logo
Ajna Capital Invests in SuperSol: Powering Solana's First Native Layer-2 to Drive Scalable On-Chain Growth

Ajna Capital Invests in SuperSol: Powering Solana's First Native Layer-2 to Drive Scalable On-Chain Growth

Yahoo21-05-2025

DUBAI, UAE, May 21, 2025 /PRNewswire/ -- Ajna Capital, a leading early-stage Web3 venture fund, has included SuperSol as part of its growing portfolio of next-generation blockchain investments. SuperSol, the first native Layer-2 solution purpose-built for the Solana blockchain, represents one of several strategic projects Ajna Capital is backing to drive scalable on-chain growth. This founding stake highlights Ajna Capital's conviction in Solana as a foundational asset class for the next generation of internet infrastructure — and its commitment to supporting projects that make Solana faster, more scalable, and more resilient.
SuperSol addresses critical challenges in the Solana ecosystem — including network congestion and performance bottlenecks — by introducing a rollup-based architecture that improves throughput and lowers costs without fragmenting liquidity. Unlike traditional L2s, SuperSol is designed to be seamless for users and developers, ensuring that transactions ultimately settle back on Solana's base layer without requiring ecosystem migration.
At the heart of SuperSol's innovation are its Evanescent Rollups, a demand-driven approach to high-speed execution on Solana. These rollups activate dynamically, processing transactions off-chain and submitting cryptographic proofs to Solana's mainnet only when necessary. This ensures instant transactions and scalability without overloading the base layer. By preventing wasted resources and reducing computational overhead, SuperSol ensures predictable transaction costs, allowing developers to build with confidence.
Eva Oberholzer, CEO of SuperSol, brings a wealth of experience to the project. As the former Chief Growth Officer at both Cardano and Dfinity, she has been instrumental in scaling blockchain ecosystems. Eva co-founded SuperSol to scale Solana efficiently while preserving the speed, security, and efficiency that define it.
"We're building the most robust Layer-2 for Solana — designed from the ground up for high-performance applications," said Eva Oberholzer. "With Ajna's backing, we're doubling down on our vision to deliver seamless scalability for gaming, DeFi, and beyond."
Key Highlights of SuperSol:
Solana-Native L2: SuperSol is the first Layer-2 rollup architecture designed specifically for Solana, optimized for high throughput and ultra-low latency.
Evanescent Rollups: A demand-driven approach to high-speed execution, ensuring instant transactions and scalability without overloading the base layer.
No Fragmentation: All SuperSol transactions eventually settle on Solana, maintaining composability and liquidity across the ecosystem.
Built for High-Performance Apps: From DeFi to GameFi to DePIN, SuperSol's infrastructure enables real-time, scalable execution for demanding applications.
Developer-Focused Execution: Offers customizable environments tailored to the needs of next-gen Solana builders.
SuperSol is currently raising a strategic round to scale its team, expand validator infrastructure, and onboard its first wave of DeFi and gaming partners, alongside several other high-potential Web3 projects supported by Ajna Capital.
"Being an early investor in Solana — SuperSol was a natural extension and a no-brainer," said Gourish Singla, Founding Managing Partner of Ajna Capital. "Their rollup-first approach is exactly what the network needs right now: scalability without compromise, composability without fragmentation. We're excited to support their mission to make Solana unstoppable."
About Ajna CapitalAjna Capital is a Web3-native early-stage venture fund backing bold founders building core infrastructure and real-world blockchain applications.
About SuperSolSuperSol is a blockchain infrastructure company developing Layer-2 scaling solutions to enhance performance and usability within the Solana ecosystem.
SuperSol on X/Twitter: https://x.com/_supersol
ContactAjna Capitalpr@ajna.capital
Photo: https://mma.prnewswire.com/media/2693113/Ajna_Capital.jpg
View original content to download multimedia:https://www.prnewswire.com/news-releases/ajna-capital-invests-in-supersol-powering-solanas-first-native-layer-2-to-drive-scalable-on-chain-growth-302462031.html
SOURCE Ajna Capital

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Hong Kong Airlines Celebrates Inaugural Flight to Sydney
Hong Kong Airlines Celebrates Inaugural Flight to Sydney

Yahoo

time7 hours ago

  • Yahoo

Hong Kong Airlines Celebrates Inaugural Flight to Sydney

Offering Travellers More Direct Flight Options to Australia HONG KONG, June 21, 2025 /PRNewswire/ -- Hong Kong Airlines' inaugural flight between Hong Kong and Sydney, Australia, departed yesterday, making it the second local airline to operate this route and providing greater travel options for business, leisure, and transit passengers. To mark this new milestone in its network expansion, Hong Kong Airlines held celebratory events at both Hong Kong International Airport (HKIA) and Sydney Airport (SYD). Prior to departure, a launch ceremony was held at the boarding gate of the HKIA. The event was attended by distinguished guests, including Mr Jeff Sun, President of Hong Kong Airlines; Mr Ian McGraw from the Australian Consulate-General in Hong Kong; Ms Carmen Tam and Ms Vivien Yuen from Tourism Australia; Ms Jennifer Tung from Destination New South Wales; and Mr Ricky Chong from Airport Authority Hong Kong. The guests interacted with passengers and presented them with bespoke souvenirs to commemorate the historic occasion. During the event, Hong Kong Airlines President Mr Jeff Sun stated: "As a full-service local carrier, the launch of our Sydney service marks a significant step in our transformation to an international airline. Sydney is not only a popular destination for leisure and business travel but also one of Australia's most vital economic hubs. The expansion of the bilateral traffic rights agreement allows us to offer more choice to travellers in both cities, strengthening the connection between them." He added, "While Hong Kong Airlines may be a younger brand in the mature Australian market, we are endeavouring in our commitment to providing quality service. We operate this route with our Airbus A330 aircraft, featuring comfortable business and economy class cabins, and strive to deliver a passenger-centric in-flight experience through attentive service and fine dining for our long-haul customers." Sydney Airport CEO Mr Scott Charlton said: "We're proud to welcome Hong Kong Airlines to Sydney as our 52nd airline partner with its strong reputation for service excellence, efficiency and value. This inaugural service comes on the back of the first expansion in bilateral air traffic rights between Australia and Hong Kong in 19 years and we thank the Albanese Federal Government for its role in enabling this important agreement, which reflects the strength of our longstanding cultural and economic ties." NSW Minister for Jobs and Tourism Steve Kamper, said: "Hong Kong is a priority international market for NSW, with incoming travellers contributing substantially to the NSW visitor economy. The Minns Labor Government has made it very clear; we want to grow our visitor economy and the best way to do this is by increasing airline capacity and unlocking new international markets for NSW. We've set our sights on increasing the state's aviation capacity by 8.5 million seats, and this new Hong Kong route will complement other new routes we're securing as we work towards landing this goal." Mr Wang Yu, Consul General of People's Republic of China (Sydney), said: "As the second Hong Kong-based airline to operate the Hong Kong–Sydney route, Hong Kong Airlines not only provides a convenient new option for traveling between China and Australia, but also contributes to enhanced exchanges among students, tourists, business professionals and friends from all walks of life. This new service will strengthen Hong Kong and Sydney's role as vital gateways for the flow of people and goods, injecting fresh momentum into the economic and cultural ties between China and Australia. Its launch will also attract more international travelers to transit through Hong Kong or Sydney, further strengthening both cities' positions as global aviation hubs and creating new opportunities for trade and investment. Looking ahead, the Consulate-General of China in Sydney will continue to encourage and support airlines from both China and Australia in restoring or launching new routes based on the principle of mutual benefit and win-win cooperation. We believe that Hong Kong Airlines will continuously enhance its service quality and showcase a good corporate image." Also in attendance at the Sydney welcome ceremony were representatives from the Consulate-General of the People's Republic of China in Sydney, Destination NSW and the Hong Kong Economic and Trade Office (Sydney). Exclusive Lounge Access for Connecting Passengers To celebrate the launch of the new service, passengers travelling on this route and transit at Hong Kong for selected Hong Kong Airlines flights* to Vancouver, Bali, Tokyo, Osaka, Fukuoka, Shanghai (Pudong), Haikou, or Sanya, between 20 June and 31 October 2025, will receive complimentary access to the airline's flagship lounge "Club Autus" at Hong Kong International Airport. *Please click here for the relevant terms and conditions. Expanding Route Network The launch of the Sydney service indicates Hong Kong Airlines' overarching strategy for its network expansion. Coupled with the various significant destinations that have been inaugurated or reinstated since the start of the year, including Gold Coast in Australia, Vancouver in Canada, and Hulunbuir in Inner Mongolia of mainland China, the airline has cultivated a more extensive and diversified route map. This further underscores Hong Kong Airlines' commitment and contribution to the aviation industry's recovery and long-term development. In addition to the new routes, the Company also increased the frequency of services on multiple routes to cater to the summer travel demand. This includes the resumption of seasonal flights to the Maldives and an increase in flights to Da Nang to two per day. Additionally, flights to Shanghai Pudong will be increased to four per day, while services to Hangzhou and Nanjing will become twice day. The variety of flight times available throughout the day provides business, leisure, and transit passengers with the flexibility to plan their itineraries. The Company will launch another new service in July, providing passengers with more travel options. Hong Kong Airlines flight schedule* between Hong Kong and Sydney is as follows (All times local): Route Flight Number Departure Arrival Frequency HKG – SYD HX017 22:25 09:50+1 Daily SYD – HKG HX018 11:30 19:10 * Flight number and schedule may change without prior notice Please download high-resolution photos through this link. About Hong Kong Airlines Established in 2006, Hong Kong Airlines is a full-service airline firmly rooted in Hong Kong. The airline flies to over 30 destinations across the Asia Pacific and North America, and currently maintains interline and codeshares with multiple airline partners and ferry service providers. Hong Kong Airlines operates an all-Airbus fleet. It has been awarded the internationally acclaimed four-star rating from Skytrax since 2011. For more information, please visit or our social media channels on LinkedIn, Twitter, Instagram and Facebook. View original content to download multimedia: SOURCE Hong Kong Airlines Inicia sesión para acceder a tu portafolio

Leading the world! BJMINING is known as the safest and most efficient cloud mining platform
Leading the world! BJMINING is known as the safest and most efficient cloud mining platform

Business Upturn

timea day ago

  • Business Upturn

Leading the world! BJMINING is known as the safest and most efficient cloud mining platform

Blackpool, Lancashire, England, UK, June 20, 2025 (GLOBE NEWSWIRE) — Market Trends Key trends in the cryptocurrency space for June 2025 include: Altcoin Season Signals: Discussions on platforms like X (formerly Twitter), such as those by @Danny_Crypton, suggest a decline in BTC dominance may signal the beginning of an altcoin season. Solana, Ripple, and Dogecoin are gaining attention for their high growth potential. AI-Blockchain Integration: AI-powered blockchain projects—like decentralized AI networks—are on the rise. According to Exploding Topics, this fusion is set to drive innovation across both finance and tech sectors. Institutional Bitcoin Adoption: Businesses are increasingly adopting Bitcoin through treasury strategies involving ETFs and bonds. Reuters reports this trend is injecting long-term confidence into the market. Explosion in Cryptocurrency Volume: As of June, there are over 37 million unique cryptocurrencies globally. Tangem projects this number could reach 100 million by year-end, illustrating the market's diversity. While leading cryptocurrencies have seen recent price dips, several altcoins have performed well—ALT, IO, and HAEDAL surged by 16%, 8%, and 7% respectively (Binance). This volatility presents diverse opportunities for investors. BJMINING: A Global Leader in Cloud Mining Compliance & Security BJMINING is a UK-registered enterprise, operating in accordance with international regulatory standards such as ESG. It uses dual encryption protection by McAfee® and Cloudflare®, and all assets are fully insured by AIG. Key Features & Advantages Global Mining Operations: With over 60 mining farms worldwide, BJMINING leverages AI to optimize hash power allocation. According to MoneyCheck, this global presence ensures operational stability. Sustainable Mining: All mining farms are powered by 100% renewable energy (solar, wind, and hydro). Waste heat is repurposed for community heating, a practice praised by TechBullion for supporting carbon neutrality. Low Investment Barrier: Minimum investment starts at just $100, and new users receive a $15 bonus upon registration. NFTEvening notes this accessibility attracts a wide user base. Technological Innovation: BJMINING recently implemented AI-powered mining algorithms that dynamically adjust strategies based on market conditions and energy prices. Its mobile app enables users to monitor mining activities in real time. Transparency & Security: The platform charges no hidden fees, automatically settles earnings every 24 hours, and supports free withdrawals in BTC, ETH, DOGE, LTC, and more. Its referral program offers 3% direct and 2% indirect commissions. Educational Resources: BJMINING provides tutorials, webinars, and 24/7 customer support to help users understand cloud mining and market dynamics. Mining Contract Profitability Table BJMINING offers a variety of mining contracts tailored to different investment needs. Below is a sample profitability table based on June 2025 market data: If you invest $12,000 in an Antminer L7 contract, by day 40 you could receive a total of $18,720: your principal plus $6,720 profit. Navigating Market Volatility BJMINING's cloud mining services offer investors a way to mitigate market volatility. Through fixed-term contracts, users can earn stable returns based on mining output without being directly exposed to price fluctuations. AI algorithms further optimize hash power distribution, ensuring continued profitability even during market downturns. Why Choose BJMINING? In the dynamic market of 2025, BJMINING stands out with the following strengths: UK Market Leadership: BJMINING adheres to ESG green energy standards and is recognized by multiple international blockchain associations. MoneyCheck ranks it as the most preferred cloud mining platform globally. User-Friendly: With a low investment threshold starting at just $100 and an intuitive mobile app, BJMINING is suitable for all types of investors. Sustainability: The platform is a leader in eco-friendly practices, utilizing 100% renewable energy and repurposing mining heat for community heating programs. Diverse Options: BJMINING supports multiple cryptocurrencies and offers flexible contract terms to meet the needs of users worldwide. Conclusion In June 2025, the cryptocurrency market continues to exhibit both growth and volatility. The emergence of altcoin season, the integration of AI with blockchain, and increased institutional adoption present promising opportunities for investors. BJMINING, with its global operations, sustainable practices, and innovative technology, delivers stable and efficient cloud mining services to users in over 180 countries. Whether you're aiming for high-yield Bitcoin mining or steady Dogecoin returns, BJMINING is your ideal partner in the digital asset space. Sign up and get 15$: Or contact the official email of the platform: [email protected] Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash

China's Tai'an Mining Equipment Accelerates 'Going Global'
China's Tai'an Mining Equipment Accelerates 'Going Global'

Yahoo

timea day ago

  • Yahoo

China's Tai'an Mining Equipment Accelerates 'Going Global'

TAI'AN, China, June 20, 2025 /PRNewswire/ -- This is a report from the Shandong 0ffice of Hong Kong Business Daily. Recently, the "Vietnam China Shandong (Tai'an) Mining and Processing Technology Exhibition" was held in Vietnam to assist mining equipment enterprises in Tai'an City in exploring the Southeast Asian market. This exhibition is the first overseas self held exhibition of Tai'an's "Mount Taishan Brand Global Travel" campaign. A total of 21 mining equipment enterprises went to Vietnam to participate in this event, achieving an intended turnover of more than 50 million dollars, reaching more than 50 agency cooperation intentions, and achieving good trade results. This exhibition adopts a three in one model of "exhibition+trade docking+promotion", which provides a new platform for Sino Vietnamese mining equipment industry cooperation for enterprises. During the event, 126 buyers including Vietnam Coal Group were attracted to negotiate and connect. Tai'an Chuangdong New Material Technology Co., Ltd. signed a 1.2 million head order at the exhibition site, with an annual procurement scale of over 10 million US dollars, and simultaneously reached a memorandum of cooperation on new product technology. Shandong Ruiyu Mining Materials Processing Co., Ltd. seized the opportunity of cooperation in the raw material supply chain, opened up new growth points for subsequent business, successfully entered the largest support material supply chain system in Vietnam, and is expected to export over 2000 tons of goods annually. Tai'an Mount Taishan Huakun Machinery Co., Ltd. signed a technical cooperation memorandum with Yuemei Group on intelligent upgrading; Yongtai Mining Technology Co., Ltd. in Daiyue District, Tai'an City has obtained 5 customer process improvement needs, and 2 Vietnamese buyers plan to visit Thailand in June to inspect production lines and carry out deeper cooperation. The Tai'an Municipal Bureau of Commerce held a meeting to discuss the supply and demand of mining and processing technology equipment in Vietnam (Tai'an), and visited leading units in the Vietnamese coal mining industry such as the Vietnam Coal Mining Industry Group and the Vietnam Machinery Association. Next, Tai'an will continue to implement the activity of "Mount Taishan Brand Global Travel", organize and carry out key exhibitions such as "Russian International Construction and Construction Machinery Exhibition", "Sri Lanka Colombo Building Materials and Construction Machinery Exhibition", "Oman Construction Machinery and International Building Materials Exhibition", and help foreign trade enterprises in Tai'an expand emerging markets in Central Asia, the Middle East, Africa, etc. View original content: SOURCE Shandong Office of Hong Kong Business Daily

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store