Phantom Sol price

The second project combining SOL and JAM is Polana @polana_network Porting Solana to the JAM protocol: large-scale parallel execution The following content is excerpted from the Polana white paper Polana expands Solana using the JAM protocol. By combining Solana's account-based architecture with JAM's high parallel processing capabilities, Polana achieves unprecedented transaction throughput while maintaining full compatibility with the Solana ecosystem. A blockchain ecosystem that combines the developer experience of Solana with the parallel processing capabilities of JAM, achieving millions of transactions per second without fragmentation or compromising security. Despite Solana's innovative architecture, it still faces some limitations: Hardware requirements: 128GB RAM, validators need 12-16 CPU cores Reliability issues: multiple outages since 2020, including a 17-hour outage Single-machine bottleneck: parallelization is limited by the capacity of a single server Validator centralization: about 1,700 validators, while Ethereum has over 8,800 Polana meets key needs in the blockchain ecosystem: Scalable performance: enterprise-level throughput for high-frequency trading, gaming, and institutional use cases Unified experience: liquidity and user experience are not fragmented Cross-ecosystem value: new opportunities for the Solana and Polkadot communities Polana offers three complementary methods to execute Solana programs: sBPF runtime service Embedding Solana's Berkeley Packet Filter (sBPF) runtime in PolkaVM Solana programs can be executed without modification Tracking and verifying state transitions before commitments Bytecode transpilation Recompiling Solana programs from sBPF to LLVM intermediate representation (IR) Converting LLVM IR to PVM bytecode Leveraging RISC-V performance optimizations Native PVM compilation (preferred method) Directly compiling Solana programs into optimized PVM bytecode Eliminating translation overhead for optimal performance Achieving the highest throughput and lowest latency Future JAM ecosystem plans Solana's unique programming model requires developers to declare all accounts that transactions will read from or write to in advance. This "pure" approach is well-suited for large-scale parallelization: Pre-declared access: enables conflict detection before execution Non-overlapping execution: transactions accessing different accounts run simultaneously Multi-core utilization: JAM's architecture distributes execution across hundreds of cores Solana achieves parallelization within a single machine (theoretically 65,000 TPS), while Polana scales it to hundreds of cores on the JAM network, potentially reaching: TPS for simple transactions of 500,000 to 1,000,000 100,000-250,000 TPS for complex smart contract interactions Future JAM Grid expansions will bring millions of TPS Continuous execution model A groundbreaking feature of Polana is its support for continuous execution—this is a paradigm shift from traditional discrete transaction models: How it works Persistent process state: programs can maintain execution state between transactions Long-running operations: processes can continue executing across multiple blocks Event-driven architecture: programs can respond to on-chain events without manual triggering Resource efficiency: eliminating redundant initialization and computation Continuous execution unlocks new DeFi primitives and use cases: Automated market making: liquidity pools that adjust automatically based on market conditions Algorithmic trading: on-chain trading strategies with continuous execution Dynamic NFTs: digital assets that evolve autonomously over time Autonomous agents: automated execution programs managing assets Real-time risk management: continuous monitoring and adjustment of positions Developer experience Same programming model: existing Solana code requires no changes. Native tool compatibility: compatible with Anchor, Solidity via Solang, and other tools. Language flexibility: supports application development languages beyond Rust. Interoperability: enables interaction with other services within the JAM ecosystem. Scalability: existing Solana protocols with JAM execution layers allow pure JAM layers to run on top of current Solana execution. User experience Seamless wallet integration: fully compatible with Phantom, Solflare, Backpack, Glow, and all major Solana wallets Same RPC interface: projects can use the same RPC endpoints and methods Familiar tools: can be used with Solana CLI, Explorer, and development frameworks No account switching: users continue to use their existing Solana addresses No bridging: direct interaction with other JAM services without cross-chain messaging Cross-ecosystem value pSOL: connecting ecosystems The introduction of pSOL (the bridged version of SOL in the Polkadot ecosystem) creates significant value: New asset class: bringing Solana's liquidity and active community into Polkadot Expanded use cases: enabling Solana assets in Polkadot DeFi applications Cross-ecosystem development: facilitating collaboration between developer communities Shared security model: leveraging Polkadot's robust validator set Use cases Continuous trading algorithms Polana's continuous execution model supports complex trading strategies that autonomously run on-chain. Unlike traditional blockchain architectures that require discrete transactions, continuous algorithms can maintain persistent states and respond instantly to market changes, enabling real-time arbitrage, automated rebalancing, and complex DeFi protocols that continuously adapt to market conditions. GameFi and Metaverse The continuous execution model allows complex game logic to run directly on-chain, with state progression occurring autonomously. Institutional DeFi Performance, reliability, and security make Polana suitable for institutional-grade financial applications that require regulatory compliance. Cross-chain applications Integration with Solana and Polkadot ecosystems enables a new type of cross-chain applications with unified liquidity and shared security.

1/ 🚨 Dune Digest 10 is live! This week we cover: • @NEARProtocol’s sub-second finality • @phantom’s PSOL launch • @StellarOrg’s rise in the RWA race • @solana’s memecoin multiverse • @avax’s record-breaking growth Let’s dive in 🧵

May 15th's #crypto news, launches, and new project findings summarized into 1 thread daily. Asia’s leading Web2 iGaming platform @bk8_io is jumping into Web3 with its native token $BK—ready to rival Stake, Rollbit & Shuffle. Visit their Twitter for exclusive drops, news & more! BK8 is sponsoring C4. Here's what's happening today: 📰News VanEck launches their onchain economy ETF @Tether_to announces QVAC @Coinbase Discloses Data Breach Mastercard to Roll Out New Stablecoin Cards [Project Updates] @phantom launching their own LST PSOL @0xFluid updates on current issues with ETH-USDC pool @kaitoai discloses market-making agreement with Web3Port (terminated) @NousResearch introduces Psyche @0xSonicLabs secures court order to liquidate Multichain Foundation to recoup losses @BinanceWallet announces $AGT TGE on their platform [Threads/Reads] @0xKyle__ thread about $FRAX @Defi_made_here breaks down Synthetix x Derive proposal @degentradingLSD explains $JELLYJELLY 50% crash in 1 day 🚀Launches @AIxVC_Axelrod TGE live on Base @orogoldapp private beta live on Solana @harborfinance_ TGE 4pm UTC on HyperEVM @SonicLabs shards program today @MaplestoryU NXPC TGE live on CEXs @Acurast Coinlist IDO 5pm UTC 💎 New Projects @KYDLabs @polldotfun @tryaltitude @nakamoto @startuponsol For more info do check out the TG!

JUST IN: @PHANTOM WALLET INTRODUCES $PSOL, A LIQUID STAKING TOKEN BUILT ON @SOLANA. Source: @SolanaFloor