Reporting · technology
Solana ecosystem review cites faster slots and Alpenglow consensus
NewsBTC reported on the Solana Foundation's November 6 ecosystem review, which covers a faster slot time, the Alpenglow consensus switch and growth in tokenized assets and stablecoin use.
What happened
NewsBTC reported on the Solana Foundation's November 6 ecosystem review, which covers a faster slot time, the Alpenglow consensus switch and growth in tokenized assets and stablecoin use.
Why it matters
The review points to changes in network speed and consensus, along with real-world asset and stablecoin activity, that bear on how the blockchain is used.
NewsBTC reported that the Solana Foundation published an ecosystem review on November 6, summarizing recent developments on the network. According to that coverage, SIMD-0525 moved through its final stage and went live on October 9, lowering the target slot time from 400 milliseconds to 200 milliseconds. Separately, Alpenglow took over from TowerBFT consensus on October 21, and it aims for finality of around 150 milliseconds.
According to NewsBTC, the network's real-world asset total hit $5 billion over October. The same coverage put decentralized exchange volume near $60 billion, and it counted 14 million wallet addresses that hold stablecoins. J.P. Morgan Asset Management introduced tokenized money market funds through Morgan Money, while stablecoin and remittance flows involve Samsung Wallet, Fiserv and Western Union.
NewsBTC noted that some of these integrations are already live, while others are still planned or running as pilots. The report also warned that the metrics track different things and cannot be compared directly with one another.
Sources
Machine-written from the publishers’ reports and checked against them · How Dextape writes
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