The post Solana hitting 1M TPS, memecoin rug pull seizures to put SOL on US digital asset stockpile radar appeared on BitcoinEthereumNews.com.

While Solana is up just 5% over the past year, global sentiment around the altcoin is bullish due to its potential technical capabilities to outperform its main rivals in performance. Solana’s Firedancer validator client, expected to leave testnet in 2025, is demonstrating transaction-per-second capabilities exceeding one million in test environments, a development aimed at solving core blockchain scalability challenges. This leap in performance, designed to enhance network stability, is occurring as Solana gains attention from both government and corporate sectors. The asset’s potential inclusion in a US digital asset stockpile and a trend of public companies converting treasury reserves to SOL point to growing confidence in the network’s technical roadmap. Solana Firedancer validator The Firedancer validator client, developed by Jump Crypto, addresses historical criticisms of Solana’s network stability. By introducing a C++ client alongside the original Rust-based version, the initiative aims to enhance client diversity and mitigate the risk of a single bug causing a network-wide halt. Firedancer’s architecture uses a custom networking stack and optimized cryptography, which allows it to exceed one million transactions per second in test settings. The hybrid version of the client, known as Frankendancer, has been live on the mainnet with early adopters since September 2024, with the full mainnet release projected for later in 2025. The successful deployment of this technology is central to attracting enterprise-grade applications that require high network reliability. Alongside technical improvements, the Solana community should keep track of policy developments in the United States. An Executive Order signed on March 6 established a “Strategic Bitcoin Reserve” and a separate “U.S. Digital Asset Stockpile” for non-bitcoin assets. While the order itself does not name specific altcoins, President Donald Trump’s statement on March 3 included Solana in the broader US strategic crypto initiative. As the Federal Register outlines, any government holding of Solana…

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Filed under: News - @ June 12, 2025 10:24 am