Author: Lila, BlockBeats
The fourth Breakpoint was held in Singapore from September 20 to 21. In addition to the main venue, the conference also held more than 40 peripheral activities. Many well-known ecosystem project founders, including Bybit CEO Ben Zhou, OKX Chief Innovation Officer Jason Lau, Circle CEO Jeremy Allaire, and Visa Crypto Director Guy Sheffield, attended the conference.
The Breakpoint Conference is the largest and most influential conference in the Solana ecosystem, carrying the entire Solana ecosystem's expectations for information exchange on value judgments, future directions, and wealth codes. Following TOKEN2049, Breakpoint will continue the Web3 craze in Singapore, providing an unparalleled stage for developers and enthusiasts of the global Solana ecosystem, and promoting the innovative development and cross-field cooperation of the Solana ecosystem.
It is worth mentioning that the fermentation time of Breakpoint last year was almost highly consistent with the explosive pull cycle of SOL. Will Solana repeat last year's explosive plot this year? In addition, the latest news shows that the next Solana Breakpoint will be held in Abu Dhabi from December 11 to 13, 2025, which is also exciting.
BlockBeats followed and reported on the conference in real time. Here are the hot developments:
September 21
Jambo launches Jambo Phone 2, still priced at $99
On September 21, Web3 phone Jambo announced the launch of Jambo Phone 2 at Solana Breakpoint, integrated with Solana, still priced at only $99 and supporting shipping to 128 countries/regions.
Jambo Phone 2 comes with Jambo GPT, and users who own both Jambo Phone 1 and 2 will receive rewards from Jambo ecosystem partners.
Sanctum is launching Creator Coins, Cloud Cards, and Wonderland Season 2
On September 21, Solana ecosystem LST protocol Sanctum Co-Founder FP Lee announced at the Solana Breakpoint conference that he would launch "Creator Coins", allowing anyone to build, develop and profit from their communities.
Sanctum will also work with BasedApp and Jupiter to launch the world's first SOL card "Cloud Card", which will support users to use SOL and stablecoins in more than 100 countries. At the same time, it also announced that Wonderland Season 2 will also be launched.
Re-staking protocol Solayer will launch yield stablecoin SUSDC
On September 21, Solana ecosystem re-staking protocol Solayer announced at the Solana Breakpoint conference that it will work with OpenEden to launch the yield-generating stablecoin SUSDC.
As previously reported, on August 28, Solayer completed a $12 million seed round of financing, led by Polychain Capital, with participation from Big Brain Holdings, Hack VC, Nomad Capital, Race Capital, ABCDE, and Arthur Hayes' family office Maelstrom. This round of financing brought Solayer's valuation to $80 million.
Solana Validator Client Firedancer Now Live on Mainnet
On September 21, Firedancer blockchain and protocol engineer Liam Heeger announced at Solana Breakpoint that Firedancer, the Solana validator client developed by Jump Crypto, is now live on the mainnet (non-voting mode).
Parallel founder: Survival simulation game Colony plans to conduct closed testing in early 2025
On September 21, the founder of Parallel spoke at the Solana 2024 Breakpoint conference and said that the survival simulation game Colony plans to conduct closed testing in early 2025. In addition, Colony has also been optimized for Solana phones.
Coinbase plans to bring cbBTC to Solana
On September 21, Hassan Ahmed, head of Coinbase Southeast Asia, announced at today’s Solana Breakpoint 2024 conference that Coinbase plans to introduce its cbBTC token into the Solana ecosystem. This move aims to promote the integration of Bitcoin and high-performance public chains.
September 20
Sky Co-creation: Plans to introduce Sky to the Solana network and launch a 2 million SKY incentive plan per week
On September 20, Rune, co-founder of Sky (formerly Maker), said that at the Solana 2024 Breakpoint conference, a proposal to be submitted will be presented, planning to introduce Sky to Solana.
The program will use Wormhole to bridge SKY, USDS, and s USDS, and distribute 2 million SKY per week to Solana DeFi protocols that integrate USDS and SKY through an incentive program.
Circle CEO: Will launch AI agent function in cooperation with Solana in 2025
On September 20, Circle CEO Jeremy said at the Solana Breakpoint Conference that in 2025, they will work with Solana to launch AI agents to ensure the flexibility and security of infrastructure such as wallets, improve the speed and stability of APP interactions with protocols, and reduce transfer costs. Jeremy also mentioned in his speech that USDC currently supports 15 chains, the total transaction volume of CCTP exceeds 12.6 billion US dollars, and has expanded to more than 100 countries.
Market News: Franklin Templeton plans to launch mutual funds on Solana
On September 20, at today’s Solana Breakpoint conference, it was announced that Franklin Templeton, which manages $1.3 trillion in assets, plans to launch a mutual fund on Solana.
Phantom announces embedded wallet to help developers simplify new user registration process
On September 20, Phantom announced the launch of an embedded wallet at today’s Solana Breakpoint conference to help developers simplify the new user registration process.
It is reported that the embedded wallet does not require a mnemonic phrase, and users only need an email address and a four-digit PIN code to create a secure self-hosted account. The wallet is fully functional, including Swap, checking balances, monitoring transactions, etc.
BlockBeats previously reported that Phantom announced the acquisition of Bitski, an NFT platform backed by a16z, in late May this year. As part of the transaction, Phantom will bring "embedded wallet" functionality to Solana to simplify the process. This is Phantom's first acquisition.
Solana's independent verification client Frankendancer is officially launched on Solana mainnet
On September 20, Kevin Bowers, chief scientist of Solana’s independent verification client Firedancer, demonstrated the operation of Frankendancer on the mainnet at the Solana BreakPoint conference. In addition, Frankendancer uses a hybrid validator client that is part Firedancer and part Agave.
Jupiter announces acquisition of DEX aggregator Coinhall
On September 20, Jupiter co-founder Siong Ong announced at the Solana Breakpoint event in Singapore on Friday that in addition to the blockchain browser Solana FM, Jupiter has also acquired Coinhall, the number one DEX aggregator on Cosmos.
Coinhall is an on-chain trading terminal that provides swap services between decentralized trading platforms on the Solana and Cosmos blockchains. According to Ong, Coinhall has more than 225,000 users on 23 chains.
X also has KOLs and investment research institutions who personally participated in the Solana Breakpoint conference and summarized the key points of the conference. BlockBeats compiled and reproduced them as follows:
Sam Morris - Ghostwriter
Solana Breakpoint 2024 is here as planned.
Over 5,000 developers, investors, and enthusiasts gathered in Singapore to explore the latest innovations happening on Solana. Keynotes, debates, and fireside chats on two main stages, from Curve Left to Curve Right.
Let's uncover the excitement of Breakpoint together.
Important Announcement
Firedancer Client: The introduction of the Firedancer client to the mainnet will enhance Solana’s scalability and performance. This upgrade will reduce transaction times and increase network throughput.
Improvements to Proof of History (PoH): The session delved into the continued progress of the Proof of History consensus mechanism, highlighting its role in maintaining the network’s high transaction speeds and security.
Jupiter Mobile: Jupiter Mobile is officially launched, aiming to attract millions of users to join the Solana ecosystem. This mobile platform will offer zero transaction fees and allow users to purchase $SOL through Apple Pay, Google Pay or credit card. The platform also provides a one-click exchange function to simplify cryptocurrency transactions.
Ape Mint Protocol: Jupiter also launched the Ape Mint protocol, which allows users to create and issue Memecoin on the Solana blockchain. Ape Mint’s transaction fee is set at 0.5%, which is competitive with other platforms such as Pump Fun, which charges 1%. The protocol supports Google login and is optimized for mobile.
Focus on DeFi
MEV & DeFi Day: A full day of events focused on Maximizing Extractable Value (MEV) in DeFi. Speakers from major DeFi projects like Drift Protocol and Helius Labs discussed how MEV impacts trading strategies and liquidity on Solana.
Community Building Program
Block Zero Summit: This event brings together validators and community members to discuss the future of the Solana decentralized ecosystem and how to increase community engagement.
DRiP Haus Event: Focused on creators and collectibles, this event highlighted the importance of NFTs in the Solana ecosystem, showcasing new tools and platforms for creators to use.
Key partnerships
Franklin Templeton: The firm, which manages $1.3 trillion in assets, announced plans to launch a mutual fund on the Solana network, giving both institutional and retail investors access to Solana assets.
Societe Generale Forge: This collaboration aims to launch a stablecoin (EUR) pegged to the euro and compliant with MiCA regulations on Solana.
Citibank Collaboration: Hints at a possible collaboration that will drive seamless transactions and advanced smart contract applications on the Solana network.
Summarize
Solana is no longer just hype. It is now a real competitor in the blockchain space. With the Firedancer client live on mainnet, competitors will be hard to match, and those downtime incidents will never happen again. Is Solana already a real Ethereum killer?
Original link
Chip the Researcher | HC Capital
Solana Breakpoint 2024 News Highlights
Breakpoint 2024 has just concluded, so let’s take a look back at the most noteworthy highlights.
1. Firedancer is officially launched
The Firedancer client is now live on the Solana mainnet! In a live demo, Firedancer processed up to 1.04 million transactions per second — impressive numbers, right? With this event, Solana’s “mainnet testing phase” has officially come to an end.
2. Jupiter Exchange releases major update
Metropolis API: Provides the most comprehensive list of tokens with real-time price and liquidity data.
Jupiter RFQ: Partner with Solana’s top market makers to enhance liquidity.
Jupiter Perps v2: More efficient management of community liquidity and risk.
· Dove Oracle Standard: Provides gas-free transactions, significantly improving performance.
Jupiter Mobile App: Attracting millions of users with 0% exchange fees.
ApeJupiter Pro: No seed phrase required, and the fee is only 0.5%.
· New projects: LF G V2, FOX and G.U.M. are under development.
3. Solana mobile phone SEEKER released: SEEKER has been officially released, but unfortunately the prototype has not been displayed at the event. Let's look forward to experiencing it in person!
4. PayPal’s affirmation: PayPal said: “Solana is more suitable for payments than Ethereum.” This is a strong affirmation from PayPal.
5. Phantom Wallet: Just launched an integrated wallet that supports login via email and PIN, making it easier than ever.
6. Franklin Templeton: The giant, which manages $1.3 trillion in assets, announced that it will launch a mutual fund on Solana.
7. Citibank: is studying the migration of funds and smart contracts to Solana.
8. Coinbase: Plans to launch native cbBTC on Solana.
9. Tensor NFT Marketplace: Launched Vector.fun and fully opened the source code of Tensor development tools.
10. Magic Eden: Shared more information about the upcoming $ME token and new cross-chain transaction capabilities.
More exciting news:
· Bonk Inu: Launched $BONK ETP in the United States.
Render Network: Moving 60% of assets from Ethereum to Solana.
Kamino Finance: Announced the launch of new spot leverage functionality.
Sanctum: Launched “Creator Coins” and the world’s first physical SOL card.
Pyth Network: Introduced Oracle Integrity Staking (OIS).
Solayer Lab: Launched a re-staking protocol for $SUSDC.
Zeus Network: Released Zeus Scan.
Zeta Markets: Demonstrated Solana’s first L2 solution.
Hivemapper: Sells data to three of the top ten map-making companies in the world.
Iggy Azalea: Launched Motherland, a crypto casino using $MOTHER tokens.
Backpack: Partnered with StraitsX to launch payment system in Singapore.
Audit Wizard: Developed the open source analysis tool Radar.
Arcium: Plans to build a global supercomputer that harnesses Solana energy.
Fuse Wallet: Launched Fuse Pay, a virtual Visa card for stablecoin payments.
Societe Generale: Launched the first MiCA-compliant EUR stablecoin on Solana.
Renzo Protocol: Launch of ezUSDC.
Reown (formerly WalletConnect): Expanding to Solana and introducing the WCT token.
Huma Finance: Connecting its PayFi network to Solana.
Helio Pay: Launched Blink, enabling direct payments to Shopify stores.
Soar Chain: Migrate to Solana.
Marinade Finance: Partnership with Zodia Custody.
Sky Ecosystem: Launch of $USDS SPL stablecoin.
Streamflow: Plans to launch permissionless staking tokens in October.
