ChainCatcher news, according to DeFiLlama data, the total market capitalization of stablecoins on the Solana chain has reached $12.883 billion, setting a new historical high. In the past 7 days, the market capitalization of stablecoins on the Solana chain has increased by $230 million, with a growth rate of 1.82%.

ChainCatcher message, according to Whale Alert monitoring, 7 minutes ago, USDC Treasury minted 250 million USDC on the Solana chain.

ChainCatcher news, according to Forbes, cryptocurrency venture capital firm RockawayX, with total assets under management of $2 billion, announced the completion of fundraising for its second early-stage fund, totaling $125 million.The fund will primarily invest in startup projects based on the Solana blockchain, with a focus on yield-generating projects.

ChainCatcher message, according to SolanaFloor, the Solana Foundation has launched a new policy to strengthen decentralization: for each new validator added to its Delegation Program, if certain validators have been eligible for Solana Foundation delegation on the mainnet for at least 18 months and have less than 1000 SOL staked outside of the Solana Foundation delegation, three of them will be removed. This change aims to reduce reliance on foundation delegation, encourage community-supported validators, and maintain a more efficient and decentralized network.

ChainCatcher news, according to GlobeNewswire, Nasdaq-listed DeFi Development Corporation (stock code: JNVR) announced the purchase of 88,164 Solana (SOL) for approximately $11.5 million. Following this purchase, the company's total holdings of SOL reached 251,842, with a total value of about $34.4 million (including staking rewards).The company stated that the newly acquired SOL will be immediately staked, providing security to the Solana network while earning native rewards. This transaction is part of the company's recent $42 million financing plan. According to the funding reserve policy approved by the board on April 4, the company plans to accumulate cryptocurrency assets in the long term and will operate one or more Solana validator nodes to achieve asset staking and contribute to network security.

ChainCatcher news, according to Cointelegraph, global blockchain payment service provider Astra Fintech has announced the establishment of a $100 million fund to support the development of the Solana ecosystem in Asia. The fund will be based in South Korea and will primarily invest in projects that develop payment financial (PayFi) solutions, as well as promote collaboration with developers, businesses, and regulatory agencies.

ChainCatcher news, according to on-chain analyst Ember (@EmberCN), a wallet holding a large amount of Solana has redeemed 100,000 SOL (approximately 13.9 million USD) from staking and transferred it to Binance exchange.This address staked 991,000 SOL four years ago and has accumulated 300,000 SOL in staking rewards during this period. Currently, this address still has 1,191,000 SOL (approximately 167 million USD) staked.

ChainCatcher news, according to Nansen data, the top five blockchains by the number of active addresses in the past 7 days are: Solana (29.1 million), Tron (5.8 million), BNB Chain (4.7 million), Base (4.3 million), and Bitcoin (2.7 million). Solana ranks first with a significant advantage, with activity far exceeding that of other public chains.

ChainCatcher news, Coinbase now supports users in self-recovering SPL tokens mistakenly sent to Coinbase addresses on the Solana chain, without the need to submit a customer service ticket.This update covers thousands of SPL tokens, and in the future, it will expand to support the recovery of more on-chain assets.

ChainCatcher news, according to Benzinga, Cathie Wood's Ark Invest made several portfolio adjustments last week. Through ARKK, the company increased its holdings by 60,266 shares of Robinhood Markets Inc., worth approximately $2.45 million. Through ARKW, it sold 31,817 shares of the ARK 21Shares Bitcoin ETF, valued at about $2.7 million.Additionally, ARKF and ARKW jointly purchased 500,000 shares of the 3iQ Solana Staking ETF (SOLQ.U), with a total transaction value of approximately $5.2 million.

ChainCatcher news, according to market data, the stock price of Nasdaq-listed company Upexi has risen by 567.59%, currently reported at $15.15.ChainCatcher previously reported that crypto market maker GSR announced a $100 million private equity investment in Nasdaq-listed company Upexi, Inc.

ChainCatcher news, reported by Chainwire, cryptocurrency market maker GSR announced a $100 million private equity investment in Nasdaq-listed company Upexi, Inc.Upexi is a brand owner focused on the development, manufacturing, and distribution of consumer products. This investment comes after Upexi announced a strategic shift towards a cryptocurrency-based financial strategy, aimed at creating long-term value and returns for shareholders. Upexi has committed to developing a Solana financial strategy, which includes increasing and staking Solana holdings.

ChainCatcher news, according to on-chain analyst PeckShieldAlert monitoring, Circle has minted 250 million USDC stablecoins on the Solana blockchain.

According to ChainCatcher's message, data on the blockchain shows that the top three dApps on the Solana chain in terms of revenue over the past 7 days are Pump, Axiom, and Jupiter. Among them, Pump ranks first with a revenue of 12.21 million dollars and fees of 17.87 million dollars. Axiom has both revenue and fees of 8.55 million dollars. Jupiter has a revenue of 4.04 million dollars and fees of 15.80 million dollars.

ChainCatcher message, OpenSea stated on social media that Solana token trading is now live on OS2, available to all users.

ChainCatcher news, according to DeFiLlama data, in the past 24 hours, the DEX trading volume on the Solana chain reached $1.887 billion, ranking first, surpassing the $1.182 billion trading volume on the Ethereum chain.

ChainCatcher news, according to an official tweet, the Solana ecosystem liquidity re-staking protocol Fragmetric announced that it has received a grant from the Solana Foundation. The project aims to establish a new standard for liquidity re-staking. Fragmetric officially stated that this move will benefit all participants in the re-staking ecosystem.Previous report, the Solana ecosystem re-staking protocol Fragmetric completed a $5 million strategic financing round, led by Rockaway Capital, with participation from Robot Ventures, Amber Group, Hypersphere, and BitGo.

ChainCatcher message, recently, Galaxy Research submitted a new proposal to the Solana community aimed at reforming the network's inflation governance discussion through a method called Multi-Election Staking Weight Aggregation (MESA). This mechanism attempts to introduce a market-driven process to optimize the SOL emission curve without relying on a single outcome vote. The proposed method will not change Solana's ultimate goal of achieving a 1.5% final inflation rate, but it may significantly shorten the timeline to reach that goal based on community voting results.According to Galaxy's predictions, if the current 15% deflation rate is maintained, the network will reach its final inflation rate at epoch 2,135. Increasing the deflation rate will bring this point forward. In the current Solana system, inflation follows a fixed, time-related curve, aiming for a final inflation rate of 1.5%. However, Galaxy points out that previous votes indicated that while there is a general consensus that the inflation rate is above necessary levels, reaching an agreement on adjusting parameters has been challenging. Galaxy's new proposal offers an alternative that allows validators to choose from multiple predetermined deflation rates, with the result determined by the weighted average of these votes. MESA voting will not dynamically adjust inflation based on real-time metrics but will enforce a fixed anti-inflation trajectory, and once approved, the deflation rate will be adjusted according to the collective opinion of validators.It is reported that this mechanism is inspired by the previous proposal SIMD-228. Although the community generally supports lowering the SOL inflation rate, the binary voting mechanism has made it difficult to reach a consensus on specific parameters, resulting in the proposal's failure to pass.