2024

Solana

Value

Time

Coin

<ul class="news-points wp-block-list" "wp-block-list"> 
 <li>Solayer’s mainnet launch enhances Solana’s network with innovative restaking for bandwidth efficiency.</li> 
 <li>Solayer gains traction with $160M TVL, boosting Solana’s decentralized cloud capabilities.</li> 
 <li>Wormhole’s ‘Era3’ roadmap targets institutional adoption with streamlined cross-chain solutions.</li> 
</ul> 
Solayer has officially launched its Solana Restaking Protocol on the mainnet, marking a significant milestone in optimizing Solana’s network. Announced in a post on X, Solayer introduced its endogenous Active Validator System (AVS) standard, which aims to address <a href="https://coinedition.com/solana-network-back-after-6-hour-long-outage-restoring-client-services/">Solana’s network</a> congestion issues through innovative restaking mechanisms. 
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 2/ We are incredibly humbled to introduce the Solana Restaking [endogenous AVS] standard on mainnet… …focusing on Solana's network bandwidth optimization through restaking with our inaugural endo AVS: &gt; <a href="https://twitter.com/bonk_inu?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@bonk_inu</a> &gt; <a href="https://twitter.com/alt_layer?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@alt_layer</a> &gt; <a href="https://twitter.com/HashKeyCloud?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@HashKeyCloud</a> &gt; <a href="https://twitter.com/SonicSVM?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@SonicSVM</a> read more:… <a href="https://t.co/9ygSF86tYR" target="_blank" rel="nofollow">pic.twitter.com/9ygSF86tYR</a>— Solayer (@solayer_labs) <a href="https://twitter.com/solayer_labs/status/1823778250440798573?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 14, 2024</a>
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Launched on May 21st, Solayer has rapidly gained traction, crossing over $160 million in Total Value Locked (TVL). The platform’s primary focus is solving network congestion on Solana by re-using staked SOL…
The post <a href="https://coinedition.com/solayers-solana-restaking-mainnet-launch-secures-160m-tvl-in-record-time/">Solayer’s Solana Restaking Mainnet Launch Secures $160M TVL in Record Time</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Solayer’s Solana Restaking Mainnet Launch Secures $160M TVL in Record Time

Coin Edition

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