Mastercard introduced always-on stablecoin settlement on Solana, Backpack announced a tokenized brokerage, and $716M of RWA capital flowed in last month, more than any other network. While the market looked one way, the institutions and builders kept shipping.
Here’s everything that happened:
📰 Headline News
- @Mastercard introduced always-on stablecoin settlement on Solana
- @Backpack announced Backpack Securities, merging traditional brokerage with Solana-native tokenization
- @SolanaFndn launched native Subscriptions and Allowances for delegated spending and recurring billing
📰 Launches
- @moonpay introduced the MoonAgents Desktop App, connecting ChatGPT or Claude so AI agents can pay onchain
- @sunrisedefi, @MeteoraAG and @BedrockFndn teamed to launch Dynamic Assets
- @SolanaFndn announced dedicated support for teams building fully onchain perpetuals and supporting infrastructure
- @bulktrade activated Season 1 with pre-deposits now open
- @ORE deployed a quantum-safe smart wallet to secure ORE holder and staking assets from quantum threats
- @craftsdev introduced equity-linked tokens, enabling onchain exposure to real company outcomes
- @useDecal debuted Decal Treasury, featuring automated yield engine that funds integrated corporate loyalty programs
- @axelar went live on Solana to enable cross-chain messaging and programmable asset transfers
- @PhoenixTrade launched mobile trading and cross-chain deposits
- @raikucom activated rkuSOL, an LST that routes three distinct streams of AOT and JIT auction revenue back to stakers
- @JupiterExchange rolled out TCG credit features on Jupiter Offerbook, utilizing @phygitals and @Collector_Crypt
- @moonshot released Moonshot Packs, bringing physical trading card experience onchain
- @packs_supply launched a collectibles SOV that rewards stakers with physical packs
- @Paytrie expanded the Canadian dollar stablecoin to Solana
- @strongholdpay expanded its SHx token network to Solana via @axelar
- @paj_cash debuted v2 of its payment platform, enabling account-based Web3 off-ramps
- @lava_xyz released Lava Card, a zero-annual-fee Visa debit card
- @Dyadnum launched a WhatsApp-native trade engine to streamline cross-chain asset routing
- @UmbraPrivacy launched its privacy-focused web interface
- @zodial_xyz shipped a portfolio-margin lending protocol
- @Certora formally verified Solana’s P-token upgrade
- @MonkeFoundry opened Cohort 2 applications, closing June 12
- @BitRobotNetwork announced applications for its robotics laboratory program
- @jaileddotfun launched Jailed, an onchain prison simulator game deployed on Solana
- @gachasports shipped a sports-led gacha platform
- @predikt_gg announced bringing cross-market access and leverage to @solana prediction market users
- @rektdrinks released SOL Berry, a Solana-themed sparkling water
📰 Milestones
- @solana led onchain collectibles markets with ~60% of total volume
- @Raydium crossed $2B in cumulative trading volume for tokenized equities
- Solana recorded the largest RWAs net capital inflow across chains in May crossing $716M
- @KASTxyz won Best Digital Assets Fintech at BeInCrypto Institutional 100 Awards
- @kamino's xStocks market surpassed $30M in total market size
- @solanamobile crossed 1K live apps on the dApp Store
- @helium_mobile, the consumer carrier built on Helium's Solana-based network, was acquired by Andrew Yang's @joinnoblemobil
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ORE is building Solana’s native store of value
@ORE brings proof-of-work mining fully onchain, generating ~$600K in weekly revenue, with 100% used for buybacks
So far ~900 daily miners powering an economy around mining, refining, and staking
Native store of value on @Solana ↓
The Lost Tapes 01: Deep Cuts From the Mine.
Feat. @HardhatChad of @ore.
Writing the next page of Satoshi's white paper.
A line like that doesn't come from a first impression.
The first time we sit with a creator, a developer, the face behind a protocol, it's their story. Where they came from, how they got here, why they think and move the way they do. You meet the person first, because that's who you fall in love with. The builder gives you hope. The protocol gives you conviction.
The Lost Tapes is what comes after. The things that got missed the first time. The things that got lost. This is where they surface, and where we take the protocol apart down to the code. The hope was the easy part. This is where the conviction gets built.
We were never built for one and done. Sitting with some of the sharpest minds in this space and walking away after one conversation was never our personality. The Lost Tapes is how we keep coming back, sitting down again, going deeper.
Think of it like a cassette. Before you could skip to any track you wanted, you found a tape and let it run start to finish, the way it was meant to be heard. That's this. One conversation, one full swoop, no skipping.
And like everything Wisemen makes, it runs heavy on symbolism, all of it pointing back at the protocol, the token, the dev, the lore and the community. You might catch a couple things in the promo. Hence the honey badger. Double entendre. IYKYK.
This is where it all ties together. Quantum. DeFi. Minting. Mining. Store of value. Solana. Bitcoin. Zcash.
Deep in the minds, we recorded a conversation the internet needs. 📼
I spent time today going back (for like the 4th time) to @ore
I've always found this to be such a breath of fresh air just because its fun to see something new innovated in the space.
Now there exists all sorts of ORE stats sites that I wasn't aware of previously that really allow you to dive into the numbers. (like Ore.fyi and ore-stats.com )
It seems like the real magic is in earning ORE as cheaply as possible and holding on to it (not refining it) for as long as possible.
The best I've been able to reverse engineer it is to cover all 25 tiles and don't go crazy about the total amount of SOL deployed per round.
There's a fairly consistent rate at which you'll bleed SOL and gain ORE. Unless you get lucky and win solo / Motherlode.
Short of luck, I back tested various stats over various time frames and came up with this little nugget:
If you hold your unrefined ORE for 30-35 days on average you'll be profitable. Anything beyond that increases your profitability.
Of course holding unrefined ORE is the most profitable part of this game, and it only is profitable if others are cashing out or "refining" their ORE - so you don't see a lot of people talking about that. They want you to cash out because it increases the earnings for the people who haven't refined yet.
Any other miners out there want to share their REAL advice on the topic? In a game where giving other players bad advice can increase your profits, I'm curious to hear some other real takes.
For me...it's just a fun little past-time.
We are in the early stages of ORE flipping Bitcoin
$BTC vs $ORE
▪️ BTC requires energy & heavy hardware to mine, ORE can be mined by anyone
▪️ BTC is at risk to Quantum & future attack vectors, ORE is secure for everyone
▪️ BTC doesn't generate yield natively, ORE generates all miners & holders yield
▪️ BTC is slow 10 minute blocks and expensive tx fees, ORE runs on Solana so is basically free & instant
ORE is genuinely a better store of Value than Bitcoin in most things people care about
ORE was built to be the @solana native store of value.
Now you can use it to buy real products through SP3ND.
For one week, every purchase in $ORE earns 2% cashback in $ORE ⛏️ 🛍️