每周项目更新：PumpFun 采用 USDC 交易对、Sui 推出无 Gas 稳定币转账、BNB Chain 发布后量子报告等1。 Solana 第一季度链上收入达到 3.422 亿美元； RWA 市值突破 $2.01B linkMessari 的报告显示，2026 年第一季度，Solana 的链上应用总收入（链 GDP）为 3.422 亿美元，其中 PumpFun 产生 1.247 亿美元，仍然是收入最高的应用。实际经济价值 (REV) 下降 1%，至 8950 万美元，在所有网络中仅次于 Hyperliquid。同期，Solana 的 DeFi TVL 下降了 22% 至 61.6 亿美元，主要是由于 SOL 价格下降 33%，而不是用户流失。基于 Solana 的 RWA 的市值增长了 43%，达到 20.1 亿美元，其中 BlackRock BUIDL 为 5.254 亿美元，PRIME 为 3.612 亿美元，ONyc 为 1.454 亿美元。报告还指出，Solana 计划在 Agave 4.1 中推出 Alpenglow 共识升级，用 Rotor 数据传播机制和 Votor 链外投票机制取代现有的 PoH、Tower BFT 和基于 gossip 的投票传播，将交易最终确定性从约 12.8 秒缩短至 150 毫秒。2。 Pump.fun上线USDC交易对 l
基于 Solana 的代币发行平台 inkPump fun 将从 5 月 21 日开始为新发行的代币启用 USDC 对，而现有的 SOL 配对代币不受影响。自 2024 年 1 月推出以来，Pump fun 的代币毕业机制已锁定流动性池中约 507 万个 SOL（约合 4.3 亿美元），这一调整可能会影响 Solana 生态系统内的资本流动。此前，Pump fun 上的大部分交易费用均以 SOL 计价，要求平台将部分收入转换为稳定币，这一做法引发了“从 Solana 生态系统中提取价值”的争议。这一变化是在 Solana 基金会主席 Lily Liu 最近发表“memecoins 并不能定义 Solana”的言论之后发生的。3。 BNB链发布BSC后量子密码学
Weekly Project Updates: PumpFun Adopts USDC Trading Pairs, Sui Launches Gas-free Stablecoin Transfer, BNB Chain Releases Post-quantum Report, etc
1. Solana Q1 On-Chain Revenue Hits $342.2M; RWA Market Cap Tops $2.01B link
Messari’s report shows that in Q1 2026, Solana’s total on-chain application revenue (Chain GDP) was $342.2 million, with PumpFun generating $124.7 million, remaining the highest-revenue application. Real Economic Value (REV) declined by 1% to $89.5 million, second only to Hyperliquid across all networks. Over the same period, Solana’s DeFi TVL fell by 22% to $6.16 billion, mainly due to a 33% drop in SOL price rather than user attrition. The market cap of Solana-based RWAs rose by 43% to $2.01 billion, including BlackRock BUIDL at $525.4 million, PRIME at $361.2 million, and ONyc at $145.4 million. The report also notes that Solana plans to launch the Alpenglow consensus upgrade in Agave 4.1, replacing the existing PoH, Tower BFT, and gossip-based vote propagation with the Rotor data dissemination mechanism and Votor off-chain voting mechanism, reducing transaction finality from approximately 12.8 seconds to 150 milliseconds.
2. Pump.fun Launches USDC Trading Pairs link
Pump fun, the Solana-based token launch platform, will enable USDC pairs for newly issued tokens starting May 21, while existing SOL-paired tokens remain unaffected. Since its launch in January 2024, Pump fun’s token graduation mechanism has locked an estimated 5.07 million SOL (approximately $430 million) in liquidity pools, and this adjustment may impact capital flows within the Solana ecosystem. Previously, most transaction fees on Pump fun were denominated in SOL, requiring the platform to convert part of its revenue into stablecoins — a practice that sparked controversy over “value extraction from the Solana ecosystem”. This change follows recent remarks by Solana Foundation President Lily Liu that “memecoins do not define Solana”.
3. BNB Chain Releases BSC Post-Quantum Cryptography Migration Report link
BNB Chain has released the BSC Post-Quantum Cryptography Migration Report, stating that it has verified the feasibility of post-quantum cryptographic schemes in testing. The scheme replaces transaction signatures with the NIST-standardized ML-DSA-44 and consensus vote aggregation with pqSTARK, maintaining compatibility with existing 20-byte addresses, RPC, SDKs, and wallets. However, tests show that the signature size increases from 65 bytes to 2,420 bytes; at 2,000 TPS, block size rises from approximately 130 KB to around 2 MB, and cross-region TPS drops by about 40%. BNB Chain notes that network and data layer scaling issues caused by data expansion remain the main challenge for production deployment.
4. Sui Launches Gas-Free Stablecoin Transfers link
Sui has launched gasless stablecoin transfers on mainnet. According to the official announcement, this is a new protocol-level feature that allows users and enterprises to conduct peer-to-peer transfers without paying gas fees or holding SUI token balances, meaning stablecoin transfer fees on the Sui network are reduced to $0. The initial supported stablecoins include USDsui, SuiUSDe, AUSD, FDUSD, USDB, USDC, and USDY, with support from Fireblocks.
5. L2Beat: Lighter Enables Trustless Emergency Exit link
L2Beat says it has regenerated from source code all ZK circuits used by Lighter’s perpetuals DEX L2 — including the Lighter verifier and Lighter Desert verifier — enabling a truly trustless, permissionless emergency exit. This means users can independently generate ZK proofs to certify their account state on the L2 and withdraw funds via the Desert verifier on L1, even if the sequencer fails or acts maliciously. Previously, Solana co‑founder Anatoly “Toly” Yakovenko criticized Lighter as “another form of CEX”.
6. x402 Real Volume ~$50K Daily; Base Accounts for 93% link
Since April, real x402 activity volume has stabilized at ~$50,000 daily. Solana has twice as many x402 sellers as Base, yet Base drives 93% of real x402 trading volume. Over the past 30 days, Blockrun and StableEnrich — both tool aggregators — have been the most used x402 services.
7. BENJI Becomes Ethereum’s Largest Tokenized Money Market Fund link
Franklin Templeton’s BENJI has become the largest tokenized money market fund on Ethereum. Over the past month, BENJI’s on-chain market value on Ethereum surged 50% to $1.4 billion, surpassing BUIDL’s $1.1 billion market cap.
8. Echo Protocol: Keys Regained, 955 Stolen eBTC Burned link
Echo Protocol has confirmed that a compromised admin key led to unauthorized eBTC minting on Monad, causing approximately $816,000 in actual losses. The team has since regained control of the admin key and burned the remaining 955 eBTC held by the attacker.
The incident appears isolated to Monad, with no evidence of a breach on Aptos, where the exposure stands at around $71,000. Echo has paused cross-chain functions on Monad and upgraded related contracts, while warning users to watch for phishing links pretending to offer refunds, claims, or recovery portals.
Earlier, PeckShield, citing dcfgod, reported that Echo Protocol was hacked on Monad. The attacker minted 1,000 eBTC (worth $76.7 million), deposited 45 eBTC ($3.45 million) as collateral on Curvance, and borrowed 11.29 WBTC ($868,000). The WBTC was then bridged to Ethereum and swapped for ETH, with about 384 ETH ($822,000) sent to Tornado Cash.
9. Zero Network to Wind Down; Users Must Withdraw by July 31 link
Ethereum L2 network Zero Network is winding down operations to focus resources on Zerion API and wallet. Users must bridge out NFTs, ETH, or other tokens from Zero Network to Ethereum mainnet or other chains by July 31, 2026. Inbound bridges are immediately disabled; outbound bridges remain open until July 31, after which the network will fully shut down and stop producing blocks.
Zero Network was developed by Zerion, a DeFi and NFT portfolio manager, and had raised over $22 million from investors including Wintermute and Coinbase Ventures.
10. On-Chain Dev Startup Syndicate Labs Shuts Down link
a16z-backed on-chain development startup Syndicate announced the shutdown of its business after five years of development. The move comes amid a fundamental transformation and substantial contraction in the Rollup market, as EVM Rollups have ceased to serve as the mainstream standard. The company clarified that the decision is unrelated to the recent cross-chain bridge exploit. All affected clients and SYND holders on the Commons Chain have received full compensation from the company’s treasury reserves. Syndicate had raised over $27 million in funding previously.
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