Lightspeed Newsletter

The Seeker is slated for a 2025 release

Despite some hiccups the last few months, its native token has traded essentially in tandem with SOL over the past few months

MagicBlock is using ephemeral rollups to develop a gaming engine that lets video games run fully onchain

Interoperability protocol Wormhole is handling the deployment by bridging World ID’s state roots from Ethereum to Solana

Plus, Solana had a bearish August, but SOL locked in DeFi

Cypherpunk Holdings has rebranded to Sol Strategies in a pivot to a Solana-first investment approach

For smaller validators, and all Solana validators in general, the entire ballgame is drawing more delegated stake

Blockworks Research analyst predicts 2025 will be a big year for economic changes on Solana

The Solana-based creator platform announced its seed round today

Plus, India really showed out for Colosseum’s Radar hackathon

It’s not an easy living for small validators, and now thin margins have grown even thinner

Sources note the shutter was caused by an inability to find a meaningful niche in an NFT market that never regained its vaunted 2021 status

Pump.fun, Firedancer, DAOs, restaking…how will Solana define the rest of 2024?

Several competitors are eyeing Solana’s recent buzz

Plus, Solana’s validators are seeing their revenue sources change during this Solana cycle

Plus, Drift’s new Bet prediction market is having a huge volume day

Renzo is one of four liquid restaking protocols with at least $1 billion in TVL

Most prediction market volume is being spent on the Nov. 5 US presidential election

SOL climbed from around $144 to over $160 when Jerome Powell said “the time has come” for interest rate cuts

Perhaps no blockchain ecosystem has benefited so much from the renewed bull run as Solana

Although Magic Eden will still primarily function as an NFT platform, the app needs to “skate where the puck is going” to onboard new crypto users

There’s a general sentiment that blinks aren’t very useful for buying and selling crypto — one of the popular ways they were demoed

Some analysts suspect the selling came from investor concerns regarding Solana’s “heavy reliance on memecoins”

Plus, Google is facing a lawsuit after a Florida woman claims she lost $5 million in a scam involving a fake crypto wallet app