•Solana announced that the Saga phone would comprise a dApp store, free of 30% fees for developers and censorship-resistant.
•Metaplex has announced mechanisms to help NFT collections enforce royalties.
•The new updates from Solana and its projects show that it is still actively working, despite the recent upswing in fortune, which could affect the network or SOL in any way.
Solana, the high-performance blockchain network, has been actively working on different projects and initiatives, despite the recent upswing in fortune following the FTX incident, which caused its price to drop dramatically. On 24 January, Solana made an announcement about the upcoming Saga phone, which is set to be released by Sol Mobile soon.
The announcement detailed the final accessories that would accompany the Saga phone upon release, including a dApp store. This dApp store is the first of its kind, with no 30% fees for developers and crypto-friendly policies. It is also censorship-resistant, with app executables on decentralized storage, and composable, with app metadata accessible on-chain. With the dApp store, Solana could extend an open welcome to its developer and creator community and increase the network’s traffic.
Additionally, another Solana network project, Metaplex, recently announced mechanisms to help NFT collections enforce royalties. This announcement was creator-facing and showed that the network is still actively working on initiatives to improve the platform and benefit its users.
The updates from Solana and its projects demonstrate that the network is still actively working, despite the recent upswing in fortune. These changes could affect the network or SOL in any way, which is why the community is paying close attention to the developments and their effect on the network and the token’s price prediction for 2023-2024.