Token 2049 and Solana Breakpoint, two of the largest crypto conferences in the world, are now over. These two events brought together over 40k attendees from 300+ companies and 150+ countries.
From Iggy Azalea to Edward Snowden, these two conferences hosted an infinite number of interesting side events and exclusive parties. Now, it’s time to speak about what happened down there – announcements, news and updates.
In this article, we’ll give you the top 10 most important announcements projects gave during these conferences. Enjoy!
Top 10 Most Important Announcements
Here are the most important announcements made by some of the top crypto projects present at Token 2049 and Solana Breakpoint:
Vitalik Speech on Layer 2s
Vitalik Buterin's speech at Token 2049 in Singapore highlighted Ethereum's progress, particularly with L2 solutions.
He emphasised that L2 transaction fees have dropped to almost zero, making Ethereum more accessible. He praised Optimism and Arbitrum for enhancing security and affordability, helping Ethereum become more user-friendly.
Previously, high transaction fees were a major barrier to adoption. For example, Buterin once paid over $800 in gas fees for a single transaction. Now, thanks to L2s, fees are under $0.01, and confirmation times have improved, with transactions being confirmed in 5 to 15 seconds.
Bitget Partners With LaLiga
Bitget has partnered with La Liga, the famous Spanish football league, in a multi-million dollar deal.
This partnership makes Bitget the official crypto partner for La Liga in Eastern Asia, Southeast Asia, and Latin America. Announced at the Token2049 event in Singapore, this collaboration marks Bitget’s move into the sports sector.
Through this partnership, La Liga aims to incorporate blockchain technology, while Bitget seeks to use La Liga’s global reach to promote crypto adoption. The partnership reflects the growing link between sports and digital assets.
Solana Mobile Unveils ‘Seeker’
Solana Mobile announced its second crypto phone, "Seeker," at the Token 2049 conference. Expected to launch in 2025, Seeker will be a major upgrade from Solana's first phone, Saga, with a better battery, stronger camera, and a lighter design.
Seeker comes with a built-in crypto wallet that connects to the device's Seed Vault key storage. This integration ensures secure and smooth transactions. Solana’s first phone, Saga, faced slow sales initially, but interest surged when traders realized they could collect token airdrops worth more than the phone.
CertiK Announces Free Security Tools, Launches CertiK Ventures
CertiK announced new free security tools, Token Scan and Wallet Scan, during the “New Round, New Path” event at Token2049. These tools aim to help the Web3 community protect their assets by offering essential security features without cost. CertiK’s goal is to make Web3 safer for everyone.
CertiK Ventures, launched during this event, will invest $45 million to support emerging Web3 projects. This investment will strengthen CertiK’s role in nurturing high-potential projects across the Web3 ecosystem. With a $2 billion valuation, CertiK is currently the highest-valued Web3 security company.
Venture Trio Launches Fund for Aptos Growth
MEXC Ventures, Foresight Ventures, and Mirana Ventures have launched a new fund to accelerate growth within the Aptos ecosystem. This initiative aims to support projects building on Aptos, especially those developing essential Web3 use cases.
By focusing on projects utilizing Aptos infrastructure like Block-STM and enabling smooth interoperability with EVM ecosystems, the fund demonstrates strong confidence in Aptos’s potential.
Additionally, the Aptos Foundation has partnered with the Ignition AI Accelerator, backed by NVIDIA, Tribe, and DISG, to boost AI startups across the APAC region.
Franklin Templeton and Citi Turn to Solana
Franklin Templeton and Citigroup have announced plans to adopt Solana for their financial services. Franklin Templeton, managing $1.4 trillion in assets, plans to launch a mutual fund on Solana. Citigroup is exploring how Solana can help with smart contracts and cross-border payments.
These announcements were made at the Solana Breakpoint 2024 event in Singapore, showcasing growing interest from TradFi in blockchain technology. Solana is attractive due to its low transaction costs and ability to handle large transaction volumes, making it ideal for these financial services.
Jupiter Increases Product Line
Jupiter is expanding its product line by acquiring SolanaFM, a Solana-based blockchain explorer. This acquisition aims to enhance Jupiter's infrastructure and data capabilities, providing users with improved insights and services.
SolanaFM, launched in 2021, offers detailed data on Solana’s network, including transaction history, smart contracts, and token information. With this acquisition, SolanaFM aims to boost Jupiter’s data capabilities by tenfold, while continuing its regular operations.
Jupiter also announced a new mobile app, Jupiter Mobile, developed in partnership with MoonPay. The app will be fee-free and support payment methods like Apple Pay, Google Pay, and credit cards, making it easier for users to access Jupiter’s services.
Iotex Partners With Polygon
IoTeX, a decentralized physical infrastructure network, is teaming up with Polygon Labs to enhance its IoTex 2.0 blockchain using AggLayer. The goal is to utilize AggLayer’s cross-chain communication and liquidity sharing.
This integration will allow IoTeX-based projects to distribute rewards and enable users to settle transactions on their preferred chains. The projects explained that this partnership improves cross-chain capabilities and opens new liquidity and scaling opportunities for DePIN projects.
Celestia's First Upgrade Goes Live
Celestia has launched its first major upgrade, known as the Lemongrass upgrade. This upgrade brings several important changes to the network’s consensus layer, including Interchain Accounts, Packet Forward Middleware, and CIP-10, which simplifies future upgrades.
After testing, it will also be applied to the Mocha Testnet, with plans to upgrade the Celestia Mainnet Beta by early to mid-September. These changes will be rolled out carefully, with input from Celestia's developers and researchers.
Bonk Launches ETP
The developers behind the Bonk meme coin have announced plans to launch the first market-based ETP. This news was shared during the Solana Breakpoint 2024 event in Singapore. The Bonk team aims to launch this ETP by the end of the year, with support from Osprey Funds.
The developers believe that creating an ETP based on Bonk will not only strengthen the coin's position but also provide new opportunities for growth in the meme coin market. This initiative is referred to as a first step towards a potential Bonk ETF.
Four Things Everybody Talked About
No conference goes by without creating at least some hype content. Here are the most hyped events that happened during the Token 2049 and Solana Breakpoint:
Berachain Throws Massive Party
Berachain threw a massive party at Marquee, Singapore’s largest nightclub, attracting over 10,000 attendees despite still being in the testnet phase.
The event showcased the project's strong marketing efforts and drew many notable crypto figures, including trader Ansem. Attendees shared lively moments on X, featuring dancing to popular South Korean DJ SODA and some unexpected confrontations.
The party was such a hit that one user humorously wished Berachain would delay its mainnet launch to keep the festivities going.
Edward Snowden Gives Interesting Speech
Edward Snowden spoke at Token2049, emphasizing the ongoing issue of government surveillance. He noted that, despite changes since his exile, surveillance has become more hidden and pervasive.
Speaking virtually from Russia, Snowden shared concerns about the recent arrest of Telegram's founder, Pavel Durov, warning it illustrates efforts to control user data. He criticized Telegram's security, stating it's not as safe as many believe.
He urged developers to build resilient protocols to prevent government interference and reaffirmed his support for Bitcoin's privacy features.
Iggy Azalea Throws Another Massive Party
Iggy Azalea attended Token2049, joining her first-panel discussion on meme coins and branding in Web3. She discussed her meme coin, MOTHER, and highlighted the need for value and engagement in the meme coin space.
Iggy stressed that digital assets can enhance branding, but the brand must extend beyond just the celebrity.
After the panel, she hosted a rodeo-themed party at a strip club, which drew mixed reactions. Iggy faced criticism for the event but responded boldly on social media, furthering her marketing strategy.
Solana Firedancer Launch
The Solana Firedancer client is finally launching. Firedancer is an independent validator client developed by Jump Trading, created separately from the original Agave client.
Currently, two versions exist: Frankendancer, which is live on mainnet, and Firedancer, active on testnet. Firedancer aims to enhance decentralization and performance, potentially handling up to 1 million transactions per second.
The Solana team matched Vitalik’s creative energy, presenting the Firedancer with a wild dance that immediately went viral on X and TikTok!
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