Solana Leads Web3 Innovation: Circle Deploys CCTP V2 Kazakhstan Economic Special Zone Launches 90 Billion Financial Giant Fiserv Joins Ecosystem

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In the past week, Solana has made substantial progress in both on-chain and off-chain aspects.

First, Circle deployed CCTP V2 on Solana, which is an upgraded version of the cross-chain transfer protocol. This upgrade brings three main improvements: enhanced USDC cross-chain speed, optimized contract support, and increased capital efficiency.

In the geographical landscape, Solana has also seen new developments. The Solana Foundation has signed a memorandum of understanding with Kazakhstan, marking the official launch of the first Solana economic zone in Central Asia. This economic special zone will become an important platform for blockchain technology pilots, startup incubation, and international cooperation, with the potential to introduce tokenized assets into Kazakhstan's financial market, laying the foundation for a blockchain-based financial system.

Meanwhile, a trading platform launched SOL staking services, mainly targeting institutional investors, ETFs, corporations, and high-net-worth individuals. This indicates that Solana staking is no longer limited to retail participation, increasing the institutional adoption rate of the Solana ecosystem.

In addition, the financial services giant Fiserv, valued at $90 billion, announced that it will launch the stablecoin FIUSD on Solana and plans to integrate with the 3,000 regional banks it serves. This cooperation marks a deep integration of traditional finance and blockchain technology, with Solana's high throughput and low cost characteristics becoming key factors in attracting traditional financial institutions.

Solana Weekly丨3000 banks are about to connect to Solana; Central Asia's first Solana economic zone officially launched

Here are some important updates on core projects and popular projects in the Solana ecosystem over the past week:

A certain DEX has launched an advanced token analysis feature that displays net buyers, net buying volume, and organic scores, helping with market insights.

A certain DEX achieved over $10 billion in trading volume in June, with a market share of about 32%, becoming the largest DEX on Solana.

Drift has launched a zero-fee BTC trading event, which is now live, offering over 40 asset trading pairs.

Sanctum announced that all 1 billion CLOUD tokens have been fully accounted for and are verifiable.

Collaterize partners with Amazon Web Services to accelerate the infrastructure development of physical assets (RWA).

Hey Anon released version 1.7, which includes the integration of spot/futures trading from a certain trading platform, the leveraged futures feature from Amped Finance, as well as UI and performance optimization updates.

Solana Weekly丨3000 banks are about to connect to Solana; Central Asia's first Solana economic zone officially launched

Grass has launched Grasshopper, a plug-and-play device that allows users to share unused internet with the Grass Network and enhance network stability to collect public network data.

Gradient has launched Parallax, the first fully distributed inference and serving engine for large language models.

Solayer has launched the Emerald sub-card service, allowing one account to create unlimited cards, providing customized labels, personalized spending limits, and expense tracking features.

io.net has launched a $20 million funding program and is providing free GPU access to support artificial intelligence projects that require significant computational resources.

The DIA mainnet staking is now live.

STEPN GO has launched the GGUSD stablecoin backed by U.S. Treasury bonds.

time.fun launches creator live streaming, allowing creators to receive tips from viewers during the live broadcast and earn fees from transaction activities.

Solana Weekly丨3000 banks are about to connect to Solana; Central Asia's first Solana economic zone officially launched

Solana Weekly丨3000 banks are about to integrate with Solana; Central Asia's first Solana economic zone officially launched

Solana Weekly丨3000 banks are about to connect to Solana; the first Solana economic zone in Central Asia officially launches

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GateUser-00be86fcvip
· 07-22 01:45
SOL is really something!
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LiquidityWizardvip
· 07-21 06:12
Why is sol rising so high?
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ZKSherlockvip
· 07-21 02:35
actually... the trust assumptions here need rigorous analysis before jumping on the hype
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ForkTonguevip
· 07-21 02:33
sol universe bull wow
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SeasonedInvestorvip
· 07-21 02:25
Why is sol so powerful?
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