News with the tag "Congestion"

Are your Bitcoin transactions feeling slower than ever? You’re not alone. Recent reports indicate a significant slowdown in the Bitcoin network, with average Bitcoin confirmation times reaching an unprecedented 19 minutes. This alarming development, reported by Cointelegraph on X, has sparked concer...

Despite their mainstream appeal, the distribution of the two Trump memecoins is flashing major red flags for investors looking for a long-term opportunity.

Solayer has raised $12 million in a funding round led by Polychain Capital to advance its integrated restaking network on the Solana blockchain. The initiative aims to address Solana’s scalability and transaction inclusion challenges by leveraging a novel approach to staking and network bandwidth op...

Bitcoin transaction fees have stayed below $7 since Jun. 9, 2024, and have fallen under $3 in the last five days. Even with this decrease in fees, over 200,000 unconfirmed transactions have persisted in the backlog, as the queue has not come close to clearing since October 2023. Bitcoin’s Fee Market...

Following a spell of TradFi breakthroughs, all-time highs, and intense optimism in the crypto industry, selling pressure across most major cryptocurrencies are slowly beginning to ease, with trading volumes submitting to more tenable growth levels. Amidst this growth, one category-defying group of t...

Speculations went around that the Chicago Mercantile Exchange (CME) could be planning to offer Solana (SOL) futures. Rumors also emerged that other large financial firms, such as BlackRock, might also be preparing similar moves for Solana-based ETFs. However, a person familiar with the situation has...

Solana has passed a proposal known as SIMD-0096, allowing 100% of priority fees to be allocated to network validators. This decision marks a departure from the previous model, where fees were split 50/50 between being burned and rewarding validators. Solana Approves 100% Priority Fee Allocation The ...

Anza, a dev collective behind Solana, recommended the adoption of Agave v1.18.12 into the blockchain’s devnet and testnet. This new version of the mentioned client ships with a central scheduler that aims to reduce congestion by increasing fee collection and reducing conflicting transactions. Anza i...

The Solana price has surged over 2% today, signaling renewed confidence of the market participants towards the major cryptocurrency. Meanwhile, the recent surge coincides with a significant development in the Solana community, as the long-standing congestion issues on the Solana network are official...

Solana's development team has rolled out an update to help ease the network's recent congestion issues. The post Solana rolls out update to ease network congestion appeared first on Crypto Briefing .