• Version 1.17.31 is the first in a series of planned updates to address network congestion in recent months.

  • Congestion issues plagued the network in recent months amid a meme coin frenzy, causing a bump in user activity and significantly high demand for the network.

Solana developers said a new software update to tackle the congestion problem on the popular blockchain is “now recommended” for general use by mainnet validators, as per an X post.

“The v1.17.31 release is now recommended for general use by MainnetBeta validators,” they said. “This release contains enhancements which will help alleviate the ongoing congestion on the Solana Network.”

Version 1.17.31 is the first in a series of planned updates to address network congestion in recent months, Rex St John, head of developer relations at Anza, which rolled out Monday’s update, said in an X post.

Validators are entities that run nodes or software that confirms transactions and secures any blockchain network. These entities need to continually upgrade their node to newer releases to deal with any issues that may arise when a network is running.

Congestion issues plagued the network in recent months amid a meme coin frenzy, causing a bump in user activity and significantly high demand for the network. Transactional volumes reached as much as $4 billion in March from the usual figures of under $500 million per day in 2023.

The high use of bots caused a spike in “failed” transactions on the network, Solana developer @0xMert_ previously explained on X.

A fail, in this context, meant a smart contract flagged certain transactions as a “bad request,” even as they were successfully submitted to the Solana network.

Broadly speaking, the final version prioritizes transactions from “good” validators, or those with a sizeable stake, to a node leader, where transactions are ultimately confirmed. Such a priority would allow validators with a higher stake to receive higher quality of service – preventing lower-quality validators from maliciously flooding the network with transactions.

Version 1.18 is currently being run on a testnet or a network that mimics the main blockchain to test for bugs and other issues.


All writers’ opinions are their own and do not constitute financial advice in any way whatsoever. Nothing published by CoinDesk constitutes an investment recommendation, nor should any data or Content published by CoinDesk be relied upon for any investment activities. CoinDesk strongly recommends that you perform your own independent research and/or speak with a qualified investment professional before making any financial decisions.

Recommended content


Recommended Content

Editors’ Picks

Polygon joins forces with WSPN to expand stablecoin adoption

Polygon joins forces with WSPN to expand stablecoin adoption

WSPN, a stablecoin infrastructure company based in Singapore, has teamed up with Polygon Labs to make its stablecoin, WUSD, more useful in payment and decentralized finance.

More Cryptocurrencies News
Coinbase envisages listing of more meme coins amid regulatory optimism

Coinbase envisages listing of more meme coins amid regulatory optimism

Donald Trump's expected return to the White House creates excitement in the cryptocurrency sector, especially at Coinbase, the largest US-based crypto exchange. The platform is optimistic that the new administration will focus on regulatory clarity, which could lead to more token listings, including popular meme coins.

More Crypto News
Cardano's ADA leaps to 2.5-year high of 90 cents as whale holdings exceed $12B

Cardano's ADA leaps to 2.5-year high of 90 cents as whale holdings exceed $12B

As Bitcoin (BTC) gets closer to the $100,000 mark for the first time — it crossed $99,000 earlier Friday — capital is rotating into alternative cryptocurrencies, creating a buzz in the broader crypto market.

More Bitcoin News
Shiba Inu holders withdraw 1.67 trillion SHIB tokens from exchange

Shiba Inu holders withdraw 1.67 trillion SHIB tokens from exchange

Shiba Inu trades slightly higher, around $0.000024, on Thursday after declining more than 5% the previous week. SHIB’s on-chain metrics project a bullish outlook as holders accumulate recent dips, and dormant wallets are on the move, all pointing to a recovery in the cards.

More Shiba Inu News
Bitcoin: Rally expected to continue as BTC nears $100K

Bitcoin: Rally expected to continue as BTC nears $100K

Bitcoin (BTC) reached a new all-time high of $99,419, just inches away from the $100K milestone and has rallied over 9% so far this week. This bullish momentum was supported by the rising Bitcoin spot Exchange Traded Funds (ETF), which accounted for over $2.8 billion inflow until Thursday. BlackRock and Grayscale’s recent launch of the Bitcoin ETF options also fueled the rally this week. 

Read full analysis
Best Forex Brokers with Low Spreads

Best Forex Brokers with Low Spreads

VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.

Read More

BTC

ETH

XRP