One of many core Solana (SOL) builders, with work on the long-awaited Firedancer improve, has left the undertaking to begin his personal platform. Pseudonymous Cantelopepeel will launch Unto Labs and a brand new high-performance L1 layer.
Cantelopepeel, also referred to as Liam on GitHub, introduced he’s parting methods with the Firedancer Solana undertaking. The pseudonymous developer will begin on his personal undertaking, aiming to construct a high-performance L1. The developer will begin with a small agile staff, predicting person progress for high-performance chains in 2025.
The choice to go away Solana arrives simply as Ethereum Developer Eric Conner left the Ethereum Basis after disagreements with management choices.
Unto Labs to supply L1 constructed from scratch
Primarily based on his expertise with Solana, Cantelopepeel goals to construct a brand new L1 chain from scratch. The Unto Labs L1 chain can have a brand new kind of digital machine and construct its personal consensus mechanism.
Oh hey! https://t.co/WAXVg99bak
— Unto Labs (@UntoLabs) January 22, 2025
The developer predicts an setting with tens of hundreds of thousands of every day energetic wallets. To this point, Solana carries round 5M every day energetic wallets, even with bot exercise. The bullish prediction from Cantelopepeel led to the choice for a brand-new L1.
Solana Firedancer continues to be in accelerated testing
Solana’s Firedancer has been in growth for 2 years, although there may be nonetheless no set deadline for the launch. Cantelopepeel has been with the undertaking for all of that point, leaving simply because the replace is predicted to return stay within the subsequent few months. Firedancer is a brand new validator shopper for Solana, developed by Leap Crypto, a division of the Leap Buying and selling Group.
The Solana Basis is presently busy lobbying for extra testing of Firedancer. Testnet validators have began utilizing the Frankendancer 0.3 model for the previous week. The Solana Basis goals to supply a shopper that can be sooner and forestall consensus failures, because it prepares Solana for a lot wider adoption.
The Firedancer replace is seen as bullish for Solana, particularly after the current interval of failed transactions. Analysts from Binance talked about Firedancer as one of many bullish developments for Solana, on par with the launch of an ETF. The function is predicted to deal with as much as 1M transactions per second.
The Firedancer replace has been awaited for months and is usually seen as a set off for a brand new value rally for SOL. The bullish replace should face setbacks as a result of anticipated 11.2M SOL unlock in March, the largest occasion for the 12 months.
Firedancer has no set deadline however is predicted to return by the top of Q2. As much as 19 validators have upgraded to Firedancer as their node software program, and are operating it as a part of the stay consensus. Nevertheless, the shopper didn’t assist Solana scale throughout its current stress take a look at with Official Trump (TRUMP) meme tokens.
The present alpha model manages to fill double the variety of transactions into Solana blocks, at the least beneath testing circumstances. The brand new strategy will take a look at the complete Solana infrastructure and remedy the difficulty of block inclusion. Throughout one of many document buying and selling days, validators gained greater than 100K SOL from precedence charges and suggestions, displaying the necessity for larger Solana capability.
High sign or bullish prediction for SOL?
The current meme token frenzy confirmed Solana might increase extra to accommodate peak DEX volumes. The site visitors, nonetheless, strained the community closely.
When it comes to value motion, SOL stopped its rally above $272. For some, the launch of the TRUMP token was a short lived high sign, and Solana would return to baseline exercise.
SOL managed to climb again above $270.12 after DEX exercise and high-fee manufacturing continued. Solana additionally benefitted from the battle on Ethereum’s future, because the chain failed to supply a high-throughput platform for memes and cheaper DEX swaps.
