KuCoin Launches Solayer (SOLAYER) Spot Trading Today
The post KuCoin Launches Solayer (SOLAYER) Spot Trading Today appeared on BitcoinEthereumNews.com.
KuCoin launches Solayer (SOLAYER) spot trading today at 14:00 UTC. Withdrawals for SOLAYER will be available starting at 10:00 UTC on February 12, 2025. Solayer’s InfiniSVM architecture aims to achieve over 1 million transactions per second. Crypto exchange KuCoin has announced the listing of Solayer (SOLAYER) on its spot trading platform. Users can now trade the SOLAYER/USDT pair on the platform. According to the announcement, the spot trading commenced today, February 11, at 14:00 UTC. Meanwhile, withdrawals for SOLAYER will go live starting at 10:00 UTC on February 12. Right from the get-go, SOLAYER/USDT will work seamlessly with KuCoin’s full range of trading bots. These include Spot Grid, Infinity Grid, DCA, Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend. These handy tools give users automated strategies to boost their trading experience. Ticker Mix-Up: SOLAYER vs. LAYER One heads-up for traders: KuCoin is listing the cryptocurrency under the name SOLAYER because of a ticker duplication issue – even though its official on-chain ticker is LAYER. To keep things clear, users should verify the contract address before making transactions. The official contract address can be accessed on Solscan. Solayer’s Blockchain Innovation Solayer is designed to push blockchain performance to new limits through its InfiniSVM architecture. The system leverages Infiniband RDMA technology for ultra-fast inter-node communication and incorporates advanced concurrency control strategies to enhance efficiency. Related: KuCoin Lists Three Solana-Based AI Tokens: BUZZ, GRIFT, SNAI With a focus on scalability, Solayer aims to support over one million transactions per second and exceed 100 Gbps in network bandwidth. The project was launched in the first quarter of 2024 and is positioned as a solution for decentralized applications that require high throughput, low fees, and seamless composability. KuCoin’s Listing Spree Continues The listing of Solayer continues a recent run of high-profile…
Filed under: News - @ February 11, 2025 2:27 pm