Solana's Latest Update: A Step Towards Smoother Operations Solana developers have
rolled out a mainnet beta update, version 1.17.31, to tackle the recent
network congestion issues
that have been plaguing the platform. This update specifically targets the problem of spam transactions, which have been clogging up the network and causing transaction failures. It's also expected to address
recent open interest spikes. Validators are urged to upgrade their nodes when the delinquent stake falls below 5%, ensuring stability during the process. Any hiccups should be reported on Discord's mb-validators channel.
The congestion woes on Solana have been frustrating for developers,
with a staggering 75% of non-voting transactions failing. But Solana insists it's not a fundamental flaw, just a pesky
bug.
With SOL trading between $160 and $200 lately, bulls will be eyeing that crucial $200 resistance level for a potential upward trend in price.
This latest update
is just the beginning! Solana has more improvements lined up as part of its multi-phased plan to make the network even better. Stay tuned for what's next!
