Cutting Costs: Solana Unveils New On-Chain Storage Solution!

Cutting Costs: Solana Unveils New On-Chain Storage Solution!

Solana, a popular layer-1 blockchain, has recently unveiled a new solution that could drastically decrease the cost of storing data on-chain. This exciting development comes in the form of “state compression” technology that will bring down the cost of minting 1 million non-fungible tokens (NFTs) on the network to around 4 SOL or $110. Solana […]