PayPal USD (PYUSD) is now available on Solana, the company announced at Consensus 2024 in Austin, Texas. The news brings the Solana network’s speedy finality and low cost to PayPal’s trusted stablecoin product, allowing users and developers to experience low-cost payments that settle in seconds, not minutes, hours, or days.

“The Solana network’s speed and scalability make it the ideal blockchain for global financial institutions, like PayPal, to create new payment solutions that are accessible,

The issues with legacy payment rails are well-known. They tend to be slow and expensive, involve too many intermediaries, require complicated arrangements such as pre-funding and liquidity requirements, and exclude the unbanked around the world. These faults are only exacerbated with cross-border transactions. 

PayPal USD (PYUSD) is a stablecoin that combines the payments expertise of PayPal with the technical expertise of the Solana blockchain. Previously only available on Ethereum, PYUSD has

Developers looking to get into Solana development who already know Rust have a great head start. Rust is an officially supported language for writing on-chain programs for Solana. However, several key differences in the language's usage could otherwise be confusing.

This article will walk through several of those differences, specifically the setup details, restrictions, macro changes, and compute limits. Additionally, this article will cover the development environments and frameworks needed t

In the ever-evolving landscape of decentralized finance and blockchain applications, developers are constantly seeking innovative platforms to meet increasing demands for scalability and efficiency. Solana is a high-performance blockchain platform known for its rapid transaction speeds and low fees. 

Brave, the privacy-focused browser with an integrated web3 wallet, embarked upon a journey to build a rewards platform directly onchain. Their goal was to compensate users with Basic Attention Toke

Singapore - May 8, 2024 - The Solana Foundation, a non-profit foundation dedicated to the decentralization, adoption, and security of the Solana network, today announced the first wave of speakers for Solana Breakpoint 2024. The speaker lineup features executives from Visa, ByBit, Circle, Helium, Fireblocks, and more.

Last year, Breakpoint hosted more than 3,000 attendees to participate in keynote talks, workshops, panel discussions, and fireside chats from some of the brightest minds in and ou

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Grand Champion

Ore, a new digital currency that enables anyone to mine using a novel proof-of-work algorithm on the Solana blockchain, received the Grand Prize of $50,000 USDC, along with passes to attend Breakpoint 2024 in Singapore, Sept. 19-21.

Consumer Apps Track

The first prize goes to Banger.lol, a marketplace for trading tweets and supporting creators, with an award of $30,000 in USDC. 

Additional prizes went to:

Second: Wootz Browser

Highlights

Photo Finish™ LIVE is a blockchain-based horse racing game that utilizes the Solana blockchain to facilitate fast, low-cost transactions. 

The game offers real-time virtual racing and real money experiences, along with a user-driven ecosystem that fuels exciting horse breeding mechanics and an innovative economic model. 

In 2023, the company launched a multi-year partnership with Churchill Downs and The Kentucky Derby.

Utilizing blockchain, players can earn and spend both in-game

Highlights

Solana Mobile recently used Helio’s Solana Pay x Shopify plugin to support the release of their Chapter 2 mobile device — and saved over $1,000,000 in fees compared to traditional payment methods.

The Solana Pay x Shopify plugin is managed by Helio, a Solana-first web3 payments platform that makes it easier to accept crypto payments.

The plugin merges the speed and efficiency of crypto payments with Shopify’s extensive market and offers low-fee, fast, real-time settlements in USDC,

A robust community of independent validators forms the backbone of the Solana network. As a permissionless network, anyone can run a validator node at any time, for any reason. This idea is the keystone to the entire concept of a decentralized network: All are welcome, for any reason. It’s what the Solana community should strive for.

At the same time, the Solana Foundation strives to support this community-led network while encouraging high performance, decentralization, and secure node operati

Making the move from EVM to SVM (Solana) requires understanding several key differences between the virtual machines. This article will walk through several of those differences, including accounts, fees, transactions, smart contracts (programs), and more. It will also explore developer setup including tooling and SDKs. 

By the end, developers will have the knowledge needed to start their Solana journey.

Understanding the Core Differences 

To start, let’s look at the most significant differen

Highlights

Homebase, leveraging the Solana blockchain, successfully tokenized a $235,000 single-family rental property in South Texas in March 2023.

The platform raised $246,800 in just two weeks from 38 investors through the sale of NFTs tied to the physical real estate asset.

The Homebase model is meant to broaden participation in real estate investments. Of Homebase’s 76 total investors between both homes, roughly 78% are non-institutional. There was a minimum $500 threshold to invest and

The Solana ecosystem is moving forward — fast.

The Solana Foundation is pleased to announce that tickets to Breakpoint 2024 are now on sale, running 20-21 Sept. 2024 in Singapore.

The annual gathering of the worldwide Solana community brings developers, artists, business leaders, and users together for an event that brings the distributed Solana ecosystem to life. Breakpoint 2024, the fourth annual event and the first in Asia, will occur at Suntec Singapore in the city’s central business distr

“I come from Latin America, from a small town. I have seen what it is to have a broken financial system,” says Fernanda Orduña Rangel, cofounder of Decaf. “So when I saw this new technology, it was very clear how I could use blockchain to solve a problem that I have experienced, one that I know exists not just in my town, but everywhere.” 

Decaf is a wallet built on Solana that provides financial freedom for people all over the world — especially in places with unstable economies that are not i

DePIN — or decentralized physical infrastructure networking — represents one of the fastest growing sectors in web3, one that is already impacting people’s everyday lives in the real world. DePIN networks leverage incentives to motivate people all over the world to collaboratively provide infrastructure that powers everything from computer rendering to EV charging to telecommunications networks. 

Case in point: Helium is building the world’s fastest growing decentralized wireless network. It’s

“My belief is the user experience of the internet is broken, but it doesn’t have to be that way,” says DRiP co-founder and CEO Vibhu Norby. He’s part of a generation of founders building a better way with web3 tech. “Solana is really the foundation of a new internet,” he says. “One that is owned by the people and by the apps and the things that are using it and that are built on top of it.” 

DRiP is an app for earning free collectibles like music, art, videos, and more from your favorite creato

The Solana Foundation is committed to supporting the security and evolution of the Solana network and the community of validator operators which power it. As the network and validator community continue to mature, the Foundation is also re-assessing its incentives and programs to help enable the next chapter of responsible growth. With recent changes to the Solana Foundation Delegation Program, the Foundation has determined that it is time to revisit — and rethink — testnet incentives.

Therefor

The Solana network has been experiencing extremely high usage which has tested components of the network — specifically the implementation of priority fees and the transaction scheduler, both of which play important roles in block optimization. While the network has remained stable during this period of high usage, there are a number of tools developers and operators can implement today to ensure continued high performance, as well as additional changes in the works that will be released in the