According to Bitget market data on December 24th, the Solana blockchain-based meme token SILLY broke through $0.08 and is currently priced at $0.083, with a 24-hour increase of 69.5%.

On December 24th, according to official sources, to celebrate the launch of on-chain coin earning and platform deposit/withdrawal support for USDT-Solana and USDC-Solana, OKX will launch a Solana exclusive learn-and-earn activity from 16:00 (UTC+8) on December 22nd, 2023 to 16:00 (UTC+8) on January 5th, 2024. Users who complete identity authentication, answer questions, and deposit coins via the Solana network can receive a 0.0527 SOL on-chain coin earning subscription quota. Quotas are limited and will be given on a first-come, first-served basis.

Tokens from Injective, a layer-1 blockchain in the Cosmos ecosystem, and Render, a GPU rendering network that migrated this year to Solana from Ethereum, dominated the year's return rankings among the CoinDesk Market Index (CMI) benchmark index of 184 digital assets.

On December 23rd, Solana ecosystem project DePIN DAO received $2 million in seed round investment from Unicorn-Verse. Unicorn-Verse stated that this investment will drive DePIN DAO to completely change the vision of decentralized data integration and empower the data economy.

Stablecoin issuer Paxos has received approval from the New York financial regulatory agency to expand its stablecoin to the Solana blockchain and plans to launch on January 17, 2024. This is the first time the regulatory agency has allowed Paxos to issue stablecoins outside of Ethereum.

On December 22nd, Solana co-founder Anatoly Yakovenko changed his X (formerly Twitter) platform account avatar. It is reported that the new avatar is a PFP created by Solana's AI art creator Simaleksic based on the Degenerate Ape Academy series NFT. According to market data, Solana's Meme token SILLY fell over 45% in a day, and is now priced at $0.055. It is reported that Silly Dragon is a Solana Meme project, and Solana co-founder Toly (Anatoly Yakovenko) is a supporter of the project. He has used the project's NFT image as his Twitter avatar and appeared in Silly Dragon cosplay at the Solana BreakPoint conference.

According to Defillama data on December 21st, Solana network's TVL (total value locked) rose to $1.22 billion, with significant growth in TVL for multiple protocols within the Solana ecosystem. These include:

Solana ecosystem Meme project Bonk announced on X platform that Breakpoint 2024, Solana's annual summit, will support the purchase of pre-sale tickets using BONK. The pre-sale will end on January 5th.

Hardware wallet developer Trezor announced on X that Trezor Model T and Trezor Safe 3 now support SOL and all SPL tokens.

The market shows that SOL has broken through $80 and is now trading at $80.04, with an intraday increase of 8.79%. The market is volatile, so please be prepared for risk control.

Since the start of December, Solana’s daily stablecoin transfer volume has grown 600% to $16.6 billion and now outpaces major blockchain networks, according to Artemis, an institutional crypto data platform.

According to CoinGecko data, the market value of SOL has grown to $33,186,934,094, surpassing XRP's market value of $33,021,191,450, becoming the world's fifth largest cryptocurrency by market capitalization.

Golden Finance reported that the Solana ecosystem P2E game MixMob announced an upcoming airdrop. Previously, on February 5th, MixMob announced it had received $7 million in seed funding, led by Defiance Capital.

According to Whale Alert monitoring, at 17:55 Beijing time, 700,000 SOL (worth $52.46 million) was transferred from an unknown address to another address.

According to official sources, Solana ecological sustainable contract DEX Drift Protocol announced that its 30-day trading volume has exceeded 1 billion US dollars.

On December 18th, according to Cryptoslam data, the Solana NFT transaction volume reached $92.06 million in the past 7 days, surpassing the Ethereum NFT transaction volume of $91.32 million during the same period for the first time. In addition, the Bitcoin NFT transaction volume reached $365 million in the past 7 days.

According to an official announcement on December 18th, stablecoin issuer Circle announced that its Euro stablecoin EURC has been launched on the Solana network, making Solana the fourth blockchain where EURC can be natively used, along with Avalanche, Ethereum, and Stellar. Developers and users can now build and trade both EURC and USDC on Solana, sending, spending, and storing funds globally in a faster and more cost-effective way.

DeFi Technologies Inc. announced that it has completed the agreement to acquire the core intellectual property ("IP") of the Solana blockchain.

BONK Phone, Who Dis?

On December 17th, Kyle Samani, co-founder of Multicoin Capital, stated on social media that owners of Solana Web3 phone Saga are expected to receive airdrops within the next 12 months.