$BULLPENFI
Heating UpSnapshot Window: 2026-07-22 17:50 UTC · ← Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 2, Retweets: 0, Likes: 6, Impressions: 19
Verbatim Community Citations & Social Evidence 1 source posts analyzed
what's cooking on @solana this week: > @tryramp turned on stablecoin accounts for its 70,000+ business customers. > @jtx_trade goes live, with 80% of fees going towards buy backs and burns for $JTO through 2027. > @hylo_so launched xBTC, giving users 3x BTC exposure on solana. [Spoken audio]: Welcome to what's cooking episode 10 breaking down five of the top updates from the Solana ecosystem this week Let's get into it First up ramp just turned on stable coins. If you don't know ramp It's a fintech unicorn that over 70,000 businesses already used for their cards bills and accounting Now those businesses can move USDC and USDT for cross-border payments right inside the tools They already run their finances on that means no waiting on bank hours no evenings and weekends downtime and it settles on Solana. This update is the definition of a big week. And number two, Jito launched JTX trade, the trading app for every asset on Solana. It's self-custodial so you get centralized exchange style execution while holding your own keys. Spot trading came first, memes, tokenized equities and majors with perps and prediction markets on the roadmap. You might like this if you're a Jito holder. 80% of platform fees go back to the DAO and get used to buy back and burn Jito all the way through 2027. 3. When Hilo first went live, they released a token called X-SOLT. Without getting too technical, that token provides roughly 3x exposure to Solana with zero risk of liquidations. This week, they launched XBTC, same idea for Bitcoin, on Solana. The long-term goal is that any asset with reliable price feeds can become an ex-asset. Crypto, equities, commodities, all of them, all living on Solana. A lot of people get confused trading with leverage, but Hilo's made it as simple as just holding a token in your wallet of choice. At number 4, Backyard Finance. It's a yield manager on Solana that lets you build and rebalance strategies across a bunch of different yield products in one place, instead of chasing them app to app. They just kicked off Backyard Barbecue Season 0, their first rewards program. You are in badges for creating strategies and depositing, and those badges carry into Season 1 where they turn into bigger APY boosts. Full disclosure, I caught up with the founders recently, and I'm pretty bullish on what's coming. Also, the badge tiers run from Junior Cook to Executive Chef, so yeah, I have some goals to hit. Last one, Pumped-Out Fun Shipped Boost, just in time for the trenches to make the comeback. Every time a coin migrates, a chunk of its liquidity used to get stuck in the pool forever. Pumpfun says that adds up to over $100 million a year. Now, for five minutes after every migration, that stuck liquidity gets used to buy back the coin and burn it. It's automatic on every new launch. Whether you love Pumpfun or not, making migrations less extractive is a real change to how the whole meme corn ecosystem works. That's it. Five stories, one week, one chain. Which one stood out to you the most? Drop in the replies.