Grass, an AI-driven web crawling project utilizing the Solana network, has successfully concluded its closed beta phase, marking the completion of its final epoch. This phase allowed Grass to demonstrate its capability to cover the entire web, a feat achieved by only two other companies. Grass has already onboarded two million users and aims to expand significantly in the future. The project plans to leverage Solana’s capabilities to automate reward distribution for its nodes, a move announced in June.
Key Highlights:
- Final Epoch of Beta Testing: Grass has verified its ability to reach 100% of the web, setting a strong foundation for future growth.
- User Growth: The project has already engaged two million users, with plans for further expansion.
- Automation with Solana: Grass will use Solana’s network to automate rewards distribution, enhancing efficiency.
Recent Developments in Solana:
- Price Surge: Solana’s price has seen a significant increase, recently reclaiming a market cap of $70 billion with a price of $160. Analysts predict that SOL could reach $174 soon, driven by bullish market trends and increasing trade activity (MarketBeat) (TradingView).
- Ecosystem Growth: The Solana ecosystem continues to expand with new projects and integrations. Recent highlights include the launch of the Oxygen DeFi prime brokerage protocol, the introduction of The Graph for decentralized API feeds, and the expansion of Star Atlas, a blockchain-driven metaverse gaming project (Web3 Infrastructure for Everyone).
- Technological Advancements: Solana Labs is developing Runtime v2, which promises to enhance network performance and developer experience. This includes support for the Move programming language and significant improvements in transaction processing (TradingView).
Solana’s robust growth and technological advancements position it as a formidable competitor in the blockchain space, often compared to Ethereum. Despite facing challenges like network outages, Solana remains a top choice for developers and investors (CoinMarketCap).
These developments underscore the dynamic nature of the Solana ecosystem and its potential to drive future innovations in blockchain technology.
