This Week in Signal Teams — Solana and Basic Attention Token
Every week we comb through hundreds of FTX Signals to bring you the most significant team updates with brief analyses to help you understand the latest developments in blockchain.
Macro Crypto News This Week
- FTX to Acquire Stake in BlockFi
- Visa Launches Bitcoin Cards in Latin America
- University of Cincinnati to Launch Crypto Curriculum
- Cardano Developers Delay Vasil Hard Fork by a Month
- Outflows from Largest Spot Bitcoin ETF Accelerated Decline
- Citibank Launching Bitcoin Custody Services
- Newly Elected Colombian President Supports Bitcoin
- U.K Drops Plans for Data Collection on Self-Custody Wallets
Top FTX Signals This Week
- Solana Announces Mobile Stack
- Brave Announces Filecoin Integration with Brave Wallet v1.40
Solana Announces Mobile Stack
“Announcing the Solana Mobile Stack! It’s the toolkit you need to build beautiful, seamless web3 mobile experiences, coming first on Saga, a flagship device from Solana Mobile. Yes, Solana Mobile is launching a phone.”
— Austin Federa, Head of Communications, Solana Labs
Summary
- Solana Mobile Stack is an SDK that comes with the tools that developers need — including a hardware-encoded Seed Vault — to publish mobile dApps and distribute them through a specialized storefront.
- Saga is a flagship-quality Android device purpose-built for crypto. They are accepting pre-orders now and plan to ship in early 2023.
- Available to early adopters of Saga, the Saga Pass NFT is the first step in influencing the direction of the Solana Mobile Stack. Developers, degens, and power users will be prioritized first.
- To help kickstart a new mobile ecosystem, SolanaFndn has started a $10M fund to encourage growth of mobile dApps.
Significance
This stack and the Saga phone will help developers to build mobile seamless web3 mobile experiences that have never been possible before. And they have good chances of success, given that Solana founders spent years as engineers working on wireless protocols at Qualcomm.
Price at the time of FTX Signal: $39. View SOL on FTX.
Brave Announces Filecoin Integration with Brave Wallet v1.40
“Today is a big day! Not only is NFT NYC 2022 finally here, but it’s also release day for Brave Wallet v1.40.”
— Jennie T, Director of Community and Partnership
Summary
- Brave Wallet v1.40 includes a new integration with Filecoin, which allows users to store their most important files and documents on a decentralized network, rather than a centralized service.
- In addition, there are pre-loaded integrations with Avalanche, Binance Smart Chain, Celo, Fantom, Polygon, and Optimism.
- Mobile DApp support for Ethereum and EVM-compatible chains and support on desktop (Solana) has also been added with this latest release.
Significance
Brave is expanding on the mission of making Brave Wallet a safe, easy-to-use onramp to Web3. It gives users easy access to new chains and decentralized apps (DApps), right in the browser, no extensions required. This move brings added security to Web3.
Price at the time of FTX Signal: $0.37. View BAT on FTX.
Quotes of the Week:
“Bitcoin can help solve the world’s income inequality problem.”
— Forbes
“A trillion dollars will come into this market overnight.”
— Shark Tank’s Kevin O’Leary on Bitcoin Regulation
Chart of the Week:
The Bitcoin Mayer Multiple is currently trading near 0.5, meaning the price is nearly a 50% discount to the 200-day Moving Average. Bitcoin prices have only closed at a Mayer Multiple value of 0.5 or lower on 3% of all trading days.
Thanks for joining us and we look forward to bringing you our top FTX Signals again next week.
Jason Hamlin
Ecosystem Insights @ FTX
FTX Signal is a first-of-its-kind communications platform built exclusively for token teams to connect and engage with their communities. Over 1,000 token team CEOs and team leaders actively use the platform to provide relevant project updates directly to FTX’s 6 million+ users. Learn more.
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