Solana's Latest Update Targets Congestion Woes: Uptick Incoming?

Solana experienced severe congestion, causing delays or failures in approximately 75% of transactions, impacting meme coin markets. But hope is on the horizon! Solana's latest Mainnet v update addresses critical congestion issues. Solana has introduced a long-awaited update aimed at alleviating network congestion. Will this solve all the Solana network issues? Let's take a look at this in more detail.

A new Solana patch update has been released, aiming to help alleviate congestion issues on the Solana network. Mainnet update v went live earlier to specifically combat network congestion.

What's in Solana's New Update?

The update targets issues. Solana's latest update, v, aims to tackle network congestion by prioritizing transactions from staked validators. Among the changelog are points like improvements to transaction processing and prioritization.

Anza – a Solana developer – has also been instrumental in this release. “The v release is now recommended for validators, signalling a significant step towards network stability.

Will It Work?

However, it is not clear if it will be a long-term fix. The effectiveness of this update will depend on network usage and future transaction volume. Keep an eye on the network's performance in the coming days to see if the 'uptick incoming' prediction holds true.