The Defiant

4 days ago | thedefiant.io | Leo Jakobson

Solana is booming, with record-beating app revenue and 100% network uptime for 16 months, per the latest report from the Solana Foundation. With Solana Exchange Traded Funds in the offing, the No. 6 blockchain by market capitalization is booming, according to the Solana Foundation’s June 2025 Solana Network Health Report. It’s by far the leader in application revenue, consistently beating Ethereum for at least seven months, and in several cases absolutely demolishing it, according to the report.

1 week ago | thedefiant.io | Leo Jakobson

Jupiter DAO has halted voting for the remainder of the year following controversy over team members using their outsized voting power to influence outcomesThe Jupiter decentralized exchange (DEX) has paused governance voting through the end of the year, citing a “perpetual FUD cycle that grows with every vote.”“The current DAO structure isn’t working as intended. We hear the complaints.

1 week ago | thedefiant.io | Denis Omelchenko

Chinese crypto rig makers’ U.S. expansion to dodge tariffs could redirect mining capital, but won’t threaten Bitcoin’s core, Luxor’s COO says. As Chinese crypto mining rig makers Bitmain, Canaan, and MicroBT look to set up factories in the U.S. to avoid rising tariffs, Ethan Vera, Chief Operations Officer at crypto mining infrastructure provider Luxor, says the move won’t hurt Bitcoin’s network, but it could change where miners choose to invest in the future.

1 week ago | thedefiant.io | Leo Jakobson

Both centralized and decentralized stablecoins face risks that can ripple through the crypto ecosystem, according to the analytics firm. Stablecoins are the lubricant that keeps the crypto industry rolling, but they come with distinct risks, according to blockchain analytics firm Chainalysis. Broadly speaking, there are two types of stablecoins: centralized ones like Tether’s USDT and Circle’s USDC, and decentralized ones like Ethena’s USDe and Sky’s (formerly MakerDAO) USDS.

1 week ago | thedefiant.io | Leo Jakobson

Maximal extractable value (MEV) is now the ‘dominant limit to scaling blockchains’ according to the research group. Maximal extractable value, or MEV, has become a problem so severe that it is limiting the ability of major blockchains to scale, according to research group Flashbots. MEV refers to the maximum profit that validators can extract by including, excluding, or reordering transactions within a block.