• Solayer’s mainnet launch enhances Solana’s network with innovative restaking for bandwidth efficiency.
• Solayer gains traction with $160M TVL, boosting Solana’s decentralized cloud capabilities.
• Wormhole’s ‘Era3’ roadmap targets institutional adoption with streamlined cross-chain solutions.

Solayer has officially launched its Solana Restaking Protocol on the mainnet, marking a significant milestone in optimizing Solana’s network. Announced in a post on X, Solayer introduced its endogenous Active Validator System (AVS) standard, which aims to address Solana’s network congestion issues through innovative restaking mechanisms.

Launched on May 21st, Solayer has rapidly gained traction, crossing over $160 million in Total Value Locked (TVL). The platform’s primary focus is solving network congestion on Solana by re-using staked SOL…

The post Solayer’s Solana Restaking Mainnet Launch Secures $160M TVL in Record Time appeared first on Coin Edition.

• Solayer’s mainnet launch enhances Solana’s network with innovative restaking for bandwidth efficiency.
• Solayer gains traction with $160M TVL, boosting Solana’s decentralized cloud capabilities.
• Wormhole’s ‘Era3’ roadmap targets institutional adoption with streamlined cross-chain solutions.

Solayer has officially launched its Solana Restaking Protocol on the mainnet, marking a significant milestone in optimizing Solana’s network. Announced in a post on X, Solayer introduced its endogenous Active Validator System (AVS) standard, which aims to address Solana’s network congestion issues through innovative restaking mechanisms.

Launched on May 21st, Solayer has rapidly gained traction, crossing over $160 million in Total Value Locked (TVL). The platform’s primary focus is solving network congestion on Solana by re-using staked SOL…

The post Solayer’s Solana Restaking Mainnet Launch Secures $160M TVL in Record Time appeared first on Coin Edition.