Solana will be the second blockchain with two independent validation clients.
Galaxy Score and other stats seemed to favor SOL.
Solana [SOL] recently reached another milestone as it became the second blockchain to have two independent validation clients. According to an announcement on January 13, Firedancer has become the ecosystem’s new validator. This new onboarding will reduce strife in Solana’s parallel VM, resulting in more efficient block production.
Firedancer is a new independent validation client for the Solana network. It’s built on a different dependency tree – meaning once it’s live on mainnet beta alongside the existing client, it will increase network resiliency to a bug in the client implementation.
— Solana (@solana) January 12, 2023
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What’s in store for Solana’s NFT space?
The end of 2022 was not as expected for Solana’s NFT ecosystem as several top NFT projects, including y00t, announced they would move to Polygon [MATIC] during the first quarter of 2023. However, the new year brought good news Solana.
Solana Daily, a Twitter account that posts updates related to the ecosystem, revealed the upcoming Solana NFTs by Upvoting on Magic Eden in a tweet on Jan. 13.
Upcoming Solana NFTs by voting for Magic Eden in January and February 2023 ☀☀@cyberskies_io@Yenft_io@TheSquaresNFTs@Custodios_nft@TheWLProjectNFT@solChristBears@OceanicHorrors@SOLmyths@empireduels@engineersnft@MagicEden #Solana $SOL pic.twitter.com/SXWR5ZPixO
— Solana Daily (@solana_daily) January 12, 2023
Santiment’s chart also painted a positive picture of the ecosystem’s NFT space. According to the data, while the total number of NFT transactions has decreased slightly, the total USD trading volume has increased over the past seven days.
Source: Sentiment
How many Worth 1,10,100 SOLs today?
A promising week indeed
The past week went well for investors SOLprice skyrocketed. According to CoinMarketCap, the token’s weekly gains were over 28%, and at the time of writing it was valued at $16.87, with a market cap of over $6.2 billion. In addition, SOLs Galaxy score was also quite high, which was bullish.
In addition, DeFiLlamas data revealed that the total locked value of SOL has increased since early 2023. Solana’s development activity has also increased, reflecting the developers’ increased efforts to improve the blockchain. SOL also remained popular in the crypto space as social dominance registered a spike.
Source: Sentiment
This post Analyzing whether Solana can continue her bull run after a new milestone
was published first on https://ambcrypto.com/solana-bull-rally-might-continue-because-of-this-achievement/
