gm Bankless Nation, Bitcoin certainly earned the most eyeballs this week, but Solana made a splash with a number of ecosystem announcements at its Accelerate event.
gm Bankless Nation, Bitcoin certainly earned the most eyeballs this week, but Solana made a splash with a number of ecosystem announcements at its Accelerate event.
Today's Issue ⬇️
☀️ Need to Know:$TRUMP Gala Memecoin buyers get presidential treatment.
🤵 Trump Holds Memecoin Gala with Top Memecoin Investors. The black-tie event hosted at the Trump National Golf Club drew significant criticism and a number of irl protestors.
🫏 Democrats Push Bill to Stop Trump's Crypto Efforts. Rep. Maxine Waters introduced the bill, named the “Stop TRUMP in Crypto Act of 2025.”
🔴 SEC Acknowledges Application for Staked Tron ETF. Canary Capital's Staked TRX ETF filing gets an acknowledgment from the SEC as the agency continues to delay crypto application approvals.
📸
Daily Market Snapshot: Crypto and TradFi markets were rattled Friday after Trump ratcheted up his tariff rhetoric, threatening the EU with 50% tariffs. BTC fell back to $108K and ETH sank 4%.
Solana Accelerate 2025, currently taking place in NYC, has witnessed a packed house, a week of shipping, and a slate of announcements that showcased how Solana builders are thinking about the future of the chain.
It also just so happened to coincide with a nice, green week for the markets, as Bitcoin ticked upwards, lifting the entire crypto mood.
Here’s what has stood out so far this week 👇
🏔️ Anza Makes Waves
In the biggest technical reveal of the week, Anza, a Solana Labs spinout, proposed a new consensus protocol called Alpenglow.
Instead of requiring two-thirds of stake to finalize blocks (as BFT systems do), Anza is introducing:
Votor – a voting protocol where just 60% participation is enough for finality
Rotor – a refined, lower-latency way to disseminate data across the network
What does this mean? If adopted, Alpenglow could give Solana sub-200ms block finality – on par with traditional web infra and leagues ahead of most other L1s. The update excited many in the Solana community, though it also drew some critiques over centralization concerns.
Another big win: Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is now live on Solana mainnet.
That means Solana apps can now securely move data and tokens between Solana and 57+ other chains, unlocking access to $19B in cross-chain assets.
This is a massive unlock for DeFi protocols, stablecoin bridges, and tokenized RWAs moving into the Solana economy.
Chainlink CCIP is officially live on @solana mainnet, supercharging the growth of Solana DeFi by unlocking access to $18B+ of Assets.https://t.co/UOjGROb3MH
Solana devs now have access to the standard for cross-chain interoperability, joining Data Feeds and Data Streams… pic.twitter.com/jGYtigIgVJ
Farcaster, the decentralized social network built on Optimism, officially added Solana support – a big move for ecosystem interoperability – and one that brings Mini Apps into the Solana ecosystem.
Farcaster now supports Solana!
– Starting today, wallet and mini apps work with Solana – Swap into any Solana token with instant bridging – Fund $10 of SOL to increase your chance for upcoming airdrops from Solana teams pic.twitter.com/gc2fGUqp4D
Earlier today Crypto made it to the Hill… or rather, the Hill came to crypto.
Senator Bill Hagerty, Senator Rick Scott, and Representative French Hill all took the stage to discuss the current state of U.S. crypto regulation with Solana Institute's Kristin Smith.
Their presence signaled that Solana is no longer just a tech or culture play—it’s now a force in policy circles too.
Unlock the power of Unichain – a fast, decentralized Ethereum Layer 2 network built to be the home for DeFi and cross-chain liquidity. To bridge tokens to Unichain and start swapping today, get started with Uniswap Labs’ web app or mobile wallet.
Not financial or tax advice. Bankless content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
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