# Top Solana Experiments

*Author: Bankless*
*Published: Aug 19, 2024*
*Source: https://www.bankless.com/fr/top-solana-experiments*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/08/Frame-50567--6-.png)](https://www.bankless.com/sponsor/uniswap-extension-1719068020?ref=some-of-solanas-most-interesting-experiments&email=true)

  
Top Solana Experiments
    
  

  
Published on Aug 19, 2024

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  View in Browser

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
Democrats' Crypto Silence
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/08/Group-14--26-.png)](https://www.bankless.com/dashboard)- 🤔 **Democrats stay mum on crypto. **With the Democratic National Convention kicking off today, the [party's newly released platform](https://www.theblock.co/post/311881/crypto-missing-from-democrats-party-platform-as-national-convention-kicks-off) doesn't mention crypto.
- 🧑‍⚖️ **Coin Center lawsuit reapproved.** A U.S. court gave the crypto think tank [the greenlight to restart its lawsuit](https://www.coindesk.com/policy/2024/08/19/coin-center-wins-right-to-sue-us-treasury-irs-again-over-controversial-tax-reporting-rule/) against the IRS and the Treasury Department over a controversial 2022 crypto tax amendment. 
- 🪙** Bitwise purchases ETC Group. **Crypto asset manager Bitwise [just acquired the London-based ETP provider](https://www.coindesk.com/business/2024/08/19/bitwise-acquires-london-based-etp-provider-etc-group-to-enter-europe/), granting the firm a new foothold in Europe and another $1 billion worth of assets under management. 

.  .  .

 
  
    

    MARKET VIBES

  
  
Rapid Retracement (for TradFi)
    
  
   
     
   
     
    
 

**📸 Daily Market Snapshot: **US stocks indexes compounded on two weeks of epic retracement today, placing the S&P 500 just shy of 1% away from all-time highs. In contrast, BTC remains below $60k, and many crypto assets — from the majors to mid-caps and memes — are slightly in the red. Select alt-L1s are experiencing modest gains, but only time will tell whether this rotation persists.

Prices as of 4pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $2.09t
       

  
    
    ↘ 1.0%
    
  

   
    
    ↗ 0.0%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $58,997.10
       

  
    
    ↘ 1.3%
    
  

   
    
    ↘ 0.01%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $2,608.72
       

  
    
    ↘ 2.3%
    
  

   
    
    ↘ 1.7%
    
  

       ![](https://s2.coinmarketcap.com/static/img/coins/64x64/31278.png)
    

  **DRIFT**
   
          $0.35
       

  
    
    ↗ 10.6%
    
  

   
    
    ↗ 6.3%
    
  

  

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🔒**New Token Rating: Drift** Solana’s popular decentralized exchange just shipped prediction markets. Why might its token continue to pump?[What do we think of DRIFT?](https://www.bankless.com/tools/token-hub/drift)

.  .  .

 
  
    

ANALYSIS

  
  
    
   
Some of Solana's Most Interesting Experiments

  
  
   
     
     Bankless Author: 
     
       [
       
       David C.](https://x.com/davewardonline)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/08/image---2024-08-19T110852.363.png)](https://www.bankless.com/some-of-solanas-most-interesting-experiments)Solana has been the hot spot to transact this cycle with its low cost and high speed making it the premier onchain casino. 

The network has also increasingly become a hub for experimentation with builders developing a new wave of applications that have expanded how we interact with and use blockchains.

While plenty have questioned how sustainable some of these new experiments are, the best of these projects have unequivocally pushed boundaries.

*Let's take a look at some of the protocols showcasing where Solana's builder experimentation is on full display *👇

[Read the full analysis](https://www.bankless.com/some-of-solanas-most-interesting-experiments)
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