Blockchain storage layer Xandeum has announced its plans to improve Solana's storage system and launch the XAND token at the Breakpoint 2024 conference in Singapore. Xandeum aims to provide dapps with virtually unlimited storage through its scalable storage layer. The company will introduce "Xandeum buckets" and a decentralized network of storage-provider nodes to handle storage offloading. Xandeum's solution will maximize storage profitability and efficiency for validators, stakers, and liquid stakers. The company will reveal further details about its Solana scalability solution and its storage-capable liquid staking platform at Breakpoint 2024. Xandeum Labs has raised $2.8 million to develop Solana's scalable storage layer.



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