Solana's Firedancer client has officially launched on the mainnet following over 100 days of testing, leading to a 5% increase in the price of SOL, which approached $140. Developed in C and C++, Firedancer has successfully processed more than 50,000 blocks without experiencing downtime. Validator migration to Firedancer is on the rise, with 20% of validators switching clients, although staked SOL on the new client remains below 1%.
In addition to the technical advancements, Solana ETFs have attracted $11 million in inflows, contrasting with outflows from Bitcoin and Ethereum ETFs. This development highlights growing investor interest in Solana amid the successful deployment of its new client.
Solana's Firedancer Launch Boosts SOL Price by 5%
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
