Here's the latest news about Solana (SOL):
*Recent Developments*
- *BIT Mining's Solana Investment*: BIT Mining has acquired 27,191 SOL worth approximately $4.89 million and launched its first validator node, marking its entry into the Solana ecosystem.
- *Solana Mobile's Seeker Smartphone*: Solana Mobile has begun shipping its Seeker smartphones to users in over 50 countries, expanding its web3 device rollout.
- Pump.fun's Glass Full Foundation: Pump.fun has launched the Glass Full Foundation to inject liquidity into select ecosystem tokens, aiming to accelerate growth.
- *Jupiter Lend's Private Beta*: Jupiter has launched the private beta of Jupiter Lend, its decentralized lending platform built on Solana.
*Market Updates*
- *Solana Price*: SOL is trading at $177.62 with a 2.89% decrease in the last 24 hours.
- *Market Capitalization*: The market capitalization stands at $95.89 billion.
- *Network Revenue*: Solana generated $271 million in Q2 network revenue, beating Ethereum and Tron ¹ ².
*Partnerships and Adoption*
- *DeFi Development Corp.'s Partnership*: DeFi Development Corp. has partnered with Solflare as its official wallet provider, expanding its Solana treasury.
- *DevvStream's Crypto Roots*: DevvStream has allocated treasury funds to Bitcoin and Solana, signaling its entry into the crypto space.
- *Exodus' Solana Integration*: Exodus will issue its own shares on Solana, expanding to other major blockchain networks ¹.
