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Xandeum to Unveil Solutions for Scaling Solana Storage at Breakpoint 2024

Sep 19, 2024
  1. Introducing Xandeum's Storage Technologies
  2. New Liquid Staking Platform
  3. Innovations in the Solana Ecosystem

At the upcoming Solana Breakpoint 2024 conference in Singapore, Xandeum will unveil its latest developments for scaling the Solana storage system. The company will also announce the launch of its storage-enabled liquid staking program and the new XAND token.

Introducing Xandeum's Storage Technologies

Xandeum has developed a new data storage layer that allows dApps to scale by accessing virtually unlimited storage. This technology will significantly expand applications on the Solana network by introducing a 'hard drive' for the 'world computer'.

'A low-cost, decentralized storage solution will drastically expand the application landscape,' says Tommy Johnson, co-founder and lead engineer at Armada.Tommy Johnson

New Liquid Staking Platform

At Breakpoint 2024, Xandeum will announce the launch of the liquid staking platform, slated for October 29, 2024. The platform will capture future storage fees for xandSOL stakers, with early participants eligible for up to 10x rewards.

Innovations in the Solana Ecosystem

Xandeum's developments will address current data storage issues in Solana, known as 'accounts,' which are insufficient to hold even a few gigabytes per dApp. Xandeum Labs has raised $2.8 million for its scaling solutions, supporting a new wave of scalable web3 dApps while maintaining Solana's security and decentralization.

Xandeum's introduction of a new storage layer will significantly enhance the Solana ecosystem, fostering the growth and development of web3 applications.

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