Article One: What is Solayer and Why Is It Important?
In the world of digital currencies, we are witnessing rapid evolution in the underlying blockchain architectures, each competing to offer faster, cheaper, and more secure performance. Within this race, Solayer presents us with an innovative project that aims to elevate the Solana network through a new concept known as Restaking.
It is not just a protocol but a comprehensive platform for digital currencies that enhances network security and transaction trading speed intelligently and effectively.
What really sets it apart?
1. Restaking Service on Solana
Solayer enables SOL users or Staked-SOL (LSTs) tokens to participate in securing the network through the restaking of their assets (similar to the behavior popularized in the EigenLayer project on Ethereum), but in a native and integrated manner within the Solana network.
Thus, users do not pay for stopping earning returns, but can earn more while contributing to supporting the entire system.
2. High Performance and Technical Innovation (InfiniSVM)
Solayer offers an architectural technology called InfiniSVM, which relies on integrating advanced technologies such as Infiniband and RDMA to achieve massive processing speeds of over one million transactions per second (1M+ TPS) and a bandwidth of approximately 100 Gbps. The result? Almost instantaneous transactions, with no noticeable delays.
3. The Importance of the Project and Its Current Impact
Since its launch in early 2024, Solayer has gained strong trust from the community and institutions.
It has achieved a total value locked (TVL) exceeding hundreds of millions of SOL dollars, funded by strategic entities such as Binance Labs, which expressed its desire to accelerate the growth of the Solana network thanks to this project.
Summary
In this article, we learned about the native Restaking protocol on Solana, which combines giant performance and advanced technologies (InfiniSVM), while already achieving high standards of security and reliability.
The project effectively contributes to addressing the challenges of scalability and performance in blockchain.
Sources
This article is based on:
The official website of the Solayer project
Educational articles from Gate and CoinMarketCap Academy
Report from OKX Learn
Announcement of the partnership with Binance Labs on the project blog
