This year will probably be the year in which the Solana network sees the highest % improvement in performance and UX in a single year. Certainly no prior year compares:
1) huge improvements to Agave (new greedy scheduler, CU limits, turbine, etc.)
2) new consensus algo in Q4 (will reduce time to finality)
3) Firedancer
4) Doublezero
5) maybe APE (asynchronous program execution)
6) native cryptographic support for passkeys in April (huge UX improvement)
Is @solana's Q4 the best in blockchain history?
- Chain GDP +213% to $840M
- TVL hits $8.6B
- DEX volume +150% to $3.3B daily
- Liquid-staked SOL +33% to 11.2%
- 18 Firedancer validators
- Stablecoins +36% to $5.1B
- DePIN, PayFi, and more
Solana Q4 Highlights 👇
https://t.co/pFMEv6E6u8
Solana reached a new high marketcap of $140,000,000,000. But it’s still 1/3rd the value of Ethereum.
Is it possible for $SOL to flip $ETH, and if so when?
As a founder of one of the largest Solana projects, $PYTH here’s what people are missing:
🇺🇸 BREAKING: The SEC has launched a new crypto task force, led by Commissioner Peirce, aimed at establishing a clear regulatory framework for the cryptocurrency industry.
Talked to the team at @krakenfx today. Their Solana infra is humming along. Dev team is awesome.
Use Kraken for an alternative CEX. DO NOT use Coinbase if you want to do anything with Solana.
We're thrilled to share we've raised a $150M Series C at a $3B valuation, co-led by @sequoia and @paradigm.
This milestone accelerates our mission to build the world’s biggest and most-trusted consumer finance platform.
Today @kankanivishal and I released a Solana Improvement Proposal to reduce Solana inflation.
As Solana matures, stakers increasingly earn SOL through mechanisms like MEV. This income stream reduces the network's historical exclusive reliance on token emissions to attract stake and security.
Given the level of economic activity the network has achieved and the subsequent revenue earned by stakers from MEV, now is a good time to revisit the network’s emission mechanism and evolve it from a fixed-schedule mechanism to a programmatic, market-driven mechanism.
The purpose of token emissions in Proof of Stake networks is to attract stakers and validators to secure the network. Therefore, the most efficient amount of token issuance is the lowest rate possible necessary to secure the network.
Given Solana’s thriving economic activity, it makes sense to evolve the network’s monetary policy with “smart emissions.” Smart emissions would dynamically increase emissions to incentivize participation when stake drops to secure the network while also reducing emissions to the minimum necessary amount to secure the network.
Historically, issuance curves have remained static due to Bitcoin’s immutability ethos—a “Bitcoin Hangover”. While immutability suits Bitcoin’s mission to become digital gold, it doesn’t map to Solana’s mission to synchronize the world’s state at lightspeed.
This is wild. Solana futures ETF filing bf Solana futures even exist! Oh and let’s do a 2x while we’re. Hard core.. and prob good sign Solana futures on way which arguable bodes well for spot odds. And this was supposed to be a quiet week!
People will really celebrate a chain with 4 validators and then call Solana centralized in the same sentence
One day people will realize the absolute feat of engineering that it is to push 5,000 TPS with 2,000 boxes distributed around the globe
Few appreciate or realize this