News linked to both this project and an event.
B.AI, a cutting-edge financial infrastructure platform for the AI era, has officially launched deposit functionality for $HTX and $WBTC. Following this upgrade, users can now perform seamless operations via TRON, Ethereum (supporting WBTC and HTX), and BNB Chain (supporting HTX). B.AI’s ecosystem now fully covers eight major public blockchains—TRON, BNB Chain, Ethereum, Base, Arbitrum, Optimism, Polygon, and Solana—and supports up to 15 core crypto assets. B.AI remains committed to breaking down cross-chain asset barriers, enabling users—regardless of their preferred network or asset—to enjoy lightning-fast, secure, and frictionless account and payment experiences.
Odaily Odaily News: Flipcash, an app created by Kik founder Ted Livingston, has launched a native stablecoin USDF on Solana, based on Coinbase's "Stablecoin as a Service" platform.According to reports, USDF is pegged 1:1 to the US dollar and fully backed by USDC. Coinbase handles issuance, reserves, and compliance matters. Flipcash has become the first application to use the Coinbase stablecoin-as-a-service platform.It is understood that USDF will primarily be used for cash-like payment scenarios within the Flipcash app. Flipcash is a digital payment application built on Solana, allowing users to create and trade "community currencies" with a fixed supply.Coinbase launched its stablecoin-as-a-service platform in late 2025, aiming to help enterprises issue branded stablecoins without needing to build their own infrastructure. (The Block)
Odaily Y Combinator has launched the YC Crypto Deals program to help startups secure grants, Gas fee credits, and crypto infrastructure support from partners such as the Solana Foundation, QuickNode, Helius, and Phantom.
USDF, a custom stablecoin on the Solana blockchain jointly launched by Coinbase and Flipcash, has gone live. It is part of the "Custom Stablecoins" initiative, enabling businesses and protocols to easily issue their own branded USD stablecoins for payments, payroll, cross-border settlements, and more, while maintaining regulatory compliance.
According to The Block, crypto market maker Wintermute has launched Armitage, a DeFi treasury curation platform offering non-custodial treasuries tailored to varying risk appetites to access decentralized lending opportunities. Wintermute stated that, leveraging its market-making operations and liquidation execution capabilities, Armitage can accept “collateral types unsupported by other curators.” The announcement notes that user deposits require no KYC, and users retain full control over their funds. As institutions continue to deploy treasury strategies on Ethereum-based Morpho, Solana-based Kamino, and others, treasuries are becoming a key tool for institutional participation in crypto markets.
Odaily Planet Daily reported that Pump.fun will launch a new token USDC pairing feature on May 21, and existing SOL-based pairings will not be affected by this change. Since its launch in January 2024, it is estimated that at least 5.07 million SOL has been locked in liquidity pools, valued at $430 million.According to on-chain data, over $382 million has been allocated for PUMP buybacks, removing 37.9% of the circulating supply from the market and offsetting 13.4% of the total supply. (solanafloor)
Bitget Wallet has announced the completion of its RWA trading upgrade and integrated xStocks as a new source of tokenized stocks, providing users with global tokenized stock trading capabilities. From May 19 to June 14 (Beijing time), Bitget Wallet users who complete tiered trading tasks can receive up to $264 in rewards, with a total prize pool of $100,000. Additionally, users who hold, add liquidity to, or participate in the lending market for any xStocks token will receive a 20% exclusive xPoints bonus.Through this upgrade, users can now trade over 300 types of RWA tokens across Ethereum, Solana, and BNB Chain, covering various assets such as US stocks, ETFs, oil, precious metals, and country indices. The service supports 24/7 trading, low transaction fees, and gas-free execution, with trading starting from $0 and no minimum threshold requirement. Currently, Bitget Wallet supports a dual RFQ + AMM trading mechanism, enabling instant execution and effectively reducing spread slippage. It has also integrated AI market signals to assist in trading decisions.xStocks is developed in collaboration between Kraken and Backed. Its tokenized stock products adopt a 1:1 full collateral mechanism with underlying assets. Since its launch in June 2025, the platform has processed a cumulative trading volume exceeding $30 billion. This integration will further advance Bitget Wallet's "Everyday Finance, Onchain" strategy, aiming to enable users to conduct daily trading of traditional financial assets through on-chain wallets, breaking down the geographical and entry barriers imposed by traditional financial infrastructure.
Anza, a core Solana development team, announced that it has recommended Solana mainnet validators upgrade to Agave 4.0. This release includes XDP for Turbine, TPU transaction ingestion exclusively over QUIC, faster replay stages, and a suite of feature-gated SIMD instructions set to activate during this cycle. Production environment results from large mainnet validators show Turbine retransmission latency has dropped from 600 ms to approximately 0.8 ms. Additionally, UDP-based transaction ingestion has been removed, making QUIC the sole transaction submission method; simple vote transactions now follow the same cost model as regular transactions. Features including p-token, Stake Program v5, SBPFv3 program support, pre-funded account creation, and BLS12-381 system calls will also be enabled during the 4.0 cycle.
B.AI has officially integrated into the Solana ecosystem, comprehensively upgrading its cross-chain login and payment capabilities. Users can now log in with one click via MetaMask and Phantom wallets and top up or subscribe using SOL, USDT, USDC, or WBTC on the Solana network. B.AI now supports eight major public blockchains—TRON, BNB Chain, Ethereum, Base, Arbitrum, Optimism, Polygon, and Solana—building a more open and decentralized multi-chain AI economy. New users enjoy an exclusive limited-time welcome offer: 500,000 points upon first login, a 1:1 bonus on top-ups, and up to an additional $100 worth of points per user. Going forward, B.AI will lower entry barriers and expand asset options to help you seamlessly enter the new era of intelligent economics.
the Solana validator client Firedancer, developed by Jump Crypto, is now officially running on the Solana mainnet and has started producing blocks.Firedancer Lead Engineer Ritchie Patel stated that over the past few months, the client has processed tens of millions of transactions. However, the team is currently adopting a gradual deployment strategy and has no plans for a large-scale public rollout. Patel noted that until all security audits are complete, upgrading more than half of the network's validators simultaneously would pose significant risks.Firedancer is an independent validator client developed by Jump Crypto for Solana, aimed at enhancing network performance and reducing the risks associated with reliance on a single client. Patel indicated that the project's architecture draws from traditional high-frequency trading systems, with the goal of bringing blockchain performance closer to that of conventional financial market infrastructure.Additionally, the team has recently concluded a public security audit competition with a total prize pool of $1 million. According to Patel, with Firedancer's gradual deployment, the Solana network's stability during high-concurrency scenarios such as meme coin and NFT trading has already seen a notable improvement. (CoinDesk)
According to an official announcement, an additional $50 million in USDG lending capacity is now live on the Ethena market. Leverage USDe Multiply positions on Kamino are currently generating over 25% APY, and the newly available liquidity will support further looping demand on Solana.
According to Russian financial media RBK, the Moscow Exchange is in discussions with multiple brokers regarding cryptocurrency trading solutions. It is currently testing a 7×24全天候 trading model and digital asset deposit/withdrawal functionality, and plans to launch dedicated cryptocurrency accounts. However, due to constraints imposed by the clearing system’s operating hours, round-the-clock trading is unlikely to be implemented in the short term. Meanwhile, Russia’s “Digital Currency and Digital Rights Bill” has passed its first reading. The bill stipulates that Russian citizens may only purchase cryptocurrencies through licensed intermediaries, and that listed cryptocurrencies must meet stringent criteria—including an average market capitalization exceeding 5 trillion rubles over the past two years, an average daily trading volume exceeding 1 trillion rubles, and a trading history of at least five years. In practice, only major cryptocurrencies such as Bitcoin, Ethereum, and Solana meet these requirements.
Lucas Bruder, co-founder and CEO of Jito Labs, stated the crypto market is entering a "new phase": more and more on-chain users no longer consider themselves "crypto traders," but rather ordinary traders looking to trade various assets.Jito Labs plans to launch a trading terminal called JTX this summer, targeting "professional retail" users and supporting spot, futures, and prediction market trading. This signifies that Jito will extend its reach from Solana's underlying infrastructure to consumer-facing products.Bruder believes that Solana has proven its ability to handle large-scale trading activity following the memecoin surge in 2024, attracting new users with its low costs and high speed. He also indicated that as Wall Street assets gradually move on-chain, Solana has the potential to become the entry point for more mainstream traders into the on-chain market.
According to The Block, Forward Industries, the treasury company of Solana, released its Q1 2026 financial report, reporting quarterly revenue of $13 million—a 319% year-on-year increase—primarily driven by SOL staking rewards. However, the company recorded a $201.7 million digital asset loss and an $85.1 million crypto-asset impairment, both stemming from the decline in the fair value of its SOL holdings (SOL fell 33.7% during the quarter), resulting in a net loss of $283.1 million—far exceeding the $1.5 million net loss reported in the same period last year. As of the end of March, the company held approximately 7.04 million SOL and had accumulated 201,200 staking rewards, nearly all of which remained staked. Additionally, in March, the company signed a loan agreement with Galaxy Digital, drawing an initial $40 million, while simultaneously advancing cost-cutting initiatives and share buybacks (reducing basic share capital by 7.4%).
TownSquare, an infrastructure platform focused on institutional yield and cross-chain lending brokerage services, has announced a $100 million USD1 token liquidity program—a strategic initiative designed to bring institutional-grade and cross-chain yield opportunities to a broader user base via World Liberty Financial’s USD1 stablecoin and institutional yield strategies. Previously, TownSquare collaborated with the World Liberty Financial DeFi team to integrate the USD1 token onto Monad, a high-performance EVM-compatible chain, and received official incentives from the Monad Foundation. The team stated that this new liquidity program marks TownSquare’s continued commitment to expanding DeFi’s real-world applicability and delivering institutional strategy yields to more assets. Currently, the project’s official website has launched its cross-chain lending functionality, while its yield vault product is listed as “Coming Soon.” According to official information, the project has previously completed a funding round backed by Monad, a16z, Aptos, Solana Bonk, and other U.S. and European angel investors and VCs. The founding team includes alumni from Coinbase, Meta, Accenture, and market-making firms. Details about the project’s next funding round have not yet been disclosed.
Odaily Odaily News Gate Research recently released its "April 2026 Cryptocurrency Market Review" report, indicating that the overall cryptocurrency market saw a volatile upward trend in April, with total market capitalization significantly higher than in March. BTC and ETH ETF trading volumes maintained high volatility overall. The report shows continued divergence in activity across major public chain ecosystems. Solana's daily transaction volume remained in the range of approximately 90 million to 110 million transactions, maintaining its leading position.Regarding trending sectors, the report notes that Pokemon TCG RWA has become one of the fastest-growing on-chain RWA sub-sectors, entering a second explosive growth phase in April. Major trading platforms saw monthly trading volumes exceed $220 million, with weekly revenue briefly approaching $6 million, setting new historical records. Meanwhile, Aave experienced its most severe liquidity crisis ever in April, with TVL outflows reaching tens of billions of dollars within a few days and net outflows exceeding $9 billion for the entire month.In terms of fundraising and security incidents, the Web3 industry completed 51 financing rounds in April, totaling approximately $834 million, with capital further concentrating on leading financial and infrastructure tracks. Among these, Payward ranked first for the month with a $200 million financing round. On the security front, Web3 security incidents in April resulted in losses of approximately $306 million, a month-over-month increase of about 858%, primarily driven by a single cross-chain infrastructure attack on Kelp DAO worth approximately $293 million. The report suggests that against the backdrop of a recovering market, on-chain activity and capital liquidity are both increasing simultaneously. However, the security risks associated with cross-chain infrastructure and high-leverage protocols remain worthy of continued attention.
Bitget Wallet has announced the launch of its API management platform, now available free of charge to developers and institutional clients worldwide. The platform provides a full-stack API service encompassing same-chain swaps, cross-chain transactions, and real-time market data.Developers and institutional clients can now register for an account and apply for an API Key directly through the platform, gaining free access to Bitget Wallet's on-chain trading infrastructure without the need to build complex backend systems from scratch. Additionally, building upon its previous support for 7 public chains including Ethereum, Solana, BNB Chain, Base, and Morph, this launch adds support for HyperEVM and Hypercore. It also introduces cross-chain APIs, chain query and broadcast interfaces, and the NoGas feature, reducing transaction friction for end users. The market data API currently covers 33 public chains and over 200 mainstream tokenized stocks, and incorporates an AI risk detection module capable of identifying anomalous tokens, unusual transaction behaviors, and unstable trading routes.Built on Bitget Wallet's proprietary DEX aggregation engine, the API processes an average daily aggregated trading volume of over $20 million and carries approximately 80% of the wallet's core transaction volume. Currently, the API is deeply integrated with leading aggregators and solvers including 0x Protocol, LI.FI, CoW Swap, deBridge, Velora, and XO Swap. The launch of this management platform will further lower the barrier for developer integration, enabling more products to build everyday financial services on top of Bitget Wallet's on-chain trading infrastructure.
DeFi Development Corp. released its Q1 2026 shareholder letter and business update: The company repurchased approximately $4.4 million in principal amount of its convertible notes due July 2030 for about $2.6 million in cash, representing a 41% discount to face value. As of May 13, 2026, its SOL-per-share metric stood at 0.0670, up 108% year-on-year and up 1% from March 30; total SOL and equivalents amounted to 2,294,576, an increase of 3% from March 30. The company reaffirmed its guidance of 0.075 SOL per share for June 2026 and maintained its long-term target of 1.0 SOL per share by December 2028.
Odaily Solana infrastructure project Jupiter has announced a partnership with Bitwise to launch a dedicated USDe lending market on Jupiter Lend. This marks the first time an institutional asset management firm has participated in curating a lending market on Jupiter Lend.The market will be isolated from Jupiter Lend's existing liquidity pools to reduce the risk exposure of potential institutional capital, and will integrate the decentralized protocol Fluid to provide lending and collateral infrastructure support.This collaboration will offer users a new avenue to generate yields on USDe within the Solana ecosystem.
Ethena has announced the launch of a USDe-exclusive market on Jupiter Lend. This market is fully independent from the existing Jupiter Lend deployment, with Bitwise responsible for on-chain asset management and risk supervision, and it supports institutional participation.Users can now deposit USDe, borrow, and execute leveraged USDe strategies on Jupiter Lend. Additionally, USDe can be bridged to the Solana network via Stargate Finance.