This week in Solana (Feb 9th-16th 2025)

The weekly news in Solana Feb 9-16th 2025 - all X handles listed

Lulo (@uselulo) introduced Lulo Protect (around 4.5%) vs Defi market prices (9-10%) and re-did their dashboard completely. Any money in the protected plan is guaranteed in case of an event by the people in the Boosted program. To use Lulo like it was before, you can stay in “custom”

VanEck predicts Solana (SOL) could hit $520 by the end of 2025, citing its growing market share among smart contract platforms

@JupiterExchange   launched a beta program for Saga owners to finally be able to use Jupiter Wallet on the Saga.  It previously wouldn’t work with a seed vault.  My guess is they are testing it in anticipation for the Seeker which also will use a seed vault, to make sure they iron out the kinks.

MarginFi (@marginfi) has launched borrowing against native/vanilla staked SOL with certain validators

Virtuals (@virtuals_io) has joined Solana. You can Buy, trade and create AI Agents now at http://app.virtuals.io

Soylayer (@solayer_labs) http://claim.solayer.foundation airdrop claims are open for $LAYER

Jupiter @JupiterExchange) announced there are 8 new governance votes coming up (@jup_dao) and a 50% buyback program that will lock up $JUP tokens for 3 years

​​Solana decentralized exchange volumes above $60 million in Feb so far – almost 2x of Ethereum. Solana’s on-chain revenue is currently near $25 million (versus $16 million for Ethereum)

Meow (@Meow) is allowing business bank accounts to send and receive USDC on sol for free. USDC transactions integrate natively with your accounting software, like QuickBooks, NetSuite, and more. Warning, they are not FDIC insured.

You can set up: — Custom spend controls, per dollar amount — Multi-user permissions And 2FA is enforced on every transaction

Soylayer (@solayer_labs) - http://claim.solayer.foundation airdrop claims are open for 

Jupiter (@JupiterExchange) claims are open for ASR Period: Oct - Dec 2024. https://vote.jup.ag/.  Claims for restaked JUP - it adds to your staked amount and Debridge (claims to wallet)
If you have been using @infinex_app check your airdrops tab for a $PENGU claim.
New Solana tokens on CEX’s 
Coinbase (@coinbase ): PYTH, PENGU, POPCAT
Kraken (@krakenfx ) : VIRTUAL, JAILSTOOL
Ledger (@Ledger) added support on mobile for SPL tokens. You need to update your app on desktop and mobile to see your other Solana tokens
Franklin Templeton (@FTDA_US ) deployed their BENJI fund this week on Solana. Read more: https://bit.ly/3yDUPQK - Averaging around 4%
Sanctum (@sanctumso) introduced LSTs for all validators on Solana. Toly (@aeyakovenko) said “If I could do it over again, the stake pool contract would have been live before launch and each validator would have their own LST”. Sanctum’s first governance vote also approved the future staking of $CLOUD (not live yet)
Pump.fun (@pumpdotfun)
released a mobile app for iOS and Android
Doodles (@doodles) are following the @pudgypenguins playbook and are choosing
 @solana for the launch of their upcoming token. There is hope that they will reward users of popular solana protocols in a similar way that Pudgy did.
Javier Milei promoted$LIBRA
 token which instantly rugged people of $4 billion from insiders. At some point, people will realize the easiest way to not get rugged is to simply not buy this junk.
Stable Coin yields
LULO (@uselulo) - USDC around 5.95%, PYUSD 8.25% USDS 8.33%

Kamino (@KaminoFinance)- USDC/USDS - 11.52% rewards in USDS liquidity pool and can have single token deposits. FDUSD/USDC pair 6.55% with gaining Meteora (@MeteoraAG) points.
Marginfi (@marginfi) - 5-7% most stables


Defi Carrot (@DeFiCarrot) - CRT token earning around 11.7% 

Perena (@Perena__) - USD* - 7%

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