CLARITY Act Advances, Solana Perps ATH, Alpenglow 100x & More | Solana Weekly News
This week in the SolanaFloor newsroom: Solana's perps sector is finally showing signs of life, with Phoenix and GMTrade hit all-time highs in daily volume. The CLARITY Act clears the Senate Banking Committee and heads to the floor with 71% odds of passing in 2026. Alpenglow logs a 100x finality gain in its first community cluster test. Plus: Bitwise comes onchain via Jupiter, Sanctum hits a revenue ATH, and Magic Eden bets $75M on crypto gambling.
Jack Dunham, Finn Miller, and Thomas Bahamas break it all down.
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Full stories covered in this episode:
๐ Phoenix Trade Records All-Time High in Daily Volume as Perceived Favoritism Divides Solana Community https://solanafloor.com/news/phoenix-trade-records-all-time-high-in-daily-volume-as-perceived-favoritism-divides-solana-community
๐ The CLARITY Act Just Cleared the Senate Banking Committee โ What Happens Next? https://solanafloor.com/news/the-clarity-act-just-cleared-the-senate-banking-committee-what-happens-next
๐ Sanctum $SOL-Denominated TVL and Revenue Undaunted by 2026 Market Decline https://solanafloor.com/news/sanctum-sol-denomnated-tvl-and-revenue-undaunted-by-2026-market-decline
๐ Jupiter Brings Bitwise Onchain With $200M Institutional $USDe Market on Solana https://solanafloor.com/news/jupiter-brings-bitwise-onchain-with-200-m-institutional-us-de-market-on-solana
๐ Solana's Alpenglow Logs 100x Finality Gain in First Community Cluster Test https://solanafloor.com/news/solanas-alpenglow-logs-100x-finality-gain-first-community-cluster-test
๐ Magic Eden Bets $75M on Dicey Following Wallet Shutdown and EVM Exit https://solanafloor.com/news/magic-eden-bets-75-m-on-dicey-following-wallet-shutdown-and-evm-exit
CLARITY Act Advances, Solana Perps ATH, Alpenglow 100x & More | Solana Weekly News
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$370M $PUMP Burn Backfires, $2.5B RWA ATH, Meta $USDC Payments On Solana | Solana Weekly News
$1.8T SpaceX IPO Risk, Citadel $SOL Exposure Up 760%, Perps Wars & More | Solana Weekly News
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ETF Inflows Surge, $20M BONK Blunder, Robinhood Memecoin Boom & more | Solana Weekly News
Top Solana Stories Of The Week Bitcoin ETFs recorded $772M in single-day inflows and Solana ETFs are back in positive territory after a brutal June. Solana reclaimed #1 spot for network revenue for the first time in 4 months. Solana Mobile unveiled Seeker Summer with a full Q3 roadmap. BONK DAO lost $20 million in a governance blunder. Sanctum Mobile App crossed 9,000 users in its first week โ offering up to 8% APY on your SOL. And Robinhood is now offering Solana memecoin trading to its 24M+ retail users as $CASHCAT goes parabolic. STORY LINKS ๐ Bitcoin and Solana ETFs See Inflows Again https://solanafloor.com/news/bitcoin-and-solana-etfs-see-inflows-again ๐ Seeker Summer: Here's Everything You Need to Know https://solanafloor.com/news/seeker-summer-here-s-everything-you-need-to-know ๐ $20M of Treasury Funds Lost in BONK DAO Governance Blunder https://solanafloor.com/news/20-m-of-treasury-funds-lost-in-bonk-dao-governance-blunder ๐ Sanctum Mobile App Attracts Over 9,000 Users Following Strong Launch Week https://solanafloor.com/news/sanctum-mobile-app-attracts-over-9-000-users-following-strong-launch-week ๐ Solana Reclaims No.1 Spot for Network Revenue After 4 Months https://solanafloor.com/news/solana-reclaims-no-1-spot-for-network-rev-after-4-months-as-onchain-demand-explodes ๐ Solana Memecoin Traders Flock to Robinhood โ Will It Last? https://solanafloor.com/news/solana-memecoin-traders-flock-to-robin-hood-will-it-last
Ansem Revives the Trenches, Trump's $1B+ Crypto Payday, CLARITY Falls | Solana Weekly News
Top Solana Stories Of The Week Insane week. Ansem's memecoin The Black Bull rips to $100M in 24 hours, reviving the trenches. World launches Solana-native prediction market powered by Chainlink right before the FIFA World Cup. Open Standard unveils $OUSD stablecoin backed by BlackRock, Google, Visa, Stripe, and 140+ partners, launching on Solana Day One. Grass farmers furious with Stage 2 USDC rewards. Solana quietly launches the most advanced onchain governance system in crypto. Plus wildcards: CLARITY Act odds crash to 49% and Donald Trump discloses over $1.14 BILLION in crypto income for 2025.Jack Dunham, Finn Miller, and Thomas Bahamas break it all down. STORY LINKS ๐ $ANSEM Rips to $100M in 24 Hours โ But Can It Actually 'Save the Trenches'? https://solanafloor.com/news/ansem-rips-to-100-m-in-24-hours ๐ World Launches Solana-Native Prediction Market, Powered by Chainlink https://solanafloor.com/news/world-launches-solana-native-prediction-market-powered-by-chainlink ๐ Open Standard Unveils $OUSD, a Stablecoin For the Internet Economy https://solanafloor.com/news/open-standard-unveils-ousd-a-stablecoin-for-the-internet-economy ๐Trump Reports Over $1.14 Billion in Crypto Income https://solanafloor.com/news/trump-reports-over-1-14-billion-in-crypto-income ๐ Grass Farmers Furious with Disappointing Stage 2 Rewards https://solanafloor.com/news/grass-farmers-furious-with-disappointing-stage-2-rewards ๐ Solana Launches Onchain Governance, Giving Stakers a Direct Voice in Protocol Decisions https://solanafloor.com/news/solana-launches-onchain-governance ๐ WILDCARD: CLARITY Act Approval Odds Drop to 49% as Time Runs Short https://solanafloor.com/news/clarity-act-approval-odds-drop-to-49-as-time-runs-short
Bitcoin's Worst Day in Months | $1.2B Liquidations, Is The Bottom In?
Backpack and Sunrise list tokenized Micron ($MU) on Solana for 24/7 trading right ahead of earnings โ then we run Solanaโs report card against Galaxyโs Q1 critique. Bitcoin drops to its lowest level since October 2024 as $1.2B is liquidated and fears mount over Strategyโs $STRC traders and investors are wondering if this is the bottom? Plus Arcium launches $ARX to a mixed community reaction, Solana gaming roars back with Kintara, Solstice and TensorX unveil an up-to-$1B facility to power Europeโs AI future, and MoneyGram becomes a Solana validator as the two biggest remittance firms go onchain. STORY LINKS ๐ Backpack, Sunrise to List $MU on Solana Ahead of Micron Earnings Report https://solanafloor.com/news/backpack-sunrise-to-list-mu-on-solana-ahead-of-micron-earnings-report ๐ Is This The Bottom? Bitcoin Hits October 2024 Lows https://solanafloor.com/news/is-this-the-bottom ๐ Arcium Launches $ARX Token to Mixed Community Reaction https://solanafloor.com/news/arcium-launches-arx-token ๐ Is Kintara Reviving Solanaโs Gaming Sector? https://solanafloor.com/news/is-kintara-reviving-solana-s-gaming-sector ๐ Solstice and TensorX Announce Plans for Up to $1 Billion Facility to Power Europeโs AI Future https://solanafloor.com/news/solstice-and-tensor-x-announce-plans-for-up-to-1-billion-facility ๐ MoneyGram Launches Solana Validator as Global Payments Giant Steps Into Network Infrastructure https://solanafloor.com/news/money-gram-launches-solana-validator =============== About SolanaFloor: SolanaFloor is Solana's #1 news and education source. ๐ Links ๐ ๐ Follow Jack Dunham: https://x.com/_JackDunham ๐ Follow Thomas Bahamas: https://x.com/Thomasbahamas SolanaFloor ๐ https://solanafloor.com ๐ https://x.com/SolanaFloor ๐ Newsletter: https://solanafloor.substack.com Stay ahead of the curve ๐ Donโt forget to like, subscribe, and hit the bell to stay updated on all things Solana. Visit us at solanafloor.com for more detailed articles and updates.๐