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Haider Jamal

Sep 23, 2024

Major Updates Revealed At Solana Breakpoint Day One

Solana Breakpoint Day One kicked off with multiple significant announcements, including Firedancer, key updates by Jupiter, and Franklin Templeton revealing plans for a mutual fund on Solana. Day Two maintained the excitement with more major developments.

 

Key Details
Coinbase announced it will launch its wrapped Bitcoin version, cbBTC, on Solana. This addition aims to enhance liquidity and capital efficiency across DeFi applications. Following its impressive Day One, Firedancer announced its full validator client is now live on the Solana mainnet for non-vote transactions. A live demo showcased its ability to handle 1.04 million transactions per second.
Magic Eden also shared plans for new features, including the ability to swap fungible assets across different chains, and confirmed its upcoming $ME token will launch on Solana. Meanwhile, co-founder Alex Smirnov announced the highly anticipated $DBR token will go live on October 17th, along with new product features like gasless bridging. BONK, a beloved meme coin, also announced its growth and plans for a BONK ETP, indicating a possible future BONK ETF.


Other Notable Updates
Sanctum introduced Creator Coins for monetizing audiences, announced a new Sanctum card for real-world payments, and teased the return of its Wonderland incentives campaign. Pyth Network unveiled OIS (Oracle Integrity Staking) to enhance data accuracy and reward $PYTH stakers through various DeFi products.
Kamino Finance announced plans for Spot Leverage trading, with founder Marius Ciubotariu emphasizing its appeal to institutional investors. The event concluded with engaging debates on crypto trends and the future of the Solana Foundation. Dan Albert announced that planning for Solana Breakpoint 2025 is underway, set for December 11th-13th in Abu Dhabi.

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