Solana Breakpoint 2024 Breakdown

Breakpoint 2024, held September 20-21 in Singapore, brought together 5,000+ attendees to showcase Solana’s growth. Here’s a breakdown of six key areas for builders, per Solana’s State of Breakpoint 2024.

NFT/Art: DRiP’s Mobile Push

DRiP minted 129M NFTs in the past year and launched DRiP Mobile for iOS and Android at Breakpoint, featuring gasless, one-click transactions, per Solana’s State of Breakpoint 2024.

• Builder Takeaway: Use DRiP’s tools to create seamless NFT experiences on mobile.

Blockchain Validator: Firedancer Testnet Progress

Firedancer made significant testnet progress, setting the stage for a mainnet launch to boost Solana’s scalability, per Solana’s State of Breakpoint 2024.

• Builder Takeaway: Build high-traffic dApps with confidence in Solana’s future performance.

DeFi: $1T Stablecoin Volume and Payments

Solana processed $1T in stablecoin volume in 2024, leading in blockchain payments. New launches include Sling Money’s global payments app and Sky’s USDS stablecoin on Solana, per Solana’s State of Breakpoint 2024.

• Builder Takeaway: Build DeFi apps for payments, like remittances, on Solana’s infrastructure.

Developers and New SDKs: Solana Actions and Blinks

Solana welcomed new developers, with monthly active devs up 83% year-over-year. Breakpoint introduced Solana Actions and Blinks, tools to embed transactions in web interfaces and share them via URLs, per Solana’s State of Breakpoint 2024.

• Builder Takeaway: Use Actions and Blinks to simplify on-chain interactions for users.

Institutional Builders: Big Players Join Solana

Institutional adoption grew, with Franklin Templeton planning a money market fund, Securitize adding Solana support, and Société Générale launching its EURCV stablecoin, per Solana’s State of Breakpoint 2024.

• Builder Takeaway: Leverage institutional-grade infrastructure for tokenized assets or stablecoins.

Mobile Developments: New Apps and Devices

Solana developers focused on mobile, launching Jupiter Mobile, Solana Mobile’s Seeker (140,000 pre-orders), and JamboPhone 2 ($99), per Solana’s State of Breakpoint 2024.

• Builder Takeaway: Build mobile-first dApps to reach users on their smartphones.

Get Involved

• Explore Actions and Blinks at Solana Dev Resources.
• Apply for grants via the Solana Foundation.
• Follow @Solana on X for updates.

The Takeaway

Breakpoint 2024 highlighted Solana’s growth in NFTs, DeFi, and mobile innovation, making it a prime ecosystem for builders to create scalable dApps, as of October 22, 2024.