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
PEPE's Volume Activity Reflects Stability in Trading

PEPE's trading volume showed brief spikes without sustained expansion, indicating stability in the cryptocurrency market.

PEPE Faces Resistance as Price Action Remains Controlled

PEPE's price action was limited by a resistance level at 0055086, resulting in a narrow trading range.

IG Group to Launch Crypto Trading Services Following Acquisition

IG Group plans to launch crypto trading services in Singapore, Australia, and the UAE following its acquisition of Independent Reserve, targeting retail investors and aiming for a 2026 launch.

Ethereum Market Analysis Following US Senate Funding Decision

Ethereum's market analysis shows a price of $2,703.54 with a decline in trading volume, amid US Senate funding developments.

IG Group Finalizes Acquisition of Independent Reserve

IG Group has finalized the acquisition of Australian crypto exchange Independent Reserve after receiving regulatory approval in Singapore.

Ethereum Foundation Enhances User-Centered Infrastructure

The Ethereum Foundation focuses on user needs, enhancing interaction with the blockchain while promoting autonomy, security, and privacy.

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