Latest Solana News

Akash, a decentralized compute project founded by Greg Osuri, has announced plans to deprecate its current Cosmos SDK-based chain and migrate to a new network that can better secure its operations. This decision marks the beginning of a public evaluation process for potential candidates both within and outside the Cosmos ecosystem. While the specific destination chain has not yet been disclosed, Osuri emphasized the importance of strong security, a vibrant community, deep liquidity, and growth potential in selecting the new home for Akash, which will maintain IBC compatibility. Originally launched as a Cosmos appchain, Akash operates a decentralized marketplace that connects AI and cloud buyers with independent providers of GPU and compute capacity. The recent Mainnet 6 upgrade introduced Nvidia GPUs, allowing users to benefit from lower costs compared to traditional centralized cloud services. Osuri also reassured users regarding staking concerns, indicating that while staking may appear to be disappearing, it is actually evolving into a more advanced model. He mentioned that Solana is a strong contender for Akash's new network, but the team will be cautious in making their final decision. This shift to a new base-layer represents a significant architectural change for a decentralized physical infrastructure network (DePIN). Osuri's criteria for the migration reflect a broader search for scalable solutions as demand for AI compute rises. The Block's data indicates that DePIN is becoming a multi-billion-dollar asset class, with web3 cloud and AI compute identified as leading segments. However, challenges such as hardware access, network scalability, and regulatory uncertainties remain. The Akash team has not set a timeline for the migration, but they plan to engage the community in an open discussion about the trade-offs involved in the decision-making process.

The Grass Foundation is an innovative project that operates as a Decentralized Physical Infrastructure Network (DePIN) on the Solana blockchain. It enables users to earn passive income by sharing their extra bandwidth, which is utilized for the development of artificial intelligence tools. With over 2 million active users, the platform has garnered attention, but it has also faced skepticism due to various scams impersonating the project. This article aims to clarify the legitimacy of the Grass airdrop and provide a comprehensive guide for interested participants. The Grass airdrop functions similarly to other DePIN projects, rewarding users for their contributions of bandwidth. Participants can earn Grass Points by installing the Grass App or a web extension, which can later be converted into GRASS tokens. To be eligible for the airdrop, users must have a compatible device and a legitimate wallet address. However, the system is vigilant against fraudulent activities, and any detected misconduct may result in penalties, including the withholding of tokens. Despite the project's rapid growth and backing from reputable investment firms, users are advised to ensure they are accessing the official Grass website to avoid scams. The Grass Foundation has successfully conducted multiple airdrop campaigns, distributing a total of 100 million GRASS tokens to eligible participants. With the recent launch of its mainnet, the airdrop remains active, and the process for claiming Grass Points has been simplified. Users can easily withdraw their earnings by directing the system to transfer GRASS tokens to their wallets. While the Grass Foundation appears to be a legitimate project, potential participants should conduct their own research to verify its authenticity and understand the risks involved in the airdrop process.

Grass, the flagship product of Wynd Network, has successfully raised $10 million in a bridge funding round co-led by Polychain Capital and Tribe Capital. This funding, primarily structured as a token purchase, highlights the growing investor confidence in Grass's mission to decentralize internet connectivity and enhance AI data access. Previously, Grass had secured funding through Seed and Series A rounds, but this latest round was unplanned and comes at a crucial time as the project experiences rapid growth and adoption. Grass operates as a decentralized bandwidth network built on the Solana blockchain, allowing users to monetize their unused internet capacity by selling their 'view of the internet.' This innovative system enables companies and developers to access public web data at scale, which is essential for training and improving AI models. Users are rewarded with the native GRASS token, which serves as the primary vehicle for value accrual and governance. Co-founder Andrej Radonjic emphasized that Grass addresses the access challenges AI developers face when building or training models across the open web, thereby solving a significant bottleneck in data collection for AI. The recent funding round marks Polychain Capital's third investment in Grass, reflecting their strong belief in the company's potential. Grass has reported impressive growth, with 8.5 million monthly active users and collaborations with around 20 companies, including nonprofits and academic institutions. As the project continues to evolve, it aims to transition from providing training data to offering real-time inference data, which is crucial for generative AI systems. With its unique approach, Grass is positioned to redefine data pipelines for AI, shifting control from centralized tech companies to a decentralized global network, thus leading the charge in the intersection of AI and decentralized infrastructure.

The upcoming 375ai Token Sale is set to launch on CoinList on October 9, 2025, at 17:00 UTC, with registration now open. 375ai aims to revolutionize real-world data processing by developing an edge data network on the Solana blockchain. This innovative platform will utilize hardware and mobile applications to process video, audio, and sensor data locally, transforming terabytes of raw data into actionable insights in real-time. By shifting computational tasks to the edge, 375ai enhances cost efficiency, strengthens privacy, and supports more intelligent mobility, logistics, and AI systems. The token sale will feature a Fixed Dilution Value (FDV) of $75 million, with the EAT tokens priced at $0.075 each. A total of 26,666,667 EAT tokens, representing 2.67% of the total supply, will be allocated for this sale. The vesting schedule includes a 50% unlock at the Token Generation Event (TGE), followed by a linear release over the next 12 months. Participants can invest a minimum of $100 and a maximum of $500,000 using USDT, USDC, or USDe, with the purchase period running from October 9 to October 14, 2025. It is important to note that the token sale is not available to residents of the United States, Canada, and certain other jurisdictions. Interested investors are encouraged to secure their EAT tokens before they become available on exchanges. As always, potential participants should be aware of the inherent risks and uncertainties associated with such investments, as the information provided is subject to change and does not guarantee future performance or results.

Bee Maps, a decentralized mapping startup previously known as Hivemapper, has successfully raised $32 million to enhance its blockchain-based cartography network. The funding round was led by prominent investors including Pantera Capital, LDA Capital, Borderless Capital, and Ajna Capital, marking it as one of the largest in the Decentralized Physical Infrastructure Network (DePIN) sector. The platform incentivizes users with HONEY tokens for capturing real-world footage via Bee Dashcams, which is then processed by AI to identify roadwork, new signage, and infrastructure modifications. This decentralized approach aims to deliver more accurate and diverse geographical data compared to traditional centralized systems, as highlighted by a spokesperson from Pantera Capital. In its next phase, Bee Maps is focusing on accessibility by introducing a new $19 monthly Bee Membership Plan, which replaces the previous hardware fee of $589. This strategic move is expected to significantly increase user participation by lowering the barrier to entry for contributors. The platform has already secured data and integration partnerships with major players such as Volkswagen, Lyft, and Mapbox, allowing its live mapping feeds to be utilized in navigation tools and AI training models. As the DePIN sector continues to thrive, Bee Maps is positioned to capitalize on the growing demand for real-time, precise data in various industries. In a related development, the DePIN market is witnessing a surge, with a reported 28% increase in on-chain activity since July. Solana has emerged as the second most active blockchain for DePIN projects, following Ethereum. Meanwhile, the launch of Snorter, a new token and Telegram sniper bot, is gaining attention for its speed and efficiency in automating trades. Analysts from 99Bitcoins suggest that such utility bots could signal the next phase of the crypto bull market, particularly as they help users navigate the increasingly complex landscape of tokenized infrastructure projects. As the market evolves, both Bee Maps and Snorter are poised to play significant roles in shaping the future of decentralized applications and infrastructure.

The fine wine industry, valued at $1 trillion, is facing significant challenges such as fraud, inefficiency, and a lack of transparency. dVIN Labs is introducing the concept of the "Intelligent Product," which aims to revolutionize the way wine is managed by making each bottle smart and connected. This innovation is particularly crucial given the industry's current state, where a bottle of wine can be treated with less sophistication than a simple package from an online retailer. The global wine market, with an annual turnover of $460 billion, suffers from high transaction fees, long settlement times, and substantial losses due to counterfeiting and spoilage, largely because wine has historically been a passive object without the ability to communicate its journey or authenticity. The introduction of Smart Wine leverages advancements in Artificial Intelligence, Web3, and the Internet of Things to create a new paradigm for wine management. By integrating DePIN (Decentralized Physical Infrastructure Networks) with NFC/RFID technology, each bottle can connect to a network, allowing it to communicate real-time data about its environment. This connectivity is paired with the dVIN Protocol, which assigns a unique identity to each bottle through a Digital Cork, an NFT on the Solana blockchain. This not only ensures authenticity but also provides a transparent record of the wine's provenance, effectively addressing the $70 billion counterfeit issue in the industry. The transformation to Smart Wine is set to unlock significant economic value by enhancing liquidity and efficiency in trading. With the Digital Cork facilitating instant ownership transfers and drastically reducing transaction fees, the market's trading volume could see a substantial increase. Additionally, wineries can benefit from perpetual royalties through smart contracts, allowing them to share in the appreciation of their wines on the secondary market. As dVIN Labs continues to tokenize bottles and expand its partnerships, the future of the fine wine market looks promising, paving the way for a connected and intelligent wine ecosystem.

On October 2nd, the crypto landscape witnessed a significant event with the launch of DoubleZero's mainnet beta version and the simultaneous listing of its native token, 2Z, on major exchanges such as Binance, Bybit, and Upbit. This unprecedented speed in listing led to a remarkable market response, with 2Z's trading volume surpassing $1.4 billion within 24 hours and its market capitalization soaring to over $2 billion, placing it among the top 100 crypto assets. The project received notable backing from the Solana ecosystem, including a historic "No-Action Letter" from the U.S. SEC, which confirmed that the distribution of 2Z did not require registration as a security, alleviating compliance concerns for exchanges. DoubleZero's founding team is composed of industry veterans, including Austin Federa, co-founder and CEO, who previously played a pivotal role at the Solana Foundation. This strong leadership, combined with a unique narrative that introduces a new protocol category called "N1" (Network 1), positions DoubleZero strategically within the blockchain space. The N1 protocol aims to create a dedicated high-speed network for existing blockchain networks, avoiding competition with traditional Layer 1 and Layer 2 protocols. This innovative approach not only targets the crypto sector but also has potential applications in various fields requiring distributed networks, such as content delivery and real-time gaming. Despite its promising launch, DoubleZero faces challenges in maintaining market momentum. The token's price has struggled to sustain growth post-launch, partly due to its high initial valuation and the absence of a community airdrop, which has led to criticism regarding its perceived disconnect from retail investors. The project's focus on institutional-level infrastructure may limit broader consumer engagement, making it more appealing to businesses rather than individual users. As DoubleZero continues to develop its B2B operations, its long-term success will hinge on its ability to bridge the gap between institutional and consumer markets, ensuring that it can maintain relevance in the evolving crypto landscape.

Helium has emerged as a frontrunner in the Decentralized Physical Infrastructure Network (DePIN) sector, particularly following its recent partnership with the Solana Seeker mobile phone. This collaboration has significantly boosted Helium's fee generation, contributing to a remarkable increase in overall activity within the DePIN space. Over the past month, the sector has seen fees reach unprecedented levels, with Helium alone generating between $330,000 and $370,000 weekly, which constitutes approximately 60% of the average fee income across the market. In addition to Helium, other notable players in the DePIN sector include Geonet, Akash Network, and Hivemapper, which collectively account for about $181,000 in fees, representing 32% of the total fees produced in the last week. Despite this surge in activity and fee generation, the performance of DePIN project tokens has been disappointing. Leading tokens from projects such as Render, Filecoin, and Helium have experienced declines ranging from 40% to 70% over the past year, indicating a significant disconnect between the operational success of these projects and their market valuations. The contrasting trends in fee generation and token performance highlight the challenges faced by the DePIN sector. While the infrastructure and usage of decentralized networks are growing, the market sentiment surrounding these tokens remains bearish. This situation raises questions about the future of DePIN projects and their ability to translate operational success into positive market performance, as investors remain cautious amidst ongoing volatility in the cryptocurrency landscape.

Theta Network continues to set the standard in decentralized streaming with its innovative dual-token model. THETA serves as the governance and staking token, while TFUEL is utilized for content delivery. This system enables users to contribute their bandwidth and computing resources through Edge Nodes, earning rewards in return. By decentralizing infrastructure demands, Theta not only reduces costs for platforms but also enhances efficiency compared to traditional centralized Content Delivery Networks (CDNs). The project has garnered significant partnerships with major companies like Samsung and Sony, further solidifying its position as a leader in blockchain-based media infrastructure. By 2025, Theta's technology is expected to extend beyond video streaming, incorporating gaming, virtual reality, and artificial intelligence workloads. In contrast, XRP Tundra has introduced a presale model that emphasizes clarity and utility for investors. Buyers can purchase TUNDRA-S tokens on the Solana blockchain at a price of $0.01, receiving a complimentary allocation of TUNDRA-X tokens on the XRP Ledger, which serve as governance and reserve tokens. This presale is notable for its transparency, with fixed launch prices set at $2.50 for TUNDRA-S and $1.25 for TUNDRA-X. By dedicating 40% of the TUNDRA-S supply to presale buyers, participants can secure a substantial share of the ecosystem prior to secondary market listings, a rarity in the current presale landscape. Both Theta and XRP Tundra utilize dual-token systems, albeit for different purposes. Theta focuses on decentralized video delivery and partnerships with major media companies, while XRP Tundra is centered around presale economics and yield generation for XRP holders. Each project highlights the versatility of dual-token models, showcasing their application in distinct sectors—entertainment infrastructure versus financial utility. For investors, the choice between these two projects reflects a broader decision about sector engagement, illustrating how blockchain innovation can create new value in diverse markets.

In 2025, Solana has experienced a remarkable rebound, surging 132% after a tumultuous start to the year. Initially trading above $200, the token faced a steep decline of over 60% within four months, raising doubts about its recovery. However, the summer brought a turnaround, with SOL now trading around $236, despite a minor dip of under 4% recently. The bullish sentiment is supported by strong technical indicators, including favorable moving averages and capital inflows, highlighting a resurgence in investor confidence. The underlying fundamentals of Solana's network are equally impressive. Daily user activity remains robust, with monthly active addresses exceeding 90 million, indicating genuine adoption rather than mere speculation. The network has set a new record by processing over 2,300 transactions per second in 2025, showcasing its scalability. The DeFi sector has also thrived, with Total Value Locked (TVL) reaching an all-time high of $7.8 billion in May, reflecting a 105% year-over-year increase. This growth signifies that investors are increasingly willing to lock their capital within Solana's ecosystem. To address past reliability issues, the Firedancer upgrade is set to enhance Solana's stability and performance. This new validator client, developed by Jump Crypto, aims to eliminate single points of failure and can handle up to 100,000 transactions per second. Additionally, institutional interest is on the rise, with public companies holding approximately $600 million in SOL and several firms filing for a spot Solana ETF. While the SEC's decision on these applications is pending, optimism remains high, suggesting that a successful ETF launch could significantly boost institutional demand for Solana, similar to the impact seen with Bitcoin ETFs earlier this year.