Solana Congestion

Solana Rolls Out First Mainnet Update To Tackle Congestion

April 15, 20242 weeks ago CoinCap 0 Comments Bitcoin, Cardano, Chainlink, Crypto, Cryptocurrency, DeFi, Lend, SOL, SOL Price, Solana, Solana Congestion, Solana News, Tezos, Tron, VEChain

In a move to address its congestion issues, Solana has launched a new update to its validator client software, as announced by Anza, a spinoff from Solana Labs. The update, version 1.17.

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Solana Devs Set Sights On April 15 To Fix Network Congestion

April 9, 20243 weeks ago CoinCap 0 Comments Bitcoin, Cardano, Chainlink, Crypto, Cryptocurrency, DeFi, Helius Labs, Lend, SOL, SOL Price, Solana, Solana Congestion, Solana News, Solana Price, Tezos, Tron, VEChain

Solana developers are gearing up for a crucial update scheduled for April 15 aimed at resolving the pressing issue of network congestion. This move comes in the wake of transaction failures skyrocketing due to an “implementation bug” as elucidated by Mert Mumtaz, CEO of Helius Labs.

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Solana Faces ‘Existential Moment’: Co-Founder Speaks Out

April 5, 20244 weeks ago CoinCap 0 Comments Anatoly Yakovenko, Bitcoin, Cardano, Chainlink, Crypto, Cryptocurrency, DeFi, Lend, SOL, SOL Price, Solana, Solana Congestion, Solana memecoins, Solana News, Solana Price, Tezos, Tron, VEChain

The Solana network has been experiencing unprecedented levels of congestion, leading to a record failure rate of transactions. According to data from Dune Analytics, on April 4, more than three-quarters of all “non-vote” transactions on Solana failed.