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Solana Weekly Recap: Marinade DAO Takes Revenue Control, Metaplex Partnership, and Meme Token Explosions Like $YZY

Solana Weekly Recap: Marinade DAO Takes Revenue Control, Metaplex Partnership, and Meme Token Explosions Like $YZY

If you're diving into the wild world of Solana, you know things move fast—especially when it comes to meme tokens and DeFi tweaks. This week, analyst @jussy_world dropped a thread that's basically a cheat sheet for what's popping on the network. From celebrity-backed meme coins skyrocketing to protocol upgrades that could supercharge your staking, here's a breakdown to keep you in the loop. We'll focus on the meme token buzz while touching on the tech side, perfect for anyone hunting the next big pump.

Hyperliquid Perps Lands on Solana via Ranger Finance

Perpetual futures, or "perps," are a big deal in crypto trading—they let you bet on price moves without owning the asset. Hyperliquid, known for its smooth perps platform, is expanding to Solana through @ranger_finance. They just launched a beta this week. If you're keen to jump in, head to their Telegram and drop "wen HL" to get on the closed beta list. Participants snag points from a special pool, which could mean airdrops or rewards down the line. Solana's speed makes this a game-changer for high-frequency traders.

Bags App and Sanctum Introduce $SOLb for Yield on Unclaimed Balances

Ever had SOL sitting idle while waiting for claims? @BagsApp teamed up with @sanctumso to launch $SOLb, a token that lets creators and traders earn up to 15% yield on those unclaimed balances. It's available on Jupiter or directly via Sanctum. This is a nifty way to put your dormant SOL to work, blending meme-friendly utility with real DeFi perks.

Bags App and Sanctum $SOLb launch announcement

Kanye's $YZY Token Blasts Off on Solana

Meme tokens got a celebrity boost this week with Kanye West launching $YZY on Solana. It rocketed to a $3 billion market cap in just two hours, now hovering around $1.2 billion with $605 million in on-chain volume in three hours flat. It's modeled after the $TRUMP token playbook, with 70% of supply held by Yeezy Investments LLC. If you're into celeb memes, this one's a wild ride—expect volatility, but the hype is real.

Kanye $YZY token market cap surge chart

$LIBRA Memecoin Funds Unfrozen by Federal Judge

Remember $LIBRA, the memecoin hyped by Argentine President Javier Milei back in February? A federal judge just released $57.6 million in frozen USDC tied to it. Insider Hayden Davis is set to recover the funds. This political meme token saga highlights how real-world events can swing crypto prices—keep an eye on global news for these gems.

$LIBRA memecoin legal update illustration

Solana Hits Record TPS and Eyes Efficiency Boosts

On the tech front, Solana crushed a stress test with 104,529 transactions per second (TPS) on mainnet. Upcoming updates could make things 19 times more efficient, solidifying its rep as the go-to for fast, cheap trades. For meme token flippers, this means smoother pumps and less congestion during hype waves.

Solana TPS record achievement graphic

Meteora AG Wraps Up Wallet-Linking and Reviews Appeals

@MeteoraAG is gearing up for what could be a juicy airdrop. They closed their wallet-linking campaign for contributors and reviewed over 5,000 forms. Today was the deadline for appeals on flagged wallets in their S1 Points Checker. If you're farming points, double-check your status—this could tie into meme liquidity plays on Solana.

Launchpad Wars: Pump.fun Leads, Bonk.fun Introduces Points

The battle for meme launchpads rages on. @pumpdotfun is dominating, while @jup_studio pulled in $70k in 24-hour revenue. @bonk_fun rolled out a points system to reward creators and traders, but $BONK dipped 20% weekly and 40% monthly. Meme launches are risky, but these platforms make it easy to spot the next viral token.

Solana launchpad revenue comparison chart

PlaySolana Expands Game Lineup for PSG1

Gaming on Solana is heating up. @playsolana is picking more games for pre-install on their PSG1 device. Confirmed titles include @BR1INFINITE, @BONKArenaGame, and others. Submit your game if you're building—meme-themed games could explode here.

New ONyc/USDG Multiply Strategy on Kamino

For DeFi enthusiasts, Kamino launched an ONyc/USDG Multiply product. It's an automated looping strategy: supply ONyc, borrow USDG, repeat for leveraged yields. Current APY sits at 22.43% with 1.9x leverage, thanks to ONyc's 11.8% base yield. This is gold for yield farmers eyeing stable returns amid meme volatility.

Kamino ONyc/USDG strategy details

Robinhood-Backed $USDG Surpasses Ethereum Supply

$USDG, the stablecoin backed by @RobinhoodApp on Solana, now has more supply than on Ethereum. Earn up to 15% APY lending it on Kamino. Stables like this underpin meme trading, providing liquidity without the gas fees.

$USDG supply comparison chart

Marinade Finance Hands Revenue to DAO, Partners with Metaplex

In a big decentralization move, @MarinadeFinance is transferring protocol revenue control to its DAO. All fees go to the treasury, with 50% for $MNDE buybacks, and the core team steps back from revenue shares. They've partnered with @metaplex to let projects stake funds and funnel rewards into token buybacks. This could boost meme project sustainability by automating buy pressure.

Marinade and Metaplex partnership artwork featuring a chef gazing at a rocket

Wrapping up, Solana's ecosystem is buzzing with meme token launches, DeFi upgrades, and scalability wins. Threads like this from @jussy_world are a must-follow for staying ahead. If you're into meme coins, watch $YZY and $LIBRA closely—these could be the next big narratives. Stay tuned for more updates, and remember, DYOR before apeing in!

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