The Solana ecosystem, one of the leading blockchains in the market, is gearing up for a transformative year with two key announcements: the launch of Orangefin, a mobile app for staking, and the upgrade of its network with Solana L2, designed to address scalability and performance issues. These advancements aim to consolidate Solana as a dominant player in the world of cryptocurrencies.
Orangefin: Simplified mobile staking
The new Orangefin app, launched exclusively on the Solana Saga dApp Store, allows users to stake Solana tokens ($SOLX) directly from their mobile phones. With an annual percentage yield (APY) for staking between 8% and 10%, the app not only enhances accessibility for investors but also incorporates advanced security features, such as a private key storage (seed vault).
