To enhance the Solana blockchain's performance and address network strain, validators are advised to adopt a new stable version. Solana is preparing for another mainnet upgrade amid the surge in meme coin popularity and the increasing demand for Solana-based platforms. The team aims to relieve strain and congestion on the chain by urging validators to upgrade. Recently, Solana Status announced the v1.18.15 release for the mainnet upgrade, requesting the mainnet beta validators to transition to the latest version. The update brings significant enhancements, including the integration of Bump up to version 1.18.15, a stable release compatible with Mainnet Beta. The release incorporates metrics for threshold failures, resolves an issue hindering legitimate transactions from re-entering the queue, and includes certificate authority certificates in the docker image. Additionally, scheduler optimization, worker precompile verification, and the utilization of shallow threshold checks in consensus are part of the upgrade. Validators are reminded to monitor nodes closely, provide updates if the delinquent stake drops below 5%, and report encountered issues. Anticipation surrounds this upgrade as developers and validators await its deployment following previous network challenges. Despite SOL's price surge to $210 in March, subsequent fluctuations, attributed in part to the Federal Reserve's decision to delay rate reduction, have influenced the current trading value of SOL standing at $159.45. Notable crypto news today includes an analysis on high-risk loans on Aave and their impact on the DeFi sector.
Solana Blockchain Upgrade and Network Optimization

by Giorgi Kostiuk
a year ago
Other news
Figma Aims for $1.5 Billion IPO: A Move Towards Company Growth

Figma has filed for a $1.5 billion IPO, reflecting company growth and strong financial metrics.

US Dollar Plunge and Its Consequences for Crypto: Analyzing the Current Situation

A review of the implications of the US dollar's decline for the cryptocurrency market and global economy. What drives changes in economic policy?

Long Waits: New Xiaomi YU7 Orders Could Take Up to a Year

YU7 buyers express frustration over delivery delays extending up to 60 weeks, with Xiaomi criticized for lack of transparency.

Tether Executes Large USDT Transfer to Bitfinex: What It Means?

Tether moved 100 million USDT to Bitfinex, sparking liquidity speculation. Details inside.

Solana Price Analysis: Potential for Growth Amid Institutional Demand

Solana (SOL) price has declined after recent resistance, but growing institutional demand may foster recovery.

Signals for Future Bitcoin Price Movement: Network Volume Analysis

The stabilization of Bitcoin network volume at $58.7 billion may forecast significant changes in the cryptocurrency market.

Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter