Phantom Staked SOL price

The second similar project in which SOL and JAM were combined - Polana @polana_network Porting Solana to the JAM protocol: Massively parallel execution The following is an excerpt from the Polana white paper Polana extends Solana by using the JAM protocol. By combining Solana's account-based architecture with the highly parallel processing power of JAM, Polana achieves unprecedented transaction throughput while remaining fully compatible with the Solana ecosystem. A blockchain ecosystem that combines Solana's developer experience with the parallel processing power of JAM to enable millions of transactions per second without fragmentation or compromising security Despite Solana's innovative architecture, it faces some limitations: Hardware requirements: 128GB RAM, 12-16 CPU cores for the authenticator Reliability issues: Multiple outages since 2020, including outages of up to 17 hours Single-server bottleneck: Parallelization is limited by the capacity of a single server Validator concentration: About 1,700 validators, compared to more than 8,800 on Ethereum Polana addresses key needs in the blockchain ecosystem: Performance at scale: Enterprise-grade throughput for high-frequency trading, gaming, and institutional use cases Unified experience: Mobility and user experience are not fragmented Cross-Ecosystem Value: New Opportunities for Solana and the Polkadot Community Polana provides three complementary ways to execute Solana programs: sBPF runtime service Embed Solana's Berkeley Packet Filter (sBPF) runtime in PolkaVM Solana programs can be executed without modification Track and validate state transitions before committing to them Bytecode translation Recompile Solana programs from sBPF to LLVM Intermediate Representation (IR) Convert LLVM IR to PVM bytecode Take advantage of RISC-V performance optimization Native PVM compilation (preferred method) Compile Solana programs directly to optimized PVM bytecode Eliminate translation overhead for optimal performance Achieve the highest throughput and lowest latency A future-proof JAM ecosystem initiative Solana's unique programming model requires developers to declare in advance all accounts that transactions will read or write to. This "pure" approach lends itself well to massively parallelization: Pre-declared access: Enables collision detection before execution Non-overlapping execution: Trades that access different accounts run at the same time Multi-core utilization: JAM's architecture distributes execution across hundreds of cores Solana parallelizes within a single machine (theoretically 65,000 TPS), while Polana scales it to hundreds of cores on the JAM network, possibly to: TPS of 500,000 to 1,000,000 for simple transactions 100,000-250,000 TPS for complex smart contract interactions The expansion of JAM Grid will bring millions of TPS in the future Continuous execution of the model One of Polana's breakthrough features is its support for continuous execution – a paradigm shift from the traditional discrete transaction model: How it works Persistent process state: A program can maintain an execution state between transactions Long-running operations: A process can continue across multiple blocks Event-driven architecture: Programs can respond to on-chain events without manual triggering Resource efficiency: Eliminate redundant initialization and computation Continuous execution unlocks entirely new DeFi primitives and use cases: Automated Market Making: A pool of funds that automatically adjusts based on market conditions Algorithmic Trading: An on-chain trading strategy that is continuously executed Dynamic NFTs: Digital assets that evolve automatically over time Autonomous agents: Automated execution procedures for managing assets Real-time risk management: Continuously monitor and adjust positions Developer experience Same programming model: Existing Solana code doesn't need to be changed. Native tool compatibility: Compatible with Anchor, Solidity via Solang, and other tools. Language flexibility: Support for application development languages other than Rust. Interoperability: Enables interaction with other services within the JAM ecosystem. Extensions: Existing Solana protocols with a JAM execution layer allow a pure JAM layer to run on top of the current Solana execution. User experience Seamless wallet integration: Fully compatible with Phantom, Solflare, Backpack, Glow, and all major Solana wallets Same RPC interface: Projects can use the same RPC endpoints and methods Familiar tools: Works with the Solana CLI, Explorer, and development frameworks No need to switch accounts: Users continue to use their existing Solana address No bridging: No need for cross-chain messaging to interact directly with other JAM services Cross-ecosystem value pSOL: Connecting the Ecosystem The introduction of pSOL (a bridged version of SOL in the Polkadot ecosystem) has created tremendous value: New asset class: Bringing Solana's liquidity and active community to Polkadot Extended Use Case: Enable Solana assets in Polkadot DeFi applications Cross-ecosystem development: Facilitate collaboration among the developer community Shared security model: Leverage Polkadot's robust set of validators Use Cases: Continuous trading algorithm Polana's continuous execution model enables complex trading strategies that run autonomously on-chain. Unlike traditional blockchain architectures that require discrete transactions, persistent algorithms can maintain a persistent state and respond to market changes instantly, enabling real-time arbitrage, automatic rebalancing, and complex DeFi protocols that continuously adapt to market conditions. GameFi and Metaverse The continuous execution model enables complex game logic to run directly on-chain, and state progression can occur autonomously. Institutional DeFi Performance, reliability, and security make Polana suitable for institutional-grade financial applications that require regulatory compliance. Cross-chain applications The integration with the Solana and Polkadot ecosystems enables new cross-chain applications with unified liquidity and shared security.

May flew by in a flash 📸 Before we dive into June, let's recap all the exciting things that happened at Phantom last month 👇