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Decentralized Capital Markets Research & Articles: www.shoal.gg Twitter: https://twitter.com/Shoalresearch TG link: https://t.me/shoalresearch Website: Shoalresearch.xyz
WalletConnect $WCT is Coming to Solana
Powered by Wormhole NTT, and in partnership with Phantom, JupiterDAO, Backpack, and Solflare
> 5 million $WCT set for airdrop👇
Source: https://x.com/WalletConnect/status/1925991105633427860
Solana Introduces the Solana Attestation Service
A new open source, permissionless protocol to attest to anything—the trust layer for internet capital markets
Prediction Market Kalshi Enables Solana Deposits
Source: https://x.com/Kalshi/status/1925930116527350156
Trump: I am Recommending a Straight 50% Tariff on the European Union, Starting on June 1, 2025.
Source: realDonaldTrump/posts/114556968834547173" rel="nofollow">https://truthsocial.com/@realDonaldTrump/posts/114556968834547173
Wormhole Has Announced a Strategic Integration to Bring DOGE to Solana, Powered by its NTT
Source: https://wormhole.com/blog/usd35-billion-doge-going-multichain-with-wormhole-ntt-starting-with-solana
World Raises $135M from A16z and Bain Capital Crypto to Fund Network Expansion
Source: https://world.org/blog/announcements/world-raises-135m
Farcaster Now Supports Solana
Wallet and mini apps now work with Solana
> Fund $10 of SOL to increase your chance for upcoming airdrops from Solana teams👇
Source: https://x.com/farcaster_xyz/status/1925613335871164865
Sui Statement on the Cetus Smart Contract Hack
A large number of validators identified the addresses with the stolen funds and are ignoring transactions on those addresses until further notice.
Vana Brings Data Tokens to Solana’s Onchain Capital Markets
Vana is bringing trading support for VRC-20 data tokens to Solana blockchain, a major step in unlocking financial liquidity for user-owned data.
> VRC-20 tokens on Vana allow individuals to monetize, control, and govern their data in a decentralized manner.👇
Source: https://www.vana.org/posts/trading-vrc20-data-tokens-on-solana
Apple, Tesla, Nvidia Shares To Trade As Tokens On Kraken: WSJ
Source: https://x.com/DeItaone/status/1925548995574739367
May 21st~ Rollup
🐚 Research and Ideation 💡
- Alea Research: Rumpel - Access Instant Liquidity from Points
- Rex Woodbury | Digital Native: How AI Is Reinventing Wealth Advisory
- Cork Research: Different Types of Stablecoins and Their Depeg Risks
🐚 Project Updates 🔔
- Solana Mobile Announces $SKR Token, Confirms Seeker Shipping Date
- Google Unveils Veo 3 Video Generation Model
- Gavel: Solana's First Sandwich-Resistant AMM
- Drift x Securitize: Bringing Tokenized Version of Apollo's ACRED to DeFi on Solana
Cetus, Main LP Provider DEX on SUI, Reportedly Hacked and Lost More Than $260M
> The hacker is converting the stolen funds into USDC and cross-chaining to Ethereum to exchange for ETH, with ~60M USDC already cross-chained.
x.com/0xAbhiP/status/1925509608871010350?t=a03A6K8wpDoOwSv9U0SytQ&s=19
x.com/0xsweep/status/1925502992557461703?s=46&t=2q9OLMlaobNlHLewOXT4uA
Source: https://x.com/lookonchain/status/1925520316044046809
⚡️$110,000 BTC ⚡️
BTC Breaks $110k for the First Time in History
Google Unveils Veo 3 Video Generation Model
> Veo 3 lets you generate videos with sound effects, background noises and even dialogue.
> You get to create high-quality, 8-second videos with native audio generation by just describing what you have in mind
> Starting in the US, Veo 3 is available on Google AI Ultra plan.
x.com/GeminiApp/status/1924893675529900467
Source: https://gemini.google/overview/video-generation/
HyperFND X Account Has Been Compromised
⚠️ Do Not Engage or Click on Links
Source: https://x.com/hyperliquidx/status/1926170012110159950
Louie: Beyond the Casino - The Next Five Years of Solana
The essay argues Solana’s “casino” phase of memecoins is a catalyst, not a liability, seeding users, liquidity, and culture. They're part of the story, not a detour from it.
> The next five years won’t be about running from that identity but maturing beyond it
> Solana’s speed, consumer-focused apps, Firedancer upgrade, and growing institutional backing could make it the go-to chain for real-time mainstream use beyond speculation over the next five years
Source: https://louieajacob.substack.com/p/beyond-the-casino-the-next-five-years
May 22nd Rollup
🐚 Research and Ideation 💡
- a16z: How to Protect Yourself After a Personal Data Breach
- Alea Research: Spectra Finance - The First Yield Trading Protocol
🐚 News 📕
- Strategy Announces $2.1 Billion STRF At-The-Market Program
- WSJ: Apple, Tesla, Nvidia Shares To Trade As Tokens On Kraken
🐚 Project Updates 🔔
- Cetus Protocol Reportedly Hacked and Lost More Than $260M
- Cetus Protocol Confirms Attacker Stole ~$223M
- Vana Brings Data Tokens to Solana’s Onchain Capital Markets
- Kraken Announce Partnership with Backed for the launch of xStocks on Solana
- Sui Statement on the Cetus Smart Contract Hack
- Anthropic Introduces Claude Opus 4 and Claude Sonnet 4
- Farcaster Now Supports Solana
- Jupiter Lend: Advanced Money Market on Solana
- Wormhole Announce Strategic Integration to Bring DOGE to Solana
🐚 Raises 💰
- World Raises $135M from A16z and Bain Capital Crypto to Fund Network Expansion
Alea Research: Spectra Finance - The First Yield Trading Protocol
Spectra is an EVM-centric protocol for interest rate derivatives with an easy-to-use flagship app.
> Spectra allows anyone to deploy a pool for any interest-bearing token/vault compatible with ERC-4626 in an entirely permissionless manner.
> This article covers Spectra’s growth thesis, performance metrics, and more.👇
Source: https://alearesearch.substack.com/p/spectra-finance-the-first-yield-trading
a16z: How to Protect Yourself After a Personal Data Breach
A comprehensive guide on how to respond to, and proactively defend against the fallout from data breaches, both immediately and long term:
> Take immediate action e.g Freeze your credit
> Secure your online accounts
> Lock down your phone
> Stay vigilant against social engineering
> Monitor your social media accounts👇
Source: https://a16zcrypto.com/posts/article/how-to-protect-after-data-breach/
On the Motive for the $135M Worldcoin Buy
Matt Hougan, Eddy Lazzarin (a16z), Stefan Cohen (partner @ Bain) reacts👇
Source: https://x.com/stefancoh/status/1925580963871891701?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Jupiter Lend: Advanced Money Market on Solana
Powered by Fluid (Coming Summer, 2025.)
> Leverage Jupiter Lend to unlock instant liquidity against your crypto collateral. For early access👇
Source: https://x.com/JupiterExchange/status/1925614551162138901
Anthropic Introduces Claude Opus 4 and Claude Sonnet 4, Available Today for All Paid Plans
> Says Claude Opus 4 is their most powerful model yet, and best coding model.
> Claude Sonnet 4 is an upgrade to Claude Sonnet 3.7, it delivers superior coding & reasoning.👇
https://www.anthropic.com/news/claude-4
Source: https://x.com/AnthropicAI/status/1925591505332576377
Kraken Announce Partnership with Backed for the launch of xStocks on Solana
> xStocks will offer tokenized versions of U.S.-listed equities, available soon to eligible Kraken clients in select non-U.S. markets.👇
Source: https://x.com/krakenfx/status/1925572090456850759
Cetus Protocol Confirms Attacker Stole ~$223M
> Says $162M of the compromised funds have been successfully paused👇
Source: https://x.com/CetusProtocol/status/1925567348586815622
Strategy to Raise up to $2.1 Billion Through the Issuance of its 10.00% Series A Perpetual Strife Preferred Stock
Source: https://www.strategy.com/strf-atm-launch-05-22-2025
Announcement from Cetus Protocol
Source: https://x.com/CetusProtocol/status/1925515662346404024
Drift Teams Up with Securitize to Bring Tokenized Version of Apollo's ACRED to DeFi on Solana
> Drift Institutional is a new white-glove service to help institutions bring real-world assets onchain into Solana's DeFi ecosystem.
> Drift is bringing Apollo’s Diversified Credit Fund (ACRED)—its flagship $1B private credit strategy into DeFi on Solana for the first time via Securitize.
Source: https://www.drift.trade/updates/introducing-drift-institutional
Gavel: Solana's First Sandwich-Resistant AMM
Gavel is a platform for equitable on-chain token distribution and liquidity bootstrapping. It provides:
> Sniper-resistant auctions for sourcing capital
> Day 1 price discovery without frontrunning👇
Source: https://x.com/jarxiao/status/1925201106579157060
Cork Research: Different Types of Stablecoins and Their Depeg Risks
An in-depth analysis of stablecoin vulnerabilities.
Source: https://www.cork.tech/blog/different-stablecoin-risk