Monthly community update | November 2021

The latest news from the Solana ecosystem β€” November 2021 edition!

Monthly community update | November 2021

Get this monthly community update directly in your inbox! Sign up here.

🌱 See the energy impact of a Solana transaction
πŸ§‘β€πŸ« How Solana brings time to crypto
πŸ–₯ Bloomberg, Galaxy create index to track Solana
🐦 @Solana reaches 1 million followers on Twitter
πŸ¦‘ Nominations open for the December 2021 Squid Prize
πŸ‘» Phantom iOS wallet coming soon
🌌 Wormhole expands bridge to FTX
🎨 BuildSpace helps artist launch NFT collection with Metaplex

🌱 See the energy impact of a Solana transaction

The Solana Foundation has released its first-ever energy usage report, showing the total energy impact of a Solana transaction and the ecosystem at large.

According to the most recent calculations, a single Solana transaction takes 0.00051 kWh, or 1,836 Joules, of energy. That is less than the energy impact of two Google Searches, and far less than normal household activities like leaving a light on for an hour, running a refrigerator, or driving a gallon of gas. It is also much, much lower than other blockchain networks like bitcoin, ethereum, and eth2.

Read the report.


πŸ§‘β€πŸ« How Solana brings time to crypto

You may have heard a lot about Solana's innovative proof of history, but what exactly is it? And why is it so important?

Send your crypto-curious friends the first in a series of articles about Solana's core technical innovations for a lay audience.


πŸ–₯ Bloomberg, Galaxy to track Solana

Bloomberg and Galaxy Digital have partnered to create an index to track Solana. This is among the first institutional sources that is tracking Solana, according to a post announcing the partnership by Tim Grant, head of Europe for Galaxy.

The Bloomberg Galaxy Solana Index is now live on Bloomberg Terminal. Learn more at the Block.


🐦 @Solana reaches 1 million followers on Twitter

Big news: The @Solana Twitter account now has more than a million followers! The account reached the milestone at the end of an amazing run for the ecosystem, which saw massive growth in the number of developers and projects building on the platform.

Follow it here.


πŸ¦‘ Nominations open for the December 2021 Squid Prize

It's that time again! The Squid Prize is once again open for nominations. Named after its first recipient, @fordudesake, the Squid Prize is a biannual celebration of people who have made extraordinary contributions to the Solana community. Winners will receive $20,000 in USDC and an exclusive Squid Prize NFT.

If you know of someone who has made the Solana universe a little bit friendlier, take a few minutes to nominate them.

Make a nomination here.


πŸ‘» Phantom iOS wallet coming soon

Phantom, the easy-to-use wallet for the Solana ecosystem, dropped a sneak peak on a long-awaited feature: a mobile wallet! They announced it would be coming to iOS in January 2022.

The company also recently announced a partnership with MoonPay for easy on-ramp services. Learn more about that partnership.


🌌 Wormhole expands bridge to FTX

Wow! Wormhole announced a major bridging partnership with FTX that would allow FTX's users to make deposits for wETH and many other wrapped assets.

Learn more here.


🎨 BuildSpace helps artist launch NFT collection with Metaplex

Have a spare weekend? BuildSpace has launched a new project that will help aspiring artists build a custom NFT collection on Metaplex in a weekend.

Let's get cracking.


β˜€οΈ Solana Ecosystem News


As this mailing list continues to grow, it’s important that Solana is bringing only the highest quality emails to your inbox. If you have any comments, questions, or suggestions, please respond to this email with your thoughts. We would love to hear from you!

We also provide more frequent updates via FTX. Only holders of SOL can receive these direct updates.

Lastly, follow us on our various social channels below to receive daily updates on what’s going on in the Solana ecosystem.

Twitter | Telegram | Reddit | Youtube | Blog | VK | Weibo | FTX