Solana Weekly Recap (12 July 2026): One Billion Transactions, Epoch 1000, BonkDAO Attack and FullSend
The Solana weekly recap: Solana passes one billion transactions in a week for the first time and reaches epoch 1000, a governance attack costs BonkDAO around $20M, Jito and Privy ship FullSend — and Breakpoint is coming to London.
The second week of July 2026 was about records and maturity for Solana — and an expensive governance lesson. The network processed more than one billion user transactions in a single week for the first time and passed its 1,000th epoch, while an attack on BonkDAO showed that the biggest weakness is not always in the code. We summarize the key developments and link our detailed coverage of each.
Network and Milestones
- One billion transactions in a week: in the week to 6 July, Solana processed more than one billion non-vote transactions for the first time — real usage excluding validator voting, averaging roughly 1,600 transactions per second. → Read more
- Epoch 1000 reached: mainnet passed its 1,000th epoch; the Solana Foundation is celebrating with an official page and a wallet checker that shows — without connecting — how long an address has been active. → Read more
Security and Governance
- BonkDAO loses around $20M: a malicious but duly approved governance proposal (BIP #76) drained the treasury — no smart-contract bug, but purchased voting power (around $4M was enough to decide the vote). A lesson in governance security. → Read more
Infrastructure
- FullSend from Jito and Privy: Privy integrates the transaction-landing service built with Jito; Privy cites 99.999% landing reliability since January, with MEV protection built in. → Read more
DeFi and Tokenized Assets
- Backpack launches 24/7 trading for real US equities: by its own account the first 24/7 market for real US equities (SpaceX, Micron, SanDisk) — backed 1:1 by shares in custody, with a tokenized representation on Solana. → Read more
Ecosystem and Events
- Breakpoint 2026 comes to London: Solana’s flagship conference takes place from 15 to 17 November in Europe for the first time (Olympia London); organizers expect more than 6,000 attendees from over 100 countries. → Read more
Wallets in Brief
- Phantom reported short-lived authentication and latency issues on 11 and 12 July, affecting sends and swaps among other things. Per its status page the issues were resolved; funds remained safe on-chain throughout, and there was no Solana network problem.
Further Reading
Not financial advice. This weekly recap summarizes publicly reported developments. Tokenized securities and DAO governance are subject to different rules depending on the country.