Breakpoint Abu Dhabi in Review: 49 Key Developments in the Solana Ecosystem

This article is partly based on: @molusol

Compiled by Odaily Planet Daily ( @OdailyChina ); Translated by Azuma ( @azuma_eth )

Editor's Note: The fifth Breakpoint was successfully held in Abu Dhabi from December 11th to 13th, Beijing time. As the largest and most influential ecosystem conference in the Solana ecosystem, Breakpoint often carries the expectations of the entire Solana ecosystem for information exchange on value judgments, future directions, and wealth secrets.

At the conclusion of the conference, KOL molu (@molusol), who focuses on the Solana ecosystem, summarized the promotional activities of major ecosystem projects during this Breakpoint cycle (with some additions from Odaily Planet Daily). For investors interested in understanding the current state of the Solana ecosystem, this review can be seen as the most comprehensive guide to tapping into the Solana ecosystem.

The following is a summary of molu's posts (key posts are marked with *). Due to the large number of posts, the original text is very concise, with most posts containing only one or two key descriptions. Odaily Planet Daily will expand and analyze all posts based on publicly available information.

Day 1 Review

*Coinbase DEX supports Solana full-chain tokens.

Coinbase announced that it will support trading of all Solana on-chain tokens through its DEX feature, eliminating the need for traditional listing processes. Users can now trade millions of tokens in the Solana ecosystem through the familiar Coinbase interface, gaining early investment opportunities. For projects, as long as their tokens have sufficient liquidity, they can directly open them to trading among Coinbase's millions of users. Coinbase stated that this move aims to make massive on-chain assets more accessible and build a bridge between users and developers.

Jupiter announces several new product updates.

Solana ecosystem leader Jupiter announced a host of new product updates at the conference, showcasing its impressive delivery capabilities. Key highlights included:

• Solana officially announced the acquisition of RainFi, aiming to accelerate the development of its on-chain lending market.
• Jupiter Lend is open source and closed beta testing has ended;
• The stablecoin JupUSD is confirmed to launch later next week.
• Introducing Jupiter Terminal, a professional-grade trading user interface;
• VRFD token verification system launched...

*Keel launches $500 million investment plan to accelerate the development of Solana RWA

Keel, an on-chain capital allocation platform, announced a $500 million investment plan aimed at attracting real-world assets (RWA) to the Solana network.

The initiative, called the “Tokenization Regatta,” was announced at the Solana Breakpoint conference in Abu Dhabi. It aims to attract tokenized asset issuers through a competitive process. Selected projects will receive direct funding and support to issue risk-weighted assets (RWAs), such as debt, credit, or funds, on the Solana platform.

*Solstice confirms TGE coming soon

Solstice CEO Ben confirmed at the conference that the protocol will soon be TGE, and the SLX token sale will begin on December 22.

Solflare launches hardware wallet

Solflare co-CEO Philip Dragoslavich unveiled the Solflare Shield hardware wallet. According to the presentation, the device stores private keys in a secure chip, requires no charging, and has no Bluetooth, screen, or cables.

This wallet is about the size of a credit card, comes with a 25-year warranty, and is priced between $49 and $79, but all attendees will receive one for free.

*Ellipsis Labs launches Phoenix

Ellipsis Labs has announced the launch of Phoenix, an on-chain perpetual contract exchange built on Solana.

Phoenix aims to introduce an innovative, proprietary AMM (Authorized Market Maker) model to the derivatives market. Market makers can provide and update liquidity at a lower cost, resulting in smaller spreads, deeper order books, and a more adaptive pricing mechanism. This architecture also offers users better prices, especially for large trades.

OSL launches stablecoin USDGO

At the Solana Breakpoint 2025 Summit, Zhang Yinghua, Chief Commercial Officer of OSL Group, announced that OSL Group will launch the USD stablecoin USDGO in partnership with the Solana network. OSL Group will serve as the brand and distributor of USDGO, while Anchorage Digital Bank will be the issuer. USDGO is reportedly pegged 1:1 to the US dollar and subject to US federal regulation. It is scheduled for official launch in the first quarter of 2026, with Solana as the first supported blockchain.

Blockworks launches Lightspeed

The Solana Foundation has partnered with Blockworks to launch Lightspeed IR, an institutional-grade investor relations platform. The platform is reportedly primarily aimed at liquidity token funds, institutional asset managers, family offices, and Solana ecosystem projects, and is expected to launch in the first quarter of 2026.

The Kingdom of Bhutan is experimenting with gold tokenization on Solana.

At the Solana Breakpoint 2025 summit, Bhutanese officials announced the launch of TER, a sovereign gold-backed token, on December 17 (Bhutan's National Day). The token will be pegged 1:1 to the gold reserves of the Bhutanese treasury. The name of the token is said to mean "treasure" in Bhutanese.

JPMorgan Chase issues and settles short-term bonds on Solana.

JPMorgan Chase created, issued, distributed, and settled a short-term bond for Galaxy Digital Holdings LP on the Solana blockchain. The $50 million U.S. commercial paper was reportedly purchased by Coinbase and asset management firm Franklin Templeton, with payment in USDC.

Animoca Brands Advances Stock Tokenization

Animoca Brands announced that it will tokenize its stock through Republic.

Day 2 Review

*Breakpoint 2026 to be held in London

At the opening of Day 2, Solana Labs co-founders Anatoly Yakovenko and Raj Gokal confirmed that Solana Breakpoint 2026 will be held in London.

*Firedancer officially launched

After three years of development, Jump Crypto's high-performance verification client, Firedancer, has officially launched on the Solana mainnet. It has been running on a limited number of verification nodes for over 100 days and has successfully generated 50,000 blocks.

Unlike the previous mixed test, the client is now fully operational.

XRP Login to Solana

Hex Trust has announced the issuance and custody of a wrapped version of XRP—wXRP—on Solana. wXRP is a token that supports Solana DeFi and can be exchanged at a 1:1 ratio on the XRP Ledger at any time.

*Phantom Integrated Prediction Market

Phantom has announced the integration of Kalshi and dFlow's tokenized prediction markets, allowing users to place bets using any Solana ecosystem token.

*Light Protocol launches new token standard, Light Token

Light Protocol has announced the launch of Light Token, a new token standard on Solana. According to the developers, Light Token is "200 times cheaper than SPL" in terms of on-chain account allocation and is fully compatible with DeFi.

Multicoin is advancing Solana governance reforms.

Multicoin co-founder Tushar Jain has proposed a "Solana Constitution" aimed at building a more robust governance model for Solana and introducing a new voting application that would allow stakers to overthrow their validators.

*Kamino Product Upgrade

Kamino announced the completion of a major brand upgrade and will launch six new products or features, including private lending, RWA DEX, BuildKit, fixed rates, lending intentions, and off-chain collateral.

Jupiter launches spot trading incentive program

Jupiter has announced a $1 million reward program to encourage users to trade through Ultra. From December 11 to February 1, users who trade eligible spot currency pairs on the protocol will automatically earn one of five reward tiers (from 1 USDC to 10,000 USDC).

Pyth Network launches token buyback mechanism Pyth Reserve

Pyth Network announced the launch of Pyth Reserve, a token buyback mechanism designed to use PYTH DAO's treasury revenue to purchase PYTH on the open market each month, thereby translating the growth of real revenue into sustainable network value.

Carrot launches leveraged token product with no liquidation risk

DeFi protocol Carrot has announced the launch of TurboTokens (such as TurboBTC and TurboSOL), which offer leveraged exposure with no liquidation risk.

Drift announces mobile app launch date

Cindy, co-founder of Drift Protocol, announced at the conference that the native mobile app is expected to be released in the first quarter of next year, and a new liquidity provider (LP) token, DLP, will be launched.

Metaplex launches token issuance protocol Genesis

Metaplex has announced the launch of Genesis, a token issuance protocol that allows anyone to build a public Launchpad platform based on the Genesis SDK. The Genesis SDK supports various customization features, including allowing support for Launch Pools on Launchpad to eliminate front-running and snipe attacks, while also enabling on-chain price discovery during product launches.

Titan Exchange supports limit orders

Titan Exchange, a trading aggregation protocol, announced the upcoming launch of its Limit Orders feature.

Ranger Finance will launch its token via MetaDao.

Ranger Finance has confirmed that it will launch the RNGR token through MetaDao, which will take place after the latter's audit is completed.

Figure launched RWA liquidity pools on Kamino.

Figure launched the RWA liquidity pool PRIME in Kamino, offering an 8% yield derived from real-world home equity credit lines.

Ora launches gold-derived token StGOLD

Ora announced the launch of StGOLD, a gold-derived token that generates interest (3%-4%), and the launch of a global gold exchange network in 5 locations for physical gold redemption.

FlashTrade expands its trading services

FlashTrade announced that it will soon support trading in commodities, metals, and stocks, with the functionality powered by MagicBlock.

Project 0 Confirm TGE Time

Project 0 has officially announced that it will launch its token in the first quarter of 2026.

Ryder launches hardware wallet

Ryder has launched a hardware wallet that allows users to complete security setup in just two clicks within 60 seconds.

Copperx releases Kosh

Copperx has officially announced the launch of Kosh, a new digital banking product aimed at freelancers.

*Bitget UEX supports Solana full-chain tokens.

Bitget announced that it will provide Solana full-chain token trading services to 100 million users through the Universal Exchange (UEX) feature.

China Asset Management (Hong Kong) launches multi-currency money market fund on Solana

China Asset Management (Hong Kong) announced the launch of Asia's first multi-currency (HKD, USD, RMB) money market fund, which will be deployed on Solana.

Day 3 Review

Moonbirds confirms token launch in Q1 next year.

At the Solana Breakpoint conference, Orange Cap Games CEO Spencer stated that Moonbirds plans to issue its token BIRB on the Solana network in the first quarter of 2026. Spencer also proposed that the team aims to make Moonbirds the "Pop Mart of the Web3 industry," with a strategic focus on the development of collectible assets, including a combination of on-chain and real-world (IRL) digital and physical collectibles.

*Solana Mobile collaborates with MediaTek to develop hardware integration kits

Solana Mobile is collaborating with MediaTek, FxTec, and Trustonic to develop hardware integration kits to expand its adoption in new mobile devices worldwide.

*worm.wtf launches leveraged prediction market

worm.wtf announced the launch of a leveraged prediction market on Solana, supporting betting with up to 3x leverage.

Solflare launches MagicAI, enabling wallet interaction via conversation.

Solflare announced the launch of the MagicAI feature, which allows users to transform manual operations into a conversational, results-oriented new experience by interacting with their wallets.

Huma promotes blockchain-based financing for commodity trade.

Huma announced a strategic partnership with Obligate and TradeFlow Capital to expand its PayFi network into the global trade arena, injecting new momentum into international trade through scalable and compliant USDC liquidity and addressing issues such as procedural delays and low capital efficiency that are still prevalent in commodity trade financing.

Uranium Digital builds a uranium trading market

At the conference, Uranium Digital CEO Alex Dolesky announced that an institutional-grade 24/7 uranium trading market will soon be launched on Solana.

Layer 33 Disclosure Progress

Layer33, a staking organization comprised of 25 independent validators, announced at the meeting that it had achieved 12% of its goal just two weeks after its launch—that is, having 33% of Solana staking completed by independent validators.

Helius Labs Launches New Indexing API

Helius Labs has announced the release of a new Solana API, getTransactionsForAddress, which supports sorting and querying transactions by wallet address, greatly simplifying indexing work on Solana.

Helium accelerates its expansion into the Latin American market.

Helium announced at the conference that it will soon expand into the Mexican and Brazilian markets.

Arcium launches Cerberus Protocol

At the conference, Arcium CEO Yannik Schrade announced the launch of Cerberus Protocol, the first practical dishonest majority protocol to realize the zero-trust concept.

Sanctum launches mobile app

Sanctum has launched a mobile app that allows users to earn up to 10% staking rewards through SOL. The waiting list is now open for applications.

Glider releases AI-automated investment application

At the conference, Glider launched its new AI-driven investment application built on Solana, which can execute fully automated investment strategies without gas fees.

Streamflow launches new stablecoin USD+

Streamflow has partnered with M0 to launch a new stablecoin, USD+. This is a Solana-based interest-bearing stablecoin backed 1:1 by US Treasury bonds and paying daily interest.

SendAI releases Suzi

SendAI has released Suzi, an AI investment banking assistant tool that works with Solana.

Squads Protocol launches Expert Advisory feature

Squads Protocol announced the launch of Smart Transactions on Solana, designed to make trading behavior programmable.

New project TIX unveiled

The new project TIX made its debut at the conference. TIX is positioned as an on-chain financing protocol focusing on various large-scale real-world events. It aims to tokenize physical ticketing assets for events such as sports and concerts, breaking the path dependence of performance venues and artists on ticketing platform giants and reducing event costs.