Disclaimer: This platform includes third party opinions. We do not endorse their accuracy. Digital asset prices can be volatile. Do your own insights. See full terms

NewsCongestion on Solana Forced Several Projects to Postpone Launches

Congestion on Solana Forced Several Projects to Postpone Launches

Apr 10,2024,02:14

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.”

Join Our Community

Get the BloFin App