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#Solana
Solana Foundation Poaches Binance, Polygon Veterans for Strategy and Payments Roles
The Solana Foundation has appointed Rachel Conlan as chief strategy officer and former Polygon Labs executive Jamal Raees as GM of payments, drawing talent from the Binance and Polygon ecosystems respectively.
ZetaChain Votes to Shut Down Its Own Layer 1 Network, ZETA Token to Migrate to Solana
ZetaChain's community has voted to shut down its own Layer 1 network and migrate the ZETA token to Solana, with the team shifting its focus to the private AI application Anuma. The migration still requires another vote to be finalized.
OpenSea officially supports Solana NFT transactions, more than four years after the initial beta test
OpenSea announced the addition of Solana NFT trading function, allowing users to buy, sell and exchange digital collectibles on the Solana chain on the platform, more than four years after its initial beta test.
Solana’s handling fees hit a new high, but validators faced the challenge of doubling their income due to inflation.
Solana validators will double the rate of inflation reduction, and the new SOL supply will decrease accordingly; even if the network handling fee reaches a record high during the same period, the rewards that validators can receive for doing the same work may not increase but decrease.
Solana Mainnet Slashes Block Time to 350ms, Next Stop: 200ms
Solana has cut its mainnet slot time down to 350 milliseconds, marking the first step toward its ultimate 200ms goal. The official line is clear: this is about speeding up transaction confirmation, not boosting overall network throughput.
Securitize Teams Up With Neuberger Berman to Tokenize $230B Fixed Income Platform, Launches HINC Fund
Securitize is tokenizing Neuberger Berman's $230 billion fixed income platform, with the new HINC fund deployed simultaneously across four blockchains — Avalanche, Ethereum, Solana, and Sui.
Solana's Block Time Shrinks to 350ms for the First Time — Anza CEO Admits Upgrade Transition Is "Hard But Fast"
Solana mainnet is undergoing its first-ever slot time reduction, cutting it from roughly 400ms down to 350ms, effective starting Epoch 1020. Anza CEO Brennan Watt is also warning developers to watch out for transition risks stemming from SDK constants and the feature-gate activation mechanism.
Bitwise Weighs Tokenizing Solana Staking ETF with Superstate, But Shares Can't Leave the System
Bitwise is evaluating a partnership with Superstate to tokenize shares of its Solana staking ETF; the tokenized version would carry the same rights as traditional book-entry shares, but couldn't be freely transferred outside the system.
Israel's Largest Bank Teams Up With Galaxy to Open Bitcoin, Ether, Solana Trading
Israel's largest bank is opening trading in three major cryptocurrencies through a partnership with Galaxy, echoing the roughly $22 billion in on-chain fund flows the country has seen over the past year.