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Bitcoin(BTC)
$62,990.59
+4.29%
Solana(SOL)
$143.34
+9.34%
Ethereum(ETH)
$2,467.56
+5.58%
Toncoin(TON)
$5.70
+1.11%
Enjin Coin(ENJ)
$0.15
+5.81%
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$0.65
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Xai(XAI)
$0.20
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Artificial Superintelligence Alliance(FET)
$1.50
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ZetaChain(ZETA)
$0.68
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Big Time(BIGTIME)
$0.15
+5.08%
Reef(REEF)
$0.00
+36.73%
Polygon(MATIC)
$0.40
+3.82%
Manta Network(MANTA)
$0.75
+6.03%
Dogecoin(DOGE)
$0.11
+3.59%
Conflux(CFX)
$0.15
+3.89%
Cardano(ADA)
$0.35
+4.58%
USDC(USDC)
$1.00
-0.02%
Can Solana’s ZK Compression Upgrade Fuel SOL Price Surge?
By
Coin Edition
about 8 hours ago
FUELX
SOL
X
X
HIGHER
- ZK Compression cuts developer costs by 1000X, boosts SOL scalability.
- Solana’s price rose by 73% in 24 hours amid a new ZK compression upgrade.
- Market volatility persists as Fed comments affect broader crypto sentiment.
Solana has rolled out an update for developers, ZK Compression upgrade, leading some to speculate on the price of $SOL to reach as high as $300.
As highlighted on X by Altcoin Buzz, an analytics firm, the new ZK Compression upgrade will drastically cut developer costs and boost network scalability. This major development has already had a positive effect on SOL’s price, which is up 5.73% in the last 24 hours.
ZK Compression: Lower Costs, Higher Scalability
The latest ZK Compression update, now live on Solana’s mainnet, tackles the high costs tied to on-chain transactions and storage.…
The post Can Solana’s ZK Compression Upgrade Fuel SOL Price Surge? appeared first on Coin Edition.
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