No Result
View All Result
  • Login
Tuesday, May 5, 2026
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Cryptocurrency

Solana Just Solved Its Biggest Data Problem, Says Helius CEO

by FeeOnlyNews.com
6 months ago
in Cryptocurrency
Reading Time: 3 mins read
A A
0
Solana Just Solved Its Biggest Data Problem, Says Helius CEO
Share on FacebookShare on TwitterShare on LInkedIn


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Helius says it has re-engineered how Solana’s historical data is stored and retrieved, introducing a new archival backend and an RPC method that collapses today’s multi-call workflows into a single request.

CEO Mert Mumtaz framed the change in sweeping terms: “today, Solana changes forever… we’ve solved the biggest data/RPC problem that exists,” he wrote, arguing that the status quo—historical queries hitting Google Bigtable—has been “slow,” “expensive,” and “inflexible.”

What This Means For Solana

Mumtaz highlighted the practical pain point every Solana indexer or wallet developer knows: getting the “first tx for a Solana address without looping back endlessly” and pulling the “most recent 100 txs for an address” both require chaining calls and traversals that can balloon into “thousands of RPC calls.” “Not anymore,” Mumtaz said.

At the heart of the release is a Helius-exclusive RPC method, getTransactionsForAddress, backed by a distributed archival storage layer that the company claims is “1,000x faster, more flexible, and more scalable.” Functionally, the method merges today’s common two-step pattern—getSignaturesForAddress to enumerate signatures, then getTransaction to hydrate details—into one call that can return fully decoded transactions, with bidirectional time ordering and range filters by slot or timestamp.

Helius’ documentation spells out that it enables reverse search without back-traversal and supports pagination tuned for large, active accounts. The company also emphasizes that this is not a core Solana RPC addition; it’s a proprietary extension available on Helius nodes, priced at 100 credits per request on Developer plans and above.Performance claims span both the new method and legacy endpoints, with Helius saying getBlock, getTransaction, and getSignaturesForAddress are now “10x faster,” while the archival system under the hood delivers the headline throughput improvements for historical queries.

The framing is squarely aimed at eliminating Bigtable-bound latency spikes and reducing call counts by “100x” alongside “10x lower latency” and “1000x less code.” Those assertions track with common developer complaints documented across Solana forums about slow historical hydration on busy addresses, but the hard numbers here are Helius’ own benchmarks.

The strategic context matters. Solana’s on-chain activity continues to skew toward high-throughput consumer and payments use cases, which punish inefficient data access patterns.

The launch landed the same day the first US spot Solana ETF went live on the NYSE—Bitwise’s BSOL. According to Bloomberg’s senior ETF analyst Eric Balchunas, BSOL recorded a volume of $56 million on day one. “BSOL’s $56m is the MOST of any launch this year.. More than XRPR, SSK, Ives and $MNU. And what’s amazing is it seeded with $220m. It could have invested seed on Day One, which would have resulted in $280m-ish, would be even more than ETHA’s debut. Strong start either way,” Balchunas wrote.

Another macro backdrop piece: Western Union announced plans to introduce a dollar-backed stablecoin, USDPT, on Solana, issued by Anchorage Digital Bank, with availability targeted for the first half of 2026.

At press time, SOL traded at $195.

Solana price
Solana price remains below the 0.786 Fib, 1-week chart | Source: SOLUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



Source link

Tags: biggestCEOdataHeliusproblemSolanaSolved
ShareTweetShare
Previous Post

Lifelines FlowArt Activity Pads only $11.99 (New Fall Designs Included!)

Next Post

Israel’s tech sector shrinks amid AI uncertainties

Related Posts

Coinbase cuts 14% of staff as Armstrong ties cost reset to AI and market volatility

Coinbase cuts 14% of staff as Armstrong ties cost reset to AI and market volatility

by FeeOnlyNews.com
May 5, 2026
0

Make CryptoSlate preferred on Coinbase will cut about 700 employees, or 14% of its workforce, under a May 5 restructuring...

Coinbase Cuts 14% of Staff as AI and Crypto Downturn Reshape Its Operating Model

Coinbase Cuts 14% of Staff as AI and Crypto Downturn Reshape Its Operating Model

by FeeOnlyNews.com
May 5, 2026
0

Not All Video Reviews Are Created Equal | Finance Magnates Not All Video Reviews Are Created Equal | Finance Magnates...

Ex-Ripple Exec Breaks Down The XRP To ,000 Predictions, Is It Possible?

Ex-Ripple Exec Breaks Down The XRP To $10,000 Predictions, Is It Possible?

by FeeOnlyNews.com
May 5, 2026
0

XRP has never lacked lofty price targets, but the latest comments around a possible move to $10,000 have led to...

Russia’s Moscow Exchange to Launch SOL, XRP, Tron and BNB Crypto Indexes on May 13 – Bitcoin News

Russia’s Moscow Exchange to Launch SOL, XRP, Tron and BNB Crypto Indexes on May 13 – Bitcoin News

by FeeOnlyNews.com
May 5, 2026
0

Key Takeaways: Russia’s Moscow Exchange will launch crypto indexes for SOL, XRP, TRX and BNB within the next week. Moex...

Bankers Say CLARITY Act Stablecoin Provisions Still Flawed

Bankers Say CLARITY Act Stablecoin Provisions Still Flawed

by FeeOnlyNews.com
May 5, 2026
0

America’s largest banking groups said they remain dissatisfied with the CLARITY Act’s newly proposed language on stablecoin yield, arguing that...

US military escorts Maersk ship through Hormuz, easing passage tensions

US military escorts Maersk ship through Hormuz, easing passage tensions

by FeeOnlyNews.com
May 4, 2026
0

## Market Snapshot Strait of Hormuz Traffic Normalization market currently suggests a focus on securing safe passage, priced supportive of...

Next Post
Israel’s tech sector shrinks amid AI uncertainties

Israel’s tech sector shrinks amid AI uncertainties

Super League Enterprise announces additional close in private placement

Super League Enterprise announces additional close in private placement

  • Trending
  • Comments
  • Latest
The 27 Largest US Funding Rounds of March 2024 – AlleyWatch

The 27 Largest US Funding Rounds of March 2024 – AlleyWatch

April 17, 2026
Wells Fargo Transfer Partners: What to Know

Wells Fargo Transfer Partners: What to Know

April 16, 2026
Week 14: A Peek Into This Past Week + What I’m Reading, Listening to, and Watching!

Week 14: A Peek Into This Past Week + What I’m Reading, Listening to, and Watching!

April 6, 2026
The 16 Largest Global Startup Funding Rounds of March 2026 – AlleyWatch

The 16 Largest Global Startup Funding Rounds of March 2026 – AlleyWatch

April 21, 2026
The Justice Department Indicts the Ministry of Love

The Justice Department Indicts the Ministry of Love

May 2, 2026
LPL’s Mariner Advisor Network deal fuels already hot year for RIA M&A

LPL’s Mariner Advisor Network deal fuels already hot year for RIA M&A

April 16, 2026
ideaForge Technology bulk deal: BNP Paribas buys Rs 39 crore worth shares in this multibagger

ideaForge Technology bulk deal: BNP Paribas buys Rs 39 crore worth shares in this multibagger

0
Coinbase cuts 14% of staff as Armstrong ties cost reset to AI and market volatility

Coinbase cuts 14% of staff as Armstrong ties cost reset to AI and market volatility

0
Florida Senior Resource: SHINE Counselors Help Compare Medicare Plans—Saving Some Enrollees Hundreds Each Year

Florida Senior Resource: SHINE Counselors Help Compare Medicare Plans—Saving Some Enrollees Hundreds Each Year

0
Americans are giving less. July 4th can be a day to change that

Americans are giving less. July 4th can be a day to change that

0
Wake Up Early to Win Big In This Hot Market

Wake Up Early to Win Big In This Hot Market

0
10 High Yield Monthly Dividend BDCs

10 High Yield Monthly Dividend BDCs

0
Florida Senior Resource: SHINE Counselors Help Compare Medicare Plans—Saving Some Enrollees Hundreds Each Year

Florida Senior Resource: SHINE Counselors Help Compare Medicare Plans—Saving Some Enrollees Hundreds Each Year

May 5, 2026
Coinbase cuts 14% of staff as Armstrong ties cost reset to AI and market volatility

Coinbase cuts 14% of staff as Armstrong ties cost reset to AI and market volatility

May 5, 2026
Americans are giving less. July 4th can be a day to change that

Americans are giving less. July 4th can be a day to change that

May 5, 2026
ideaForge Technology bulk deal: BNP Paribas buys Rs 39 crore worth shares in this multibagger

ideaForge Technology bulk deal: BNP Paribas buys Rs 39 crore worth shares in this multibagger

May 5, 2026
9 Stocks That Could Defy the ’Sell in May and Go Away’ Trend This Time

9 Stocks That Could Defy the ’Sell in May and Go Away’ Trend This Time

May 5, 2026
Crypto Whale Sues Coinbase Alleging Exchange Refuses to Return Stolen Funds

Crypto Whale Sues Coinbase Alleging Exchange Refuses to Return Stolen Funds

May 5, 2026
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Florida Senior Resource: SHINE Counselors Help Compare Medicare Plans—Saving Some Enrollees Hundreds Each Year
  • Coinbase cuts 14% of staff as Armstrong ties cost reset to AI and market volatility
  • Americans are giving less. July 4th can be a day to change that
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.