Consensus Algorithm

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Solana· 2025-08-17 20:46
Solana Network Performance & Upgrades - Solana mainnet achieved 104,529 TPS (transactions per second) [2] - Solana community governance process began for SIMD 326: Alpenglow, a new consensus algorithm aiming for 150ms finality on proposed blocks [1] Institutional Adoption & Financial Services - OSL_HK became the first exchange in Hong Kong to offer Solana (SOL) trading to retail traders [3] - CMB International tokenized CMB's HK–Singapore Mutual Recognition Fund on Solana as CMBMINT [3] - Futu Securities International, managing $100 Billion in assets, now offers Solana trading to eligible traders [3] - BitPay, processing $13 Billion+ in annual crypto payments for 130,000+ merchants, added support for SOL, USDC, and USDT payments on Solana [3] - SolanaReserve introduced a Bloomberg Terminal for institutional SOL adoption, tracking public companies holding SOL [2] Ecosystem Development & New Products - Heliuslabs introduced a Solana orderflow product enabling automatic direct SOL rebates to users [3] - GrandmAIsters launched on Solana mainnet, enabling users to turn any image into an anime agent that plays chess for money [3] - TRUFNETWORK launched on Solana, enabling users to build markets based on any price index [3] - StepFinance launched their mobile wallet featuring One-Click™ earning technology for deploying tokens into yield products across Solana [3] - Farcaster introduced 0% swap fees on Solana [4]