According to Odaily, GolfN, a project based on the Solana ecosystem, has successfully raised $1.3 million in funding. The project, which aims to create a Play-to-Earn (P2E) mechanism for physical golf, has attracted investment from several entities including CitizenX, Fourth Revolution Capital, and Nom. The funding will be used to further develop the project and expand its reach within the golfing community. The P2E mechanism being developed by GolfN is expected to revolutionize the way golf is played and monetized, offering new opportunities for players and investors alike. Details about the specific use of the funds and the timeline for the project's development have not been disclosed. However, the successful funding round indicates a strong interest in the potential of blockchain technology to transform traditional sports like golf. The involvement of prominent investors like CitizenX, Fourth Revolution Capital, and Nom further underscores the growing confidence in the Solana ecosystem and its applications in various industries.

According to Odaily, Elmnts, a Solana-based Real World Asset (RWA) tokenization project, has announced its exit from stealth mode and plans to launch its beta version in the coming weeks. The project's first product will provide users with investment exposure to oil and natural gas mineral rights and royalty fees. In the future, Elmnts plans to support more commodities. Elmnts is primarily focused on the tokenization of RWA commodities and the lending ecosystem. The project aims to leverage blockchain technology to create a more efficient and transparent market for real-world assets. By tokenizing these assets, Elmnts hopes to provide investors with a new way to gain exposure to commodities like oil and natural gas. The upcoming beta launch marks a significant step for the project, demonstrating its progress in developing a platform that can effectively tokenize real-world assets. As the project continues to evolve, it is expected to add support for more commodities, further expanding the investment opportunities it can offer to users.

According to Odaily, the anonymous creator of Solana's blockchain mining project Ore, Hardhat Chad, has announced the progress of ORE v2. The total maximum supply of ORE will be capped at 21 million. This decision was made after considering extensive community feedback, and the supply cap will be introduced in the v2 contract. This limitation will introduce a fixed level of scarcity for ORE and provide stronger inflation protection for token holders. The team is currently in the final stages of auditing the v2 contract and is preparing to release client software. Chad added that a full announcement detailing all major changes will be released soon, allowing ample preparation time before the v2 contract takes effect.

According to U.Today, Solana has launched a novel feature called Blinks, or Blockchain Links, which allows on-chain actions to be converted into shareable links. This innovative feature enables users to turn any on-chain action into a link that can be shared, thereby initiating Solana Actions from virtually any location on the internet, including platforms like X, previously known as Twitter. The advent of Blinks effectively links the Solana blockchain to the entire internet, allowing users to directly link to on-chain transactions and interact with Solana's functionalities on any platform that supports URL sharing. Blinks is a new element within the Solana ecosystem that allows users to create links for on-chain actions such as voting, donating, minting, swapping, and paying with SOL. These links can be disseminated across the internet, enabling Solana Actions to be initiated from any website or application. Solana Actions are APIs that return Solana transactions, simplifying the process of signing and sending transactions. Users can engage with these actions through a native app and mobile buttons, scannable QR codes, and the newly introduced shareable Blinks. The introduction of Blinks represents a significant progression in blockchain technology and usability. By converting on-chain actions into shareable links, Solana is eliminating barriers to entry and making blockchain interactions more accessible and convenient. As Blinks become more popular, Solana Actions may spread across a range of digital platforms in the near future, as this revolutionary feature is anticipated to propel Solana to new levels.

According to Odaily, Solana's second layer network, Sonic, has seen significant growth since the launch of its testnet incentive program on June 19. In just one week, the number of participating user wallets has exceeded 100,000, with a cumulative on-chain transaction volume reaching 17 million. It has been reported that several well-known EVM games will be deployed to Sonic in the near future. This move is expected to further integrate and expand Solana's native gaming ecosystem. The rapid growth of Sonic's user base and transaction volume indicates a strong interest and active participation in the platform. The deployment of popular EVM games to Sonic is a strategic move by Solana to strengthen its position in the gaming ecosystem. This not only provides more options for gamers but also contributes to the overall growth and development of the Solana network. The integration and expansion of Solana's native gaming ecosystem will likely attract more users and developers, further driving the growth of Sonic and Solana as a whole.

According to Odaily, a new address identified as BrFjj...pgjCc purchased 350,000 units of DORAE at a peak price, spending 5710 SOL (equivalent to approximately $747,000). The cost per unit was $1.936. However, within an hour of this transaction, DORAE's value plummeted by nearly 99%. The address then liquidated its entire DORAE holdings at an average price of $0.0868 per unit, resulting in a loss of nearly 96%. The sudden and drastic drop in DORAE's value, known as a 'flash crash', occurred just five minutes after the initial purchase. This rapid depreciation led to significant losses for the new address, which had invested heavily at the peak price. The incident serves as a stark reminder of the volatility and unpredictability inherent in the cryptocurrency market. The new address's decision to liquidate its entire DORAE holdings following the flash crash further compounded its losses. By selling at an average price of $0.0868 per unit, the address incurred a loss of nearly 96% on its initial investment. This incident underscores the high-risk nature of cryptocurrency investments, particularly for those who buy in at peak prices.

According to PANews, Slerf, a Meme project within the Solana ecosystem, has announced compensation for all users who participated in its pre-sale. Over 25,000 wallets have received a full refund, while the last 250 wallets have received a 25% refund. Users can verify whether they have received the deposit from the address fCuw5ppJ9aZYzjm8EsT2fHwxV1h5JwUfqXM44iX3Pzb.

According to BlockBeats, Solana Mobile's second smartphone, Chapter 2, has seen a significant increase in pre-order token holders. The number of individuals holding pre-order tokens for this smartphone has now surpassed 140,000. This information was revealed in a tweet by SolanaFloor on June 26. Solana Mobile has been making waves in the smartphone industry with its innovative products. The announcement of Chapter 2, their second smartphone, has generated considerable interest among tech enthusiasts and potential buyers. The surge in pre-order token holders is a testament to the anticipation and excitement surrounding the release of this new device. However, further details about the smartphone, including its specifications, features, and release date, have not been disclosed yet. The company's decision to use pre-order tokens as a method of purchase has been seen as a unique approach in the smartphone market. This strategy not only allows potential buyers to secure their purchase ahead of the release but also provides an opportunity for the company to gauge the market response before the official launch. The success of Solana Mobile's pre-order token strategy for Chapter 2 indicates a positive market response and high consumer interest in their upcoming product. It remains to be seen how the smartphone will perform upon its release and whether it will meet the high expectations set by its pre-order success.

According to Odaily, Jupiter has announced its support for the Solana Blinks feature on the X platform. This new functionality allows users to copy and paste any Swap URL from Twitter, enabling them to conduct transactions without having to close Twitter. The company has also hinted at the introduction of more features in the near future. This move is seen as a significant step towards enhancing user experience and convenience in conducting transactions. Further details about the upcoming features are yet to be disclosed.

According to BlockBeats, the Solana Foundation has launched a tool called 'Actions' on June 25, which allows users to complete on-chain transactions on websites, social media platforms, and QR codes. The foundation also announced the introduction of 'blinks', a combination of blockchain and links. This innovative feature can transform any 'action' into a shareable link. This implies that any digital path that can display a URL can serve as the starting point for encrypted transactions on the Solana blockchain. The 'Actions' tool and 'blinks' feature are expected to enhance the user experience and increase the accessibility of blockchain transactions. However, the foundation has not provided further details about the implementation and potential impact of these new features.

According to Odaily, Colosseum, a newly established startup accelerator, has successfully raised $60 million for a fund dedicated to early-stage investments. The fund, which was oversubscribed, will focus on investing in startups selected as winners of Solana Hackathons during their pre-seed stage. Colosseum is specifically designed to organize hackathons for the Solana ecosystem. The successful fundraising indicates a strong interest in the Solana ecosystem and the potential of the startups emerging from it. The oversubscription of the fund also suggests a high level of confidence in the accelerator's ability to identify and nurture promising startups. The fund's focus on pre-seed stage investments in Solana Hackathon winners provides these startups with crucial financial support at an early stage of their development. This could potentially accelerate their growth and contribute to the overall development of the Solana ecosystem.

According to Odaily, the Solana Foundation has announced the launch of two new features, Solana Actions and Solana Blinks. These innovative features will enable users to connect and transact without leaving their current website. The Solana Foundation asserts that any website capable of displaying a URL can utilize these new features. Solana Actions and Solana Blinks are designed to enhance user experience by providing seamless transactions. The introduction of these features marks a significant step in the evolution of the Solana platform, as it continues to strive for user-friendly and efficient transaction processes. The Solana Foundation's commitment to improving its platform's functionality is evident in this latest development.

According to Foresight News, Zeta Markets, a derivatives protocol on Solana, has announced its plans to launch a decentralized derivatives trading Layer2, Zeta X, built for Solana on the mainnet by the first quarter of 2025. The company has also released a white paper detailing the project. Zeta X will utilize Solana's L1 for data availability and settlement, while execution will be handled by an off-chain zkVM-compatible matching engine. In addition, Zeta Markets' newly launched token, ZEX, will serve as the native token for Zeta X. This development is part of Zeta Markets' ongoing efforts to expand its offerings and enhance its platform.

According to Odaily, Shaga, a project under the Solana ecosystem known as DePIN, has successfully completed a $1 million angel round of funding. The funding round was led by Arca, with significant contributions from Skybridge20 Ventures, Quotient Ventures, and Marin Digital Ventures. In addition to these venture capital firms, several angel investors also participated in the funding round. Among them were Amir Haleem, the founder of Helium, and Pavel Bains, the co-founder and CEO of Bluzelle. The successful completion of this funding round marks a significant milestone for Shaga and the broader Solana ecosystem. The funds raised will be used to further develop the DePIN project and expand its reach within the Solana ecosystem. This investment demonstrates the confidence of the venture capital firms and angel investors in the potential of the DePIN project and the Solana ecosystem as a whole.

According to BlockBeats, Solana's liquidity staking protocol, Marinade, has approved a proposal to provide a budget of 26 million MNDE tokens to three market makers. This move is aimed at increasing the liquidity of MNDE on the Centralized Exchange (CEX). The decision to allocate such a significant number of MNDE tokens to market makers is a strategic move by Marinade. It is expected to enhance the liquidity of MNDE on the CEX, thereby facilitating smoother transactions and potentially boosting the overall market performance of the token. This development is a part of Marinade's ongoing efforts to improve its protocol and increase the efficiency of transactions on the platform. By ensuring a higher liquidity of MNDE on the CEX, Marinade is positioning itself to better serve its users and contribute to the broader Solana ecosystem.

According to BlockBeats, Solana's decentralized exchange (DEX) Jupiter has launched Swap V3 on June 25. The new version comes with a host of advanced features, powered by its Metropolis liquidity backend. These features include instant routing, dynamic slippage, intelligent token filtering, and ecosystem token lists. Swap V3 aims to improve the overall user experience by offering instant routing. This feature allows users to find the best possible trading route in real-time, enhancing the efficiency of transactions. Additionally, the dynamic slippage function helps to minimize the price impact of large trades, thereby reducing the risk of significant price movements during the transaction process. The intelligent token filtering feature is another notable addition to Swap V3. It enables users to filter out tokens based on their preferences, making it easier to manage their portfolios. Furthermore, the ecosystem token list provides users with a comprehensive list of tokens within the Solana ecosystem, facilitating easier navigation and discovery of new tokens. The launch of Swap V3 is a significant development in the Solana ecosystem, offering users a more efficient and user-friendly trading experience. It is expected to further strengthen Solana's position in the decentralized finance (DeFi) space.

According to BlockBeats, on June 25, developers of the meme coin WATER, part of the Solana ecosystem, transferred 844 million tokens to 11 new wallets that had not participated in the pre-sale. These wallets are currently selling WATER, having already acquired SOL worth 2.35 million dollars. The transfer of such a large number of tokens to new wallets indicates a potential shift in the distribution of WATER tokens within the Solana ecosystem. The new wallets are actively selling their WATER tokens, which could potentially impact the market dynamics of the meme coin. The value of the sold tokens, converted to SOL, the native cryptocurrency of the Solana blockchain, amounts to 2.35 million dollars. This development in the Solana ecosystem underscores the active trading and fluidity of meme coins like WATER. It also highlights the potential for new wallets to influence the market dynamics of such coins.

According to Foresight News, Light Protocol, a privacy project in the Solana ecosystem, has partnered with Helius Labs, a Solana infrastructure provider, to launch ZK Compression. This initiative aims to expand applications on the Solana network. ZK Compression operates through a process known as state compression, which allows developers to store certain types of data using cheaper ledger space on Solana, rather than the more expensive account space. The 'hash' or 'fingerprint' of off-chain data is stored on-chain for verification using 'sparse state trees'. This innovative approach could potentially make the Solana network more accessible and cost-effective for developers.

According to BlockBeats, Solana's atomic SVM Layer 2 Sonic has announced an update on June 23. Due to high demand for the Sonic testnet Odyssey event, the team is upgrading the network to enhance the on-chain user experience. During the upgrade process, some tasks and on-chain interactions will be temporarily suspended. The upgrade is set to begin at 1 PM on June 24, 2024, and will last for approximately six hours. In previous news, Solana's second-layer network Sonic completed a $12 million Series A funding round, led by Bitkraft Ventures. The funding is expected to further bolster the development and expansion of the Sonic network. The upgrade announcement comes as part of the network's continuous efforts to improve user experience and functionality.

According to BlockBeats, Mert Mumtaz, the CEO of Helius, a development platform within the Solana ecosystem, announced on June 23 that ZK compression is being introduced to Solana. The compression will take place directly on L1, eliminating the need for L2. Mumtaz stated that this move will significantly enhance the scalability of the Solana network. He further added that it represents a step towards building a financial computer - an unstoppable, global, and light-speed synchronized atomic state machine. The introduction of ZK compression to Solana is expected to improve the network's performance and efficiency, making it more robust and reliable for users and developers alike. The move is seen as a significant step in the ongoing development and expansion of the Solana network. By enhancing its scalability, Solana is positioning itself to handle a larger volume of transactions and data, thereby improving its overall utility and value within the blockchain ecosystem. This development is expected to have a positive impact on the Solana network and its users, as it continues to evolve and adapt to the changing needs of the blockchain industry.