Recently, Solana (SOL) has seen several important developments. Here are some of the most notable developments:
1. **Technical developments and partnerships**:
- PayPal announced the introduction of its stablecoin PYUSD into the Solana system, which contributed to increasing the weekly trading volume of the currency to more than $500 million, which reflects its compatibility with Solanaâs speed and security [[â]]
Circle has minted 250 million USDC on the Solana network, adding more liquidity to the Solana ecosystem [[â]]
2. **Events and initiatives**:
- A series of âSolana Hacker Housesâ events will be held in cities such as New York, Dubai, and London, aiming to bring together developers and creators to exchange ideas and develop their projects on the Solana network [[â]]
The annual Breakpoint 2024 conference will be held in Singapore in September, and is expected to attract many interested people and investors in the world of blockchain [[â]]
