Solana Network Boosts Block Size by 20%, Enhancing Transaction Speed and Throughput

Main Idea
The Solana blockchain increased its block size by 20% to enhance transaction speed and network throughput, following the SIMD-0256 proposal.
Key Points
1. Solana implemented a critical upgrade on July 24, increasing block size by 20%.
2. The block capacity rose from 50 million to 60 million computational units (CUs).
3. The upgrade aims to process a higher volume of transactions per block.
4. The adjustment is expected to boost network throughput and optimize performance.
Description
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$SOL
$180.60
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