Solana (SOL) now available for on-chain staking on this crypto exchange SOL $SOL solana Blockchain
According to staking rewards, Solana ranks as the second largest staking network after Ethereum, with a staking market cap of $7,956,072,148. Solana has a staking ratio of 72.55%. The number of stakers over the last seven days currently stands at 588,976.
At the time of writing, SOL was marginally up 0.41% in the last 24 hours at $20.19. The token ranks as the tenth largest cryptocurrency with a market capitalization of $7.83 billion.Solana is taking its vision to enable decentralized applications to scale to millions of users with a newly introduced"state compression" that will enable it to cost even less to build user-first Web3 projects.
State compression represents a new way to store data directly on-chain that cuts down on costs by magnitudes of scale, Solana stated in a
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