Congestion on Solana Forced Several Projects to Postpone Launches

Congestion on Solana Forced Several Projects to Postpone Launches

Reported by Cointelegraph, intermittent congestion on the Solana blockchain has forced several crypto projects to postpone their launches. Solana developers say they are working on a fix by April 15.

Users of the Solana blockchain reported increasing issues around network congestion and transaction errors over several weeks. New projects, especially those planning token launches, decided to hold off until the technical difficulties were resolved.

Some Solana projects that waited for a congestion resolution included a nonfungible token (NFT) project, Suit Up, altcoin project DuckCoin and Solana staking rewards platform Surge Finance.

On April 6, Anza, a Solana-focused software development shop, laid out its plan to address the network congestion on its Solana validator client implementation, Agave.

Initial investigations pointed to issues around QUIC implementation, a general-purpose transport layer network protocol, as the root cause. The developers said:

“Anza engineers, with other core contributors, have been working around the clock to diagnose and remedy bottlenecks and increase network performance. Expect more improvements and changes to roll out over the coming months.”

Source

Solana

In This Article

Related News
Chainalysis expands Solana coverage to include Pump.fun memecoins Chainalysis expands Solana coverage to include Pump.fun memecoins
Solana climbs above $200, bitcoin hits new high amid extended post-election rally Solana climbs above $200, bitcoin hits new high amid extended post-election rally
Solana unveils new Seeker device, says it’s not just a ‘memecoin phone’ Solana unveils new Seeker device, says it’s not just a ‘memecoin phone’
The SEC rejected Cboe’s 19b-4 filings for Solana ETFs: Source The SEC rejected Cboe’s 19b-4 filings for Solana ETFs: Source
Solana developers address critical vulnerability with coordinated patch Solana developers address critical vulnerability with coordinated patch
Latest News More More
42 Minutes Ago Mantra and Damac sign $1B deal to tokenize Middle Eastern assets
52 Minutes Ago Fetch.ai launches $10M accelerator for AI agent startups
21 Hours Ago Fidelity’s spot bitcoin, ether ETFs post largest daily net outflows since inception
21 Hours Ago Polkadot-based Phala Network launches Ethereum Layer 2 rollup
1 Day Ago Coinbase premium flips positive for first time in weeks, indicating rising bitcoin demand from US investors
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open