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SolanaFloor: 16,256 Solana Mobile activations recorded to date

Solana Floor disclosed on social media X that as of now, there have been 16,256 SolanaMobile activations recorded.

Total NFT sales on Solana chain exceed $4.8 billion

According to Cryptoslam data, the total sales of NFTs on the Solana blockchain have surpassed 4.8 billion US dollars, with nearly 2 million independent buyers and approximately 1.527 million independent sellers on the blockchain. The on-chain transaction volume is approximately 3.9059 million transactions.

Solana Foundation and CoinCDX launch Rs 25 Crore Indian Web3 Developer Grant Program

Solana Foundation partnered with CoinCDX to launch a 250 million rupee (approximately $3 million USD) India Grant program aimed at promoting local Web3 developers to design and develop products on the Solana chain. Over the next few months, the funds from this Grant will be used to launch advanced blockchain education programs as well as a competition similar to a hackathon among Web3 developers. The Solana Foundation will also work with CoinDCX to promote real-world use cases for the public chain, such as loyalty programs and tokenization of real-world assets like stocks, bonds, and real estate.

Introducing Colosseum

Colosseum launches to run Solana's hackathons, accelerate winning founders, and invest in the next generation of breakout crypto startups.
Introducing Colosseum

The Solana Foundation Releases Token Extensions to the SPL Token Standard on the Solana Network

The Solana Foundation has released token extensions for the SPL token standard on the Solana network. These token extensions allow for enhanced token interactions, confidential interactions, and per-exchange token transfer fees, among other features. The token extensions are a new SPL token standard that enhances its original functionality. In dozens of new use cases, including enhanced token interactions, per-exchange token transfer fees, and confidential transfers supported by zero-knowledge proofs, the token extensions are designed to help businesses transition to on-chain operations and provide simplified security, compliance, and other services on the Solana network, according to the company statement.

Solana stablecoin transfer volume hits record monthly high of $300B

There has already been more than $300 billion in stablecoin transfer volume so far in January, eclipsing December’s volume.
Solana stablecoin transfer volume hits record monthly high of $300B

In January, the stablecoin transfer volume on the Solana chain exceeded US$300 billion, an increase of more than 25 times year-on-year.

According to Artemis data, as of January this year, the stablecoin transfer volume on the Solana blockchain has reached 303 billion US dollars, which is higher than the stablecoin transfer volume on the blockchain in December 2023 (297 billion US dollars), and has increased by 2520% compared to January 2023 (11.56 billion US dollars).

LFG: 144 billion LFG have been removed from the second round of supply

Solana's new meme coin LFG stated in its official tweet that 1.44 billion LFG tokens have been removed from the second round of supply. Previously, the community decided to remove a certain proportion of tokens from the second round's supply of 200 billion LFG tokens, and distribute the remaining amount to LFG supporters over time.

The Solana Ecosystem

We started the year with a note on belonging. I felt inspired to write about this because of our work on two protocols, one of which today's issue covers extensively. In mid-to-late 2022, Solana was the industry's darling due to its figureheads. SBF's overarching influence on its ecosystem could not be understated. But in the following months, as FTX collapsed, so did the Solana ecosystem.
The Solana Ecosystem

A giant whale spent 86,738.1 SOL to purchase 17.22 million WIF, holding a total of 37 million WIF

According to Lookonchain monitoring, a certain whale spent 86,738.1 SOL (8.65 million US dollars) to purchase 17.22 million WIF. Currently, the whale holds 37 million WIF, worth 17 million US dollars, with a floating profit of over 8 million US dollars.