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SOL is the first token that crypto market maker GSR has longed on
2024-06-27 14:53
Odaily News Crypto market maker GSR said that Solana's market demand and decentralization enable it to join the spot ETF market of Bitcoin and Ethereum. It is reported that SOL is the first token that crypto market maker GSR has gone long on. GSR also listed three core reasons why Solana technology gives it a competitive advantage: 1. The first is Solana's historical proof, which enables validators to generate blocks when it is their turn without the network first reaching a consensus on the current block, bringing huge speed and scalability advantages. 2. Solana enables parallel transaction processing, which can not only significantly increase throughput, but also improve computing speed. 3. GSR pointed out that Solana has historically had high requirements for hardware and bandwidth, optimizing speed and security at the expense of decentralization. (TheBlock)