the coming months. Earlier, deBridge announced the launch of its governance token DBR. DBR is based on the Solana chain, with a total supply of 10 billion, and plans to allocate 20% to community launch and its community, with a circulating supply of 1.8 billion DBR at launch. Of the remaining supply, 26% is allocated to ecosystem support, 20% to core contributors, and 17% to strategic partners.
Solana plans to release the full version of the Firedancer upgrade in 2025, with a “lite version” to be released before then
Kuleen Nimkar, the head of DePIN at the Solana Foundation, stated that Solana plans to release a "slimmed-down version" of the Firedancer upgrade before launching the full version in 2025. This upgrade aims to enhance Solana's overall reliability and scalability as the network activity of the decentralized infrastructure protocol (DePIN) continues to grow.<br>
A Smart Money spent 891 SOLs to buy 13 million MAGAs in the past 2 hours and made a profit of $1.2 million from trading TREMP
According to Lookonchain monitoring, Smart Money, which had previously earned about 1.2 million US dollars through trading TREMP, spent 891 SOL (155,000 US dollars) in the past 2 hours to purchase 13 million MAGA at an average price of 0.012 US dollars.
Ethereum on-chain DEX transaction volume yesterday was $1.491 billion
According to DeFiLlama data, the trading volume of DEX on the Ethereum blockchain on May 18 was 1.491 billion US dollars, ranking first. In addition, the trading volume of DEX on the Solana blockchain yesterday was 1.072 billion US dollars, ranking second; the trading volume of DEX on the BSC blockchain yesterday was 429.75 million US dollars, ranking third.
$1.911 billion worth of SOL transferred
According to Whale Alert monitoring, 11,040,253 SOL (US $1,911,291,365) was transferred from an unknown wallet to another unknown wallet.
Anza Team Member: Solana Light Client Tinydancer Releases Testnet
On May 18th, Anza's developer relations manager revealed the results of recent Solana developer community phone discussions on the X platform, which included:
A trader spent 1,000 SOLs to buy michi again
According to Lookonchain monitoring, a trader spent 1000 SOL (160,000 USD) again to buy michi yesterday. This trader made a profit of 7,101 SOL (1.19 million USD) on michi,4,578 SOL (769,000 USD) on boden, and 3,867 SOL (650,000 USD) on POPCAT. However, the trader lost money on many things, having traded a total of 20 MEMEcoins, of which only 4 were profitable, with a success rate of only 20%. But the trader's total profit was 5,394.5 SOL (906,000 USD).
Solana’s on-chain DEX transaction volume yesterday exceeded the sum of five chains including Ethereum, BSC, and Arbitrum
DefiLlama data shows that the Solana on-chain DEX trading volume on May 11th increased more than three times compared to the previous day, reaching 2.995 billion US dollars, ranking first; equivalent to the sum of trading volumes of five on-chain DEXs including Ethereum, BSC, Arbitrum, Base, and Optimism.
Whales Market’s Pre-Market announces the launch of UpRock (UPT)
Solana-based presale market Whales Market announced the launch of UpRock token UPT's futures trading on its decentralized AI network information analysis platform Pre-Market.It is reported that UpRock will soon be launched on JupiterLaunchpad, has published UPT distribution roadmap, and confirmed that it will soon provide airdrops for JUP voters.
Solana-based Meme Project Pengulana Completes $200,000 Seed Round, Led by Nanosprout Ventures
Pengulana, a Meme project on the Solana chain, announced the completion of a $200,000 seed round of financing. Nanosprout Ventures led the investment, with participation from HPV Venture, Onkapital, Slowave, and Web3 angel investors. It is reported that this round of financing was raised through the Simple Agreement for Future Tokens (SAFT) for the future token and will be used to accelerate the development of its enterprise-themed P2E games.
