Solana [SOL] With its increasing prices, has enjoyed a good start to the new year. The network’s congestion problems were scrutinized, even though it was praised for its upward trend. Now, Solana has taken active measures to combat congestion by releasing a major upgrade to its client validator software. Anza, a Solana Labs employee revealed the version 1.17.31 of the software that will address the issue with spam transactions slowing down the Solana Network.
The update includes a number of new features, including the stakeThe quality of the service is weighed. [SWQOS]. It’s a system designed to improve the processing of transactions by staked validators. Tim Garcia of the Solana Foundation’s validator relations team elaborated that SWQOS was a network concept which prioritises certain packets for improved reliability and performance. At present, 80 percent of all connections are set aside for QoS. The remaining 20 percent is available to everyone.
Anza reacted to this by bringing X into the picture. [formerly Twitter] MainnetBeta Validators were urged to update their software. It even claimed that its enhancements will further reduce congestion on the network. Trent.sol stressed the need for wide adoption of SWQOS, noting the fact that SWQOS’s impact would grow with increased adoption. Rex St. John emphasized the importance of updating, and clarified that future releases will include further improvements.
Also Read: Solana Slowdown Can’t Stop Investor From Turning $530K to $6M
Solana’s Price Action
As of the time of publication, Solana had seen a significant increase. Over the past 24 hours, Solana’s asset had risen by almost 10%. SOL price hit another high at $155.32. According to the analysts, the SOL is expected to trade in the same range for the remainder of the week. Coincodex. Investors continue to hope for an altcoin upswing, despite the recent update and volatile nature of crypto.
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Source: watcher.guru