In a notable step highlighting the accelerating evolution in the Solana blockchain scene, Binance Labs recently announced a strategic investment in the Solayer project, a leading restaking project aimed at developing the security and effectiveness of decentralized applications (dApps) across the Solana network. This was reported in an official post on Binance Square dated August 7, 2024.

Solayer aims to expand the base layer security of the blockchain (Layer 1) to reflect on external dApps, through a decentralized audited network based on proof-of-stake mechanisms. Users can also participate through staking to obtain native yields via MEV-boost, as well as additional profits from Delegated Actively Validated Services (AVS).

In less than 60 days from the launch of phase one, Solayer made a strong leap to the thirteenth rank among the largest protocols on Solana according to DeFiLlama, recording over $150 million in Total Value Locked (TVL) and more than 70,000 unique deposit addresses. CryptoNews indicates that the funding will enable the team to expand its workforce, onboard new protocols, and explore solutions for the network congestion crisis using restaking infrastructure.

According to Binance Research, Solayer is the first restaking protocol on Solana, and is working on developing InfiniSVM, a Layer-1 blockchain enhanced with programmable hardware, aiming for speeds exceeding 1 million transactions per second (TPS) and a network bandwidth exceeding 100 Gbps, enabling applications to perform at an exceptional level with near-zero latency. The platform itself confirms that InfiniSVM uses SDN and RDMA to achieve this advanced performance.

The technical uniqueness is not limited to InfiniSVM alone, but the Solayer project includes vibrant elements such as sUSD (stablecoin with yield backed by U.S. Treasury securities), the Emerald Card for savings on the blockchain, and the Mega Validator with the highest SOL APY yield.

In other developments, Solayer topped the list of the most traded projects on RootData during a later period, heralding broad community support and high demand for its upcoming community offering. The announcement of the postponement of the community sale start to January 16 due to registrations exceeding expectations by 15 times reflects the strength of the achieved momentum.

Solayer has also revealed its roadmap for 2025, which includes the launch of the accelerated InfiniSVM and hardware, and providing restaking infrastructure for wide adoption and improved network security, according to Blockchain.News.

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> Solayer innovates the future of Solana – strategic investment and high-performance technology

Binance Labs recently announced a strategic investment in Solayer, the leading restaking protocol on Solana, to enhance the security and effectiveness of decentralized applications and expand core network capacity. In less than 60 days from its launch, Solayer became one of the largest 13 protocols on Solana, with a TVL rate exceeding $150 million and more than 70,000 unique deposit addresses.

Thanks to this funding, Solayer intends to expand its team and ensure new partnerships with other protocols, focusing on improving network congestion through advanced restaking architecture. In-depth, it is developing the InfiniSVM architecture, a hardware-accelerated Layer-1 blockchain capable of reaching a million transactions/second and a bandwidth exceeding 100 Gbps, supported by SDN and RDMA technologies to achieve unprecedented network performance.

Furthermore, Solayer offers premium products such as sUSD (stablecoin with U.S. Treasury yield), the Emerald Card for savings on the blockchain, and the Mega Validator with attractive APY yields.

Solayer also topped the RootData HOT list during a later period, with the postponement of the community sale start to January 16 due to the massive demand – 15× more than expected.

The 2025 roadmap supports the readiness for the launch of the accelerated InfiniSVM and the expansion of the Restaking infrastructure to make Solayer infrastructure a cornerstone in the decentralized Solana environment.

In light of these transformations, Solayer seems to be carving its path to the forefront of the blockchain scene, driven by strong funding, revolutionary technical architecture, and products that enhance the integration of security, performance, and decentralized governance.

@solayer_labs #BuiltonSolayer $LAYER