Solana's Alpenglow upgrade has been approved by 98% of validators, significantly reducing block finalization time from 12.8 seconds to just 100-150 milliseconds. This enhancement is designed to support real-time applications, including high-frequency trading, by improving transaction speed.
In parallel, Jump Crypto's SIMD-0370 proposal aims to remove Solana's 60 million CU block limit, potentially increasing network throughput. However, this proposal has sparked concerns about centralization. Currently, Solana's native token, SOL, is trading at $208.79, marking a 3.81% daily gain. These developments could lead to increased volatility as SOL approaches the $260 resistance level.
Solana's Alpenglow Upgrade Approved, Aims to Boost Speed and Throughput
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.