Solana Weekly丨The probability of SOL spot ETF approval has soared to 90% again; SOL has been included in the Nasdaq Index

In the past week, the Solana blockchain ecosystem has received multiple positive news.

First, Nasdaq submitted an 8-K form to the U.S. Securities and Exchange Commission (SEC), confirming plans to expand its Crypto Index benchmark from 5 digital assets to 9, including Solana's native token SOL, marking Solana's further integration into the traditional financial market and providing more channels for institutional investors to participate.

Solana ETF also ushered in major progress. The SEC requires Solana ETF issuers to submit a revised S-1 form within a week. This progress is considered an important signal for the approval of Solana spot ETF. The market expects that it may be approved as early as July. Bloomberg analyst Eric Balchunas raised the probability of approval of the Solana spot ETF from 70% to 90%, reflecting the market's optimism about the regulatory outlook.

In addition, Nasdaq-listed DeFi Development Corp announced that it had obtained a $5 billion equity financing quota to accelerate the accumulation of SOL. This move was interpreted by the market as a "MicroStrategy-style" strategic investment, highlighting the confidence of institutions in the long-term value of Solana.

In addition to the dual benefits of capital and policy, Solana's ecological construction is also advancing. The hybrid DEX incubated by Bybit announced that it will be launched on the Solana chain. Byreal combines the liquidity of CEX and the transparency of DeFi to bring innovation to the liquidity of on-chain assets. We will sort out the major updates and noteworthy events of Solana's core projects/hot projects in the past week in the following sections.

DeFi

Marinade reports that Marinade Select has added 700,000 SOL in this round, becoming the first choice for institutional stakers.
Jupiter announces full integration with Trends, providing instant token trading, AlphaScan filtering, and Launchpad screening.
Kamino launches $sACRED, the first RWA lending market on Kamino, allowing users to borrow $USDC and $USDG at 9% APY by sACRED.
Drift announces that dfdvSOL is now live on its platform.
Jito announces new JitoSOL/SOL standalone pool now live on Drift.
Meteora announces partnership with subs.fun team to enhance Meteora DBC experience.
JPool launches new direct staking interface with detailed validator dashboard and real-time profit calculator to help make smarter staking decisions.
Saros reaches $100 million total staked value milestone.

RWA

Parcl Labs launches referral program, offering rewards for sharing housing insights through unique links to earn premium research funds.
Usual proposes to use Lido's wstETH as the first collateral for ETH0 synthetic assets, obtaining ETH staking income through blue chip collateral.
Maple Finance announced that it now accepts mSOL as collateral for institutional loans.
Ondo Finance announces partnership with Chainlink and J.P. Morgan’s Kinexys to connect bank settlement infrastructure to Ondo Chain.

AI/DeFAI/AI Agents

Virtuals announces introduction of AI agents to Ethereum blockchain.
TARS AI announces extended institutional partnership with Uphold, giving TARS AI access to Uphold’s global network to promote $TAI growth.
Hey Anon announces Build 1.5 with Binance API integration, Raydium Launchpad creation capabilities, and UX improvements.
Orbit announces the completion of a buyback of approximately $250,000 in $GRIFT, fulfilling its commitment to use 30-50% of protocol revenue for buybacks.
The Hive launches new pages, providing wallet-free access to Hive outlook, proxy explanations, real-time data and token analysis.

DePIN/Infra

The Graph launches Graph Token API Beta on Avalanche, giving Avalanche developers access to full Token API functionality.
Roam launches $40,000 ROAM giveaway through community bounty program, providing rewards for content creation and social engagement.
Helium Mobile launches $5/month Sprout kids plan with 3GB data, unlimited calls and texts, parental controls, and 5G coverage.
Aethir launches Aethir Tribe, a new MicroKOL initiative that rewards community members while building a decentralized future.
DIA announces upcoming $DIA mainnet staking to power trustless, fully verifiable on-chain oracles.
sns.sol announces launch of mini-app on Warpcast, becoming one of the first Solana apps to integrate with Farcaster.
Wormhole announces integration of Circle’s CCTP V2, enabling native USDC transfers to Sonic via Wormhole Portal.
Sonic SVM launches enhanced $SONIC token value accumulation mechanism, switching from destruction to purchase lock system to strengthen the liquidity of the protocol.
NATIX Network announced that 43.7 million $NATIX was destroyed in May, setting a record for the highest destruction of currency value. DIA announced the deployment of an oracle on the Base mainnet, driven by Lumina.

Game/NFT/SocialFi

Metaplex launches new CLI, providing faster and simpler token and NFT creation and management, enhancing the developer experience.
Ledger launches new NFT experience powered by Magic Eden in Ledger Live.

Potential Projects

Chainstack now supports Unichain.
Spice AI partners with Databricks to extend operational data and AI capabilities to real-time applications and agents.
Exponent announces partnership with DeFi Dev Corp, dfdvSOL is now available on Exponent.
time.fun launches "Priority Tips" feature, users can add tips to messages to make their content appear at the top of the creator's inbox.