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
2 years ago

Other news
Sabadell Joins European Banking Consortium for Stablecoin Initiative

Spanish bank Sabadell has joined the Qivalis consortium aimed at launching a Europe-pegged stablecoin.

Ripple CEO Highlights Critical Hearing for CLARITY Act's Future

Ripple CEO Brad Garlinghouse emphasizes the importance of the upcoming Senate Banking Committee hearing for the CLARITY Act's progress.

Bitcoin Holds Steady Above 80,000 as Market Recovery is Tested

Bitcoin's price remains above 80,000, indicating a recovery from March lows, with differing behaviors observed among large holders.

Gerstein Harrow LLP Files Restraining Notice Over Ethereum Linked to Kelp DAO Hack

Gerstein Harrow LLP has filed a restraining notice in a New York district court, claiming legal rights to approximately 30,766 Ethereum frozen after the Kelp DAO hack.

Aave Takes Legal Action to Release Frozen Ethereum in Kelp DAO Hack Case

Aave has filed an emergency motion in a New York district court to vacate a restraining notice blocking the Arbitrum DAO from accessing approximately 30,766 Ethereum frozen after the Kelp DAO hack.

World Liberty Financial Sues Justin Sun for Defamation

World Liberty Financial has filed a defamation lawsuit against Justin Sun, accusing him of orchestrating a smear campaign to damage the company's reputation and manipulate token prices.

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