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Challenges Faced by Solana Network Due to High Demand

Apr 5, 2024
  • On April 4, Solana network experienced a significant increase in failed transactions for "non-vote" activities, reaching 75%, indicating strain due to high demand.
  • Analysis suggests that bots contributed to 55% of the swap transactions, totaling $30.2 million.
  • Despite operational difficulties and a decline in SOL's price, Solana is looking ahead to network upgrades as potential solutions.

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