Solana multidimensional development: CCTP upgrade, special economic zone landing, and institutional stake service

In the past week, Solana has made significant progress in both on-chain and off-chain aspects.

First, Circle has deployed CCTP V2 on Solana, which is an upgraded version of its cross-chain transfer protocol. This upgrade brings three main improvements: faster cross-chain speed for USDC, more user-friendly contract support, and enhanced capital efficiency.

Secondly, Solana has also seen new developments geographically. The Solana Foundation has signed a memorandum of understanding with Kazakhstan, marking the official launch of the first Solana economic zone in Central Asia. This special economic zone will serve as a testing ground for blockchain technology pilots, startup incubation, and international cooperation, aiming to integrate tokenized assets into Kazakhstan's financial market and lay the foundation for a blockchain-based financial system.

Meanwhile, a certain trading platform announced the launch of SOL staking services, targeting user groups that include institutions, ETFs, enterprises, and high-net-worth individuals. This indicates that Solana's staking functionality is no longer limited to retail participation in validation, but has expanded its application scope at the institutional level.

In addition, the financial services giant Fiserv, valued at $90 billion, announced that it will launch the stablecoin FIUSD on Solana and plans to integrate it with 3,000 regional banking systems. This collaboration marks a deep integration of traditional finance and blockchain technology, with Solana's high throughput and low-cost characteristics being key factors in attracting traditional financial institutions.

Here are some important updates from key and popular projects in the Solana ecosystem over the past week:

A certain project has launched an advanced token analysis feature that displays net buyers, net purchase volume, and organic scores to assist with market insights.

A certain DEX achieved a trading volume of over $10 billion in June, with a market share of approximately 32%, becoming the largest decentralized exchange on Solana.

A certain project has launched a zero-fee BTC trading activity, which is now live, offering over 40 asset trading pairs.

A certain project announced that all 1 billion CLOUD tokens have been fully accounted for and are verifiable.

A certain project collaborates with Amazon Web Services to accelerate the infrastructure development of physical assets.

A certain project is now live on a certain wallet platform.

A project has released version 1.7, which adds integration for spot/futures trading on a certain trading platform, levered futures functionality on a certain financial platform, as well as UI and performance optimization updates.

A certain project has launched a plug-and-play device that can share unused internet with its network and improve network stability to collect public network data.

A certain project has launched the first fully distributed inference and service engine for large language models.

A certain project has launched a sub-card service, allowing an account to create unlimited cards, providing custom labels, personalized limit restrictions, and spending tracking features.

A certain project has launched a funding program of $20 million and is providing free GPU access to support artificial intelligence projects that require a large amount of computing resources.

The mainnet staking feature of a certain project is now live.

A project has launched the GGUSD stablecoin backed by U.S. Treasury bonds.

A certain project launched a live streaming feature for creators, allowing them to receive tips from viewers during the live stream and earn fees from transaction activities.