The post Solana’s Firedancer Goes Live on Mainnet After 3 Years, Sol jumps by 6% appeared first on Coinpedia Fintech News

Solana blockchain, known for its fast transaction speeds and low fees, has reached a major milestone as Firedancer, a new validator client built by Jump Crypto, has gone live on the Solana mainnet. 

This update followed the strong ongoing demand for Solana as its price jumped 6% today, trading around $139, backed by $11

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Solana Price Outlook

Following the Firedancer announcement, Solana’s price jumped about 6%, and market data shows a clear shift toward SOL. 

The latest ETF flows reveal that Solana brought in $11.02 million in inflows, while Bitcoin and Ethereum faced heavy outflows of $77.34 million and $42.37 million, showing that investors are rotating into SOL.

However, the 4-hour chart also supports this shift. SOL is still moving inside a wide accumulation box, trading just below a long downtrend line that has held for weeks. This structure suggests that buyers are quietly building positions. 

Crypto analysts Captain Faibik note that if SOL breaks above this trendline, the chart projects a potential 50% upside move towards $216. 

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FAQs

What is Firedancer on the Solana blockchain?

Firedancer is a new validator client on Solana, designed to improve speed, reliability, and support high-demand decentralized apps.

How does Firedancer affect Solana’s network performance?

Firedancer boosts Solana’s stability by handling heavy workloads and reducing network outages with faster, more reliable block production.

What makes Firedancer different from Solana’s default validator client?

Built independently by Jump Crypto, Firedancer uses C/C++ to enhance speed, handle heavy traffic, and provide an alternative to the Agave client.

Will Firedancer adoption increase Solana’s long-term reliability?

Yes, multi-client setups like Firedancer reduce single points of failure, making Solana more secure and resilient over time.