The Solana ecosystem is fully exploding: technological upgrades, institutional adoption, and innovative projects are advancing side by side.

In the past week, Solana has made significant progress in several areas.

First, Circle has deployed CCTP V2 on Solana, which is an upgraded version of the Cross-Chain Transfer Protocol. This upgrade brings three major improvements: enhanced USDC cross-chain speed, optimized contract support, and increased capital efficiency.

Secondly, Solana has also taken an important step in international cooperation. 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 economic special zone will become an important platform for blockchain technology piloting, 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.

At the same time, a well-known trading platform announced the launch of SOL staking services, primarily targeting institutions, ETFs, enterprises, and high-net-worth individuals. This move indicates that Solana staking is no longer limited to retail participation in validation, significantly increasing the institutional adoption rate of the Solana ecosystem.

It is worth noting that 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 its network of 3,000 regional banks. This cooperation marks a deep integration of traditional finance and blockchain technology, with Solana's high throughput and low-cost characteristics being key factors attracting traditional financial institutions.

In terms of project updates, Jupiter has launched an advanced token analysis feature that displays net buyers, net buying volume, and organic scores, providing a powerful tool for market analysis. Raydium achieved over $10 billion in DEX trading volume in June, with a market share of approximately 32%, becoming the largest DEX on Solana.

Drift has launched a zero-fee BTC trading event, which is now live, offering over 40 asset trading pairs. Sanctum announced that all 1 billion CLOUD tokens have been fully accounted for and are verifiable. Collaterize has partnered with AWS to accelerate the development of RWA infrastructure.

Virtuals has been launched on a certain wallet platform. Hey Anon released version 1.7, adding multiple features and optimizations. Grass launched the Grasshopper device for sharing unused internet resources. Gradient launched Parallax, the first fully distributed inference and service engine for large language models.

Solayer launched the Emerald sub-card service, providing flexible account management features. io.net launched a $20 million funding program and offers free GPU access to support compute-intensive AI projects. The DIA mainnet staking is now online. STEPN GO launched the GGUSD stablecoin backed by U.S. Treasury bonds. time.fun introduced a creator live streaming feature that allows creators to receive viewer tips during live broadcasts and earn revenue from transactions.

These developments indicate that the Solana ecosystem is continuously innovating and expanding in multiple areas, from technological upgrades to international cooperation, from institutional adoption to project innovation, all of which demonstrate its important position and development potential in the blockchain industry.