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**Solana Validators to Receive Full Priority Fees Following Successful Vote**
A recent governance vote has passed with 77% approval, granting Solana validators 100% of priority fees from transactions. This change aims to enhance network security and efficiency. Previously, priority fees were split between burning and validator rewards, leading to "side deals" with transaction submitters.
Under the new model, validators will receive all the priority fees, ensuring they remain focused on maintaining network safety and performance. This update is part of Solana Improvement Document number 96 (SIMD-0096) and has been implemented as "Reward full priority fee to validators #34731."
Following the vote, SOL has seen a 1.6% increase in the past 24 hours, trading at $166, according to CoinGecko.
#Solana #Crypto #Blockchain #Governance #SOL #Validators #FXStreet
A recent governance vote has passed with 77% approval, granting Solana validators 100% of priority fees from transactions. This change aims to enhance network security and efficiency. Previously, priority fees were split between burning and validator rewards, leading to "side deals" with transaction submitters.
Under the new model, validators will receive all the priority fees, ensuring they remain focused on maintaining network safety and performance. This update is part of Solana Improvement Document number 96 (SIMD-0096) and has been implemented as "Reward full priority fee to validators #34731."
Following the vote, SOL has seen a 1.6% increase in the past 24 hours, trading at $166, according to CoinGecko.
#Solana #Crypto #Blockchain #Governance #SOL #Validators #FXStreet
FXS/USDT ANALYSIS
The FXSUSDT analysis is looking promising, with several indicators pointing to a buy signal.
Currently, the price of FXS / TetherUS is $2.213 USDT, with a 1.32% increase in the past 24 hours.
Key Performance Indicators:
- 1-day performance: 3.05% increase
- 1-week performance: 4.17% increase
- 1-month performance: 11.30% increase
Technical Analysis:
The Moving Averages rating is neutral to strong buy, while the Oscillators rating is neutral. Some analysts predict a potential target of $6.44, with a stop-loss at $1.501 Ā³. Others suggest buying zones between $1.600 and $2.050, targeting $2.870, $3.440, and $5.190.
Trade Ideas:
- Long position: Entry points between $1.600 and $2.050, targeting $2.870 and $3.440
- Short position: Entry at $3.64, targeting $3.40 and $3.20
Keep in mind that market conditions can change rapidly, and it's essential to consider other factors and conduct thorough analysis before making investment decisions. Always use stop-loss and take proper knowledge before investments.
$FXS
#FXStreet
The FXSUSDT analysis is looking promising, with several indicators pointing to a buy signal.
Currently, the price of FXS / TetherUS is $2.213 USDT, with a 1.32% increase in the past 24 hours.
Key Performance Indicators:
- 1-day performance: 3.05% increase
- 1-week performance: 4.17% increase
- 1-month performance: 11.30% increase
Technical Analysis:
The Moving Averages rating is neutral to strong buy, while the Oscillators rating is neutral. Some analysts predict a potential target of $6.44, with a stop-loss at $1.501 Ā³. Others suggest buying zones between $1.600 and $2.050, targeting $2.870, $3.440, and $5.190.
Trade Ideas:
- Long position: Entry points between $1.600 and $2.050, targeting $2.870 and $3.440
- Short position: Entry at $3.64, targeting $3.40 and $3.20
Keep in mind that market conditions can change rapidly, and it's essential to consider other factors and conduct thorough analysis before making investment decisions. Always use stop-loss and take proper knowledge before investments.
$FXS
#FXStreet
