Lightspeed Newsletter

Padre has 4% market share of trading platforms on Solana.

L1 governance drama

Transparency is nice, but expensive

Pipe’s testnet has delivered 60+ PB of data across ~290,000 Point of Presence (PoP) nodes

Bee Dashcams now cost $19 a month.

Stablecoin, DePIN and robo-advisor teams made the finals

Bullet is leveraging Celestia for data availability

The plan is to make GameShift the “consumer portal” that bridges non-crypto gamers into Web3

Titan’s seed round is led by Galaxy Ventures

The BAGWORK memecoin creators made $169K on a 4-day-old memecoin, making it the 0.01% of creators that have earned more than $10K with Pump

Base lags behind Solana, but it’s a mixed picture

From Labubus to Pokémon

Solana saw $78 million in REV for August

Software investing is hard…especially in the age of AI

The raise is led by a16z crypto

Gateway wants to be the de-facto entry point for Solana

Several teams in crypto have explored the idea of using futarchy to overhaul DAO governance

Sharps Technology raised $400 million in PIPE offering

Jupiter borrows Fluid’s innovative risk engine

Prop AMMs like SolFi, HumidFi and Obric are taking over liquid capital markets

Helium has over a million daily users, and recent mechanics include an emission halving and a circulating supply burn

3,865 tokens launched yesterday, about 15% of launchpad market share

Stripe and Circle launch L1 chains

ETF flows slow, REV stagnates, Pump strikes back and Drift punches up