• Solana has become the second blockchain to have two independent validator clients.
• Upcoming Solana NFTs have been revealed by Upvoting on Magic Eden in Jan & Feb 2023.
• Santiment’s chart suggests a positive outlook for the ecosystem’s NFT space.
Solana has recently become the second blockchain to have two independent validator clients. The announcement was made on 13 January, with Firedancer becoming the new validator. This new addition will reduce contention in Solana’s parallel VM, resulting in more efficient block production. Firedancer is a newly independent validator client built on a different dependency tree, meaning it will help increase the resiliency of the network to any potential bugs in the client implementation.
The end of 2022 did not look promising for the Solana NFT ecosystem, as several top projects announced they would bridge to Polygon [MATIC] during the first quarter of 2023. However, the new year brought positive news with the announcement of upcoming Solana NFTs by Upvoting on Magic Eden. These new NFTs will be released during the months of January and February.
Santiment’s chart shows a positive outlook for the NFT space of Solana. Though the total NFT trade count registered a slight decline, its total trade volume in USD went up over the past two months. This suggests that there is still interest in the ecosystem’s NFT space and that it is growing.
Overall, the recent developments in Solana’s network seem to be in its favor. The addition of a new validator and the announcement of upcoming NFTs are likely to increase the adoption of the blockchain. This will in turn, have a positive effect on its Galaxy Score and other metrics. As the ecosystem grows, it will be interesting to see how it develops and the impact it has on the blockchain space.