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What Solana is Building
Published on July 10, 2024
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Sponsor: Mantle — Mass adoption of decentralized & token-governed technologies.

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NEED TO KNOW
Goldman Eyes Tokenized Funds
  1. 🏆 Goldman Sachs Plans Tokenized Projects. The storied investment bank has plans for three different tokenized projects this year.
    Read more on Bankless.com
  2. 🧱 Block Inks BTC Mining Deal with Core Scientific. Jack Dorsey's Block is doubling down on mining hardware.
    Read more on Bankless.com
  3. 🪐 Starknet Eyes STRK Staking in 2024. If approved by the community, staking could go live in Q4 on mainnet.
    Read more on Bankless.com
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MARKET VIBES
Stocks Beating Bitcoin

📸 Daily Market Snapshot: Crypto Twitter watched in vain as the S&P 500 and Nasdaq hit new all-time records Tuesday while BTC faced another day of slipping lower. BTC's correlation with public market gains is hitting multi-month lows as traders deal with long-feared Mt Gox supply overhang.

Prices as of 4pm ET 24hr 7d
Crypto $2.13T ↗0.2% ↘3.2%
BTC $57,465 ↘0.5% ↘3.8%
ETH $3,106 ↗1.3% ↘5.0%
MPL $11.64 ↘1.2% ↗0.8%

🔒
New Token Rating: Maple Finance (MPL) is fighting to defend $10, a price it has not traded below since November. How do we feel about this token’s prospects?
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ANALYSIS
What Solana is Building
Bankless Author: David C.

Solana has had a whirlwind year.

With most investor attention focused on the price action and memecoin markets catching fire on Solana, the most bullish development for the L1 has been just that – actual development.

In this article, we’ll dive into a series of different technologies being employed and developed to advance the chain, from a burgeoning L2 ecosystem to ZK compression to new validator clients, all of which could spell a bright, lasting future for Solana.

Let's dig in 👇


FRIEND & SPONSOR: MANTLE

Mantle kickstarts Season 1 of Methamorphosis. Building on the success of their Liquid Staking Token, mETH, Mantle LSP announces plans for a new Liquid Restaking Token, cmETH, along with a governance token, COOK. With Methamorphosis, participants can now farm Powder for future COOK tokens and position themselves early for upcoming cmETH release.

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LATEST POD
Revoke Your Citizenship?

Is it a good idea to diversify your citizenship?

We brought on Andrew Henderson, a global citizen to nearly a dozen countries around the world and the founder of Nomad Capitalist – a company that helps people get multiple citizenships and passports.

Hear why considering a second or even a third citizenship might be beneficial, what the most crypto-friendly jurisdictions are, and what an exit tax entails. Andrew also shares why he renounced his U.S. citizenship and provides insights into the costs and process of obtaining a second passport.

Citizens get Ryan & David's exclusive Debrief on the interview 👇

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GO BANKLESS
Don't Miss Another Airdrop!

Thousands of Bankless Citizens scored an average of $3,500 worth of tokens after Ether.fi's airdrop. Did you miss out again?

Ether.fi was in the Bankless Airdrop Hunter, and you could have gotten into the latest drop by following our quests! There are nearly 100 other crypto protocols in Airdrop Hunter waiting for you.

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