Solana’s Long-Awaited Firedancer Launch Sparks 5% Rally
Solana’s network took a notable step this week as Firedancer, a validator client developed by Jump Crypto, began running on the mainnet, and markets reacted quickly. Related Reading: Is Dogecoin Waking Up? Critical On-Chain Metric Explodes Higher According to Solana’s announcement, the client moved out of a controlled testing phase and is now active for real-world validation. Traders pushed SOL up about 5%, with the token trading close to $140 during the initial move. Firedancer Goes Live On Mainnet During more than 100 days of controlled tests, a small set of validators produced more than....
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Solana’s performance push picked up fresh momentum this week as engineers behind Firedancer, the alternative high-performance validator client spearheaded by Jump, filed a new Solana Improvement Document (SIMD-0370) to remove the network’s block-level compute unit (CU) limit—a change they argue is now redundant after Alpenglow and would immediately translate into higher throughput and lower latency […]
A new public company with a big Bitcoin stash is pitching a bold claim. Twenty One Capital, which listed on the New York Stock Exchange on December 9, arrived with close to $4 billion Bitcoin treasury and now holds the third-largest BTC reserve among public firms. According to the firm’s CEO, Jack Mallers, Bitcoin’s role could expand far beyond a speculative holding. Related Reading: Solana’s Long-Awaited Firedancer Launch Sparks 5% Rally CEO Sees Bitcoin As A Reserve Asset Mallers told viewers on theCUBE+NYSE Wired that Bitcoin has compounded holders’ portfolios at roughly 50% a year over....
Jump Crypto has unveiled a new bug bounty initiative, targeting the inaugural release of Firedancer, a third-party Solana validator client. Developed by Jump Crypto, Firedancer v0.1, also known as Frankendancer, is set to enter an intensive security vetting phase, accompanied by a $1 million prize pool facilitated through the cybersecurity platform, Immunefi. Firedancer represents a […]
Forward Industries, known for making protective casing for medical devices, has announced a massive $1.65B private placement to go big on Solana ($SOL). Backed by big names like Galaxy Digital and Multicoin Capital, the move shows tremendous institutional confidence in Solana’s future. Forward Industries’ stocks shot up by 6% right after the announcement and have […]
Jump Crypto (developers from Firedancer) have proposed to eliminate Solana’s fixed compute block limit. By doing so, the Web3 infrastructure company plans to boost the network’s performance. It’ll also encourage validators with lower-end hardware to upgrade their systems for greater speed and rewards. If all goes as planned, it could be highly beneficial for Solana-based […]