Solana falls below $100 after the CLARITY Act setback, but certain factors suggest this correction could be short-lived.
Solana is rolling out some of its most significant performance upgrades as network activity reaches record levels. The blockchain is increasing how much data applications can pack into individual transactions while also shortening the interval between successive slots, expanding both transaction capability and network responsiveness.
Solana is approaching another major network performance milestone, with its 250-millisecond slot upgrade expected to go live on mainnet on September 18 as the blockchain moves closer to its ultimate 200ms target. Solana-focused software developer Anza said the 250ms slot feature is currently pending activation on mainnet-beta.
Phoenix Trade's SOL collateral option enhances capital efficiency but introduces correlation risk, potentially amplifying market volatility impacts. Phoenix Trade introduces SOL as collateral for perpetual positions.
Solana's rise in spot asset volume signals a shift towards decentralized exchanges, challenging traditional centralized platforms' dominance. Solana surpasses Binance, Coinbase, and Kraken in spot asset volume.
Solana Transaction V1 raised the limit from 1,232 to 4,096 bytes, but adoption—not throughput, fees or speed—will determine its impact.
Kamino, a prominent lending platform on the Solana blockchain, has selected Michael Weisz to serve as chief executive officer. This strategic appointment signals the protocol's ambition to bridge decentralized finance with conventional financial institutions and asset management firms.
Solana activates Transaction V1 upgrade, raising max transaction size to 4,096 bytes and boosting capacity for developers by 3.3x.
Solana (SOL) experienced a 3.37% pullback to $96.97 as lawmakers in the U.S. Senate geared up for a pivotal vote on the CLARITY Act scheduled for September 15 at 2:15 p.m. ET. This legislative decision carries significant weight, potentially establishing whether Solana and comparable digital assets fall under the regulatory purview of the SEC and CFTC as digital commodities.
The newly detailed Teraswitch failure stayed below Solana's finality-halt threshold, while independent telemetry showed delayed finality and sharply lower throughput.
Solana's V1 upgrade expands transaction capacity 3.3x, giving its growing on-chain economy more room to scale.
A new v1 transaction format lifts the ceiling on a single Solana transaction from 1,232 bytes to 4,096, letting operations that once had to be split across several transactions, including zero-knowledge proofs and large multisigs, fit in one.