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Solana news (SOL): Wall Street tech is coming to crypto as DoubleZero rolls out high-speed data for blockchain

CoinDesk
DoubleZero has launched a high-speed data platform for Solana to provide traders with faster, Wall Street-style market information.

Summary

DoubleZero Foundation has introduced DoubleZero Edge, a new data infrastructure platform designed to provide high-speed, real-time market data for the Solana blockchain. By utilizing private fiber networks and multicast technology, the system aims to reduce latency for high-frequency trading firms, effectively bringing Wall Street-level infrastructure to the crypto market. The platform also features a new economic model where Solana validators earn revenue for providing data, while traders pay via USDC for improved execution and tighter spreads.

(Source:CoinDesk)