Tag: real-world-use
Polygon Claims $80 Billion Stablecoin Volume in May, Surpassing Solana
Polygon reports $80 billion in stablecoin transfers for May, surpassing Solana and BNB Chain. This highlights the importance of stablecoin activity as a measure of real blockchain adoption, relevant for UK Solana users and builders.
- Polygon surpasses Solana in volume
- Stablecoin activity signals adoption
- UK users benefit from competition
Phantom Wallet Switches Prediction Market Infrastructure to World on Solana
Phantom wallet has replaced Kalshi with World for its prediction markets, moving to a noncustodial protocol on Solana. This update impacts UK users interested in decentralised prediction markets and Solana-based trading.
- Phantom moves to World protocol
- Automatic payouts on Solana
- New oracle-based market resolution
Arkham Introduces Elo Ratings for Prediction Market Traders
Arkham launches an Elo-based rating system to assess prediction market traders’ accuracy, offering new transparency for platforms like Polymarket. Implications for Solana-based prediction markets and UK users.
- Arkham launches Elo ratings
- Focus on trader accuracy
- Implications for Solana markets
Solana Leads Crypto Gains as Tokenised Stock Trading Surges
Solana ecosystem tokens outperformed the market, driven by a surge in tokenised stock trading volumes and renewed DeFi activity, as bitcoin stabilised near $60,000.
- Solana tokenised stock trading surges
- Aave and DeFi tokens outperform
- UK relevance in asset tokenisation
Hyper Foundation Allocates $10M to Support USDH Stablecoin Shutdown
Hyper Foundation's $10M grant programme aims to help developers and protocols transition from USDH to USDC following the stablecoin's shutdown. This move highlights stablecoin migration trends relevant to Solana and UK crypto users.
- Hyper Foundation allocates $10M grants
- Feeless USDH to USDC conversion
- Stablecoin migration impacts UK market
TRON Surpasses Solana and Ethereum in Daily Active Addresses: Implications for UK Crypto Market
TRON set a new record with 3.93 million daily active addresses, outpacing Solana and Ethereum. This trend highlights evolving user activity and stablecoin usage, offering insights for UK-based Solana users and market watchers.
- TRON sets new activity record
- Solana's user metrics compared
- Stablecoin usage drives trends
Sol Strategies Stock Rises 22% Amid Solana Treasury Focus
Sol Strategies, an OTC-listed company with a Solana-focused crypto treasury, saw its stock rise 22% as SOL reclaimed the $72 level. This development highlights evolving altcoin investment narratives relevant to UK investors.
- Sol Strategies stock up 22%
- Solana treasury model gains attention
- Relevant for UK crypto investors
Spark and Uniswap Launch 'FX Layer' Stablecoin Swap with $150 Million Liquidity Migration
Spark and Uniswap introduce the FX Layer, a stablecoin swap system seeded with $150 million, aiming to streamline institutional stablecoin liquidity. Implications for Solana and UK digital asset markets discussed.
- FX Layer launched by Spark, Uniswap
- $150M liquidity migration
- Implications for Solana, UK markets
SBI Holdings Acquires Bitbank, Expanding Regulated Crypto Presence
SBI Holdings' acquisition of Bitbank strengthens Japan’s largest crypto exchange group, with implications for stablecoins, tokenised assets, and regulated digital finance—trends relevant to Solana’s UK ecosystem.
- SBI acquires Bitbank
- Stablecoin and tokenised asset focus
- Regulatory trends impact UK
SBI Holdings to Acquire Bitbank: Implications for Solana and UK Crypto Markets
SBI Holdings' acquisition of Bitbank strengthens its position in Japan's crypto market, with potential impacts on Solana trading and custody services. UK users may see expanded access and regulatory insights.
- SBI acquires Bitbank
- Solana services expansion
- UK regulatory relevance