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Solana to get the basic design of overhaul

cryptobizinvest.com May 21, 2025

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Welcome to the protocol, CoinDesk’s weekly wraps of the most important story of cryptocurrency tech development. I’m Margaux Nijkerk, the Ethereum Protocol reporter on the CoinDesk tech team.

In this issue:

Solana to get the basic design of overhaul
Proposal for Ethereum’s new nodes to make them easier to run
The $ 135 million token for sale of World Network
Solana Seeker Mobile to come in early August

Network news

Solana to get the basic design of overhaul: Solana developers are planning what can be the most ambitious blockchain upgrade to the present-the one that replaces the current technology stacked with a redesigned consensus protocol developed for the near instant end and response. The new system, called allenglow, was released on Monday By the infrastructure firm Anza, a Solana Labs spinout. It recommends changing the proof of history-Solana’s famous “pre-record clock”-and Tower BFT, the existing voting mechanism to reach the agreement. – Shaurya Malwa Read more.

Proposal for Ethereum’s new nodes to make them easier to run: Ethereum co-founder Vitalik Blerin has suggested a new design to reduce the hardware burden for running a network node, framing it as a step toward a fully decentralized network that does not require sophisticated infrastructure to help maintain. In a blog post, Blerin introduced the concept of the “partial stateless node,” which allowed users to store only one Ethereum data subset, rather than the entire blockchain ride in more than 1.3 terabytes (TB). Shaurya Malwa Read more.

World $ 135m token sale at A16Z, Bain Capital Crypto: The Sam Altman’s World Network’s World Network project raised $ 135 million in a private token for sale of its WLD token. The sale is to venture the giant A16Z and Bain Capital Crypto and use to fund the network expansion. The fund came as a group behind the blockchain Project In-App functions as well as token of WLD have been revealed Be available until earlier this month among US users. – Margaux Nijkerkk Read more.

Solana Labs mobile team plans to be sent the searching phone starting August 4In addition to sharing new information about some of its infrastructure framework as well as a new SKR token for mobile users. The news came up as Solana’s new mobile repetition was in works for months, with over 150,000 units to this day, according to In a press release. Introduced looking after the first phone model, Saga, was Originally struggling with salecreating some uncertainty for the future. But Saga did eventually sells After crypto users realize they can collect some token airdrops.

In other news

Labs of movement, the start of the crypto scandal Supported by World Liberty Financial by Donald Trump, The huge stakes of its token silently promised the first insider – the deals now raising fresh questions about who really have the power behind the scenes. Before the token was launched, the movement lab had created a large portion of the transfer supply to a small early counselor -arrangements that were never disclosed to investors and that were only by internal documents reviewed by Coindesk. – Sam Kessler Read more.
Bitcoin (BTC) has clinched a fresh record price of $ 109,400, which exceeds the peak in January around Donald Trump’s inauguration. According to CoinDesk bitcoin indexThe largest and oldest cryptocurrency hit $ 109,486 on Wednesday during the first US session. The BTC is now climbing more than 46% from April trough induced by mounted fears of global trade war and US tariffs. – Kimzian Sandor Read more.

Regulation and policy

The US Senate voted to continue the Stablecoin law Monday night, eliminating a barrier to the procedure to eventually pass the bill outside the body. Senators easily removed the 60-Vote threshold for the vote, which only intended to transfer the law to a period of further debate before a final vote series to pass it to the Senate.– Jesse Hamilton Read more.