Solana News Update: Sonami Addresses Solana's Scalability Issues for Live dApps
- Sonami ($SNMI) raises $2M in presale for Solana Layer 2 solution to reduce network congestion and improve transaction efficiency for real-time dApps. - 40% of 82.999B tokens allocated to development/exchange listings, with post-presale utility including Layer 2 bridging and exchange listings at $0.0019 price. - Solana ecosystem expands with Solmate's UAE validator (0% commission) and Alchemy's 20x faster infrastructure upgrades, addressing scalability as ETF inflows hit $294M. - Blazpay's AI-driven presa
Sonami ($SNMI) has revealed notable advancements in its efforts and the introduction of its
The token is presently priced at $0.0019, reflecting robust investor enthusiasm, and the project's roadmap highlights a commitment to openness and community-led expansion, per LiveBitcoinNews.
Sonami’s Layer 2 initiative is in step with broader advancements across the Solana network. Solmate Infrastructure (SLMT) has recently introduced the UAE’s inaugural bare-metal Solana validator, operating at zero commission and intended to boost validator capacity and transaction throughput, according to a
Interest from institutional investors in Solana has also climbed, with ETFs such as Bitwise’s BSOL and Grayscale’s GSOL drawing over $294 million in combined inflows since their debut on October 28, according to Yahoo Finance. Retail participation is also rebounding, shown by a 2.73% increase in SOL futures open interest to $7.64 billion and a positive shift in the OI-weighted funding rate, as reported by
Web3 infrastructure provider Alchemy has further strengthened Solana’s appeal to institutions by revamping its Solana stack. This redesign, created in partnership with ecosystem collaborators, delivers archive calls that are 20 times faster and achieves 99.95% uptime, addressing scalability constraints as ETF interest rises, according to CryptoNews. This upgrade is essential for supporting high-frequency transactions across wallets, exchanges, and dApps.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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