Each week I try to compile news related to Solana chain. And today again I wish to cover this. So here's the update on the Solana market and the blockchain.
Oro gold app has managed to get the holding of the yield generated gold on the Solana chain through app.
OnRE finance which is deployed on the Solana has managed to cross the ONyc fund in $40M AUM.
People who invested into the Solstice finance which is a centralized finance firm has given the distribution rewards. USX rewards are going to be distributed every week or so.
Bitwise has their ETF approved and their cash inflow is reaching $86.3M in inflows. Which goes to show that the solana is going strong each week with the investment that is happening lately. So this is a good start on the govt and institutional investment into the Solana.
That's it for the week. There are many other things going on in Solana and Ethereum world. I would be covering them as they arrive. Also the gaming on blockchain is something I wanted to cover but not a lot of takers anymore and the GameFi market has been cold for years now. So in near future on those.
If you like my content, pleases do give me a follow on X/twitter, I post code, development and blockchain development content there, not news but tech content.