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.

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.

The market shows SOL fell below $120 and is now trading at $119.94, with a daily decline of 11.79%. The market is volatile, please manage your risks.

On May 1st, Solana node validator Firedancer engineer cantelopepeel.eth posted that the final integration of the Firedancer client is proceeding smoothly. They added that there is still much work to be done, but the first comprehensive test is coming soon.

Raj, co-founder of Solana, said in a tweet that meme coins are scaring away serious builders. But he reminds these serious builders that if you are so fragile that you are afraid of young people using permissionless systems to have fun, then you cannot succeed.

According to Coin98 Analytics, in the past 30 days, Solana has become the blockchain network with the most NFTs created, with a quantity of 44 million.

According to DeFiLlama data, the trading volume of DEX on the Ethereum blockchain on April 26 was $1.868 billion, ranking first. In addition, the trading volume of DEX on the Solana blockchain was $856.15 million yesterday, ranking second for 5 consecutive days; the trading volume of DEX on the BSC blockchain was $655.5 million yesterday, ranking third.

According to the on-chain data tracking service Whale Alert, around 7:37-7:42 Beijing time, two transfers totaling 22,099,029 SOL were transferred from an unknown wallet to another unknown wallet, worth approximately 3.08 billion US dollars.

Only1, a Solana-based NFT social platform, announced the completion of a $1.3 million strategic financing round led by Newman Group, with participation from Folius Ventures, Modular Capital, PetRock Capital, and angel investors. With this round of financing, the project has raised a total of $4.3 million.

The official governance forum shows that Solana staking protocol MarinadeDAO has initiated a new proposal to unlock 50 million MNDE tokens for use in the "Marinade Earn Season 3" reward program. Specifically, the proposal suggests distributing 25 million MNDE tokens through a strategy executed on Solend, which would result in higher profits from looping on MeteoramSOL/SOL compared to the current mSOL pool (such as Solend and Kamino) and other SOLLST, thereby deepening mSOL liquidity in DeFi.

The market shows SOL has fallen below $130 and is now trading at $129.95, with a daily decline of 15.65%. The market is volatile, so please be prepared for risk control.

According to DeFiLlama data, the trading volume of DEX on the Ethereum blockchain was 2.277 billion US dollars on April 15, ranking first. In addition, the trading volume of DEX on the Solana blockchain was 1.234 billion US dollars yesterday, ranking second again; the trading volume of DEX on the BSC blockchain was 1.127 billion US dollars yesterday, ranking third.

According to OKX market data, SOL has fallen below 150 USDT and is now trading at 149.8 USDT, with a 24-hour increase of 7.94%.

Solana Status recommends that Beta validators on the Solana mainnet use version v1.17.31, which includes multiple enhancements aimed at helping to alleviate the current congestion issues on the network.

1. EigenLayer: Deposit limits for all LST tokens will be removed on April 16

Tensor, the official NFT exchange of the Solana ecosystem, announced that they have realized that their original airdrop plan did not sufficiently reward top users. Therefore, they have decided to allocate an additional 2.3% of TNSR from the total supply to provide extra airdrop rewards to approximately 2,900 top users. This additional airdrop will have a lock-up period of 6 months and will be fully unlocked within 2 years.

Austin Federa, the strategic director of the Solana Foundation, outlined the recent congestion issues on the Solana chain on the X platform. He stated that these issues stem from the implementation of the QUIC protocol and can be attributed to a known bottleneck issue. The solution is already on the roadmap. The main reason may be that the demand for Solana has increased at such a fast pace that within a few days, the problem went from "sufficient but needs improvement" to "insufficient." Austin Federa summarized that this issue is simply technical debt, a network stack that will almost certainly need to be completely rewritten later this year, while balancing important maintenance/improvement work.

Solana development team Anza announced on the X platform that its testnet version 1.18.11 has been released. It is recommended that testnet verification nodes be upgraded to help developers observe the effect of relevant patches on congestion issues.

A data-driven overview of the Solana Blockchain

As of April 3rd, the number of settlement transactions on the Solana blockchain in the first quarter reached 2.4 billion, exceeding the total of TRON, Near, BNB, Sei, Polygon, Injective, Sui, zkSync, and Ethereum.