Lightspeed Newsletter

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

Maple’s syrupUSDC will let traders earn passive income while using it to back perp positions on Solana

Institutions launching their own L1s isn’t good for Solana — but it’s just as bad for everyone else

Solana’s third-largest DEX has planned staking for September