News with the tag "Solana congestion"

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

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 ...

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...

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 1.17.31, has been released to counter the problems caused by spam transactions, which have notably slowed processing ti...

Solana (SOL), a blockchain project renowned for its speed and scalability, recently faced a notable outage. It prompted significant scrutiny and discussion within the crypto community as some shifted to Ethereum, Solana’s eternal rival. In a recent statement, Austin Federa, Head of Strategy at the S...

Solana (SOL), a blockchain project renowned for its speed and scalability, recently faced a notable outage. It prompted significant scrutiny and discussion within the crypto community as some shifted to Ethereum, Solana’s eternal rival. In a recent statement, Austin Federa, Head of Strategy at the S...

Recent occurrences of network congestion have thrown the Solana blockchain into a state of disruption, sparking concern among its users and stakeholders alike. According to data provided by Phantom, Solana has grappled with congestion for the second time within a span of just 48 hours, potentially l...

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. Helius Labs is a...

Solana (SOL) has not seen the best performance, as a blockchain in the last few days, a sentiment that is beginning to raise concerns in the hearts of its users, investors, and analysts alike. Solana (SOL) Seeing Price Reversal After climbing as far as $200 a few days back, Solana has seen a signifi...