Crypto

Helius CEO Claims Solana Has Resolved Its Major Data Challenge

Revolutionizing Data Access: Helius Unveils Enhanced Solana Data Storage and Retrieval

Discover the groundbreaking advancements in Solana’s data handling as Helius introduces a revolutionary archival backend and an innovative RPC method, promising to streamline workflows and enhance efficiency.

Transformative Changes in Solana’s Data Handling

Helius has redefined how Solana’s historical data is managed, significantly improving the efficiency of data storage and retrieval. By implementing a cutting-edge archival backend and a novel RPC method, Helius has consolidated complex multi-call workflows into a singular, seamless request. This transformation has been lauded by CEO Mert Mumtaz, who emphasized the significance of these changes by declaring, “Today, Solana changes forever… we’ve solved the biggest data/RPC problem that exists.” He criticized the existing system, which relied on Google Bigtable for historical queries, as being “slow,” “expensive,” and “inflexible.”

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Implications for Solana Developers and Users

For Solana developers, especially those working on indexing or wallet development, the new system addresses a critical challenge: efficiently retrieving transaction data without resorting to cumbersome looping processes. Previously, fetching “the first transaction for a Solana address” or “the most recent 100 transactions for an address” required numerous RPC calls. With Helius’ innovation, this is no longer the case.

Introducing the getTransactionsForAddress Method

The centerpiece of this update is the exclusive RPC method, getTransactionsForAddress. Supported by a distributed archival storage layer, this method is touted to be “1,000x faster, more flexible, and more scalable” than its predecessors. It consolidates the conventional two-step process—getSignaturesForAddress and getTransaction—into a single call. This unified approach returns fully decoded transactions, offering bidirectional time ordering and range filters based on slot or timestamp.

Helius’ documentation elaborates on the capabilities of this method, highlighting its ability to perform reverse searches without back-traversal and support pagination tailored for large, active accounts. Notably, this is a proprietary extension exclusive to Helius nodes, available at a cost of 100 credits per request for Developer plans and higher.

Performance Enhancements and Developer Impact

The performance improvements extend beyond the new method, impacting legacy endpoints such as getBlock, getTransaction, and getSignaturesForAddress, which are now reportedly “10x faster.” The advanced archival system delivers remarkable throughput enhancements for historical queries, addressing common developer frustrations with latency and excessive call counts associated with Bigtable-bound processes.

Strategic Significance and Market Developments

This launch arrives at a pivotal time for Solana, coinciding with significant market developments. The debut of the first U.S. spot Solana ETF on the NYSE—Bitwise’s BSOL—marks a new chapter for Solana in the financial markets. Bloomberg’s senior ETF analyst, Eric Balchunas, noted the impressive performance of BSOL, which recorded a volume of $56 million on its first day, outperforming several other launches this year.

Adding to the momentum, Western Union has announced its intention to introduce a dollar-backed stablecoin, USDPT, on the Solana blockchain. Issued by Anchorage Digital Bank, this stablecoin is expected to be available by the first half of 2026.

At the time of writing, Solana (SOL) is trading at $195, reflecting the dynamic shifts in the market landscape.

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Emma Horvath

After graduating Communication and Media Studies MA in Eötvös Loránd University, Emma started to realize that her childhood dream as a creative news reporter committed to find dynamic journalism stories. I'm a passionate journalist with a keen interest in the fast-evolving world of cryptocurrencies. I've been reporting on the latest developments in the crypto industry for several years now, covering breaking news and providing insights on how the market is trending. I'm adept at analyzing daily market movements, researching ICOs, and keeping track of the latest innovations in blockchain technology. My expertise in the space makes her a trusted voice in the crypto community. Whether it's the latest Bitcoin price movements or the launch of a new DeFi platform, I am always at the forefront, bringing her readers the most up-to-date and informative news.

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