⭐ The Solana blockchain, based on Proof of History (PoH) and staking, has implemented some updates to alleviate network congestion issues.

According to MainnetBeta validators, the v1.17.31 relaunch is now recommended for general use.

This patch contains improvements that will help alleviate some of the ongoing network congestion and will be followed by additional improvements in v1.18.

The Solana blockchain is known for its speed and low transaction costs, thanks to the use of PoH and staking.

However, the network has experienced periods of congestion, particularly due to the increase in transactions related to memecoins and other tokens.

These congestion issues have led to an increase in the failure of non-voting transactions, with the rate reaching 70% in recent weeks.

The causes of the congestion are multiple, such as the increase in bot trading transactions, some memecoins which have generated a wave of low-value transactions, clogging the network.