Introduction
The Solana (SOL) blockchain has faced criticism over sustained network congestion that resulted in widespread transaction failures.Network Congestion and User ExperienceThe surge in popularity of meme coins on the platform has complicated the situation, leading to frustration among users.
Solana Upgrades
Despite these challenges, the Solana team has moved to implement necessary upgrades to address the issues.Testnet v1.18.11: A Fix by AnzaAnza, a Solana-focused devshop, announced the release of a fix for the devnet and recommended its implementation on the testnet as well.
Impact on SOL’s Price
The possible deployment of the upgrade on the mainnet could potentially bolster the price of SOL.SOL’s Price MomentumDespite the congestion issues, SOL has managed to sustain its momentum with attempts to reach a new record high.
Solana’s AI Price Prediction
According to the CoinCodex tool, SOL still has bullish sentiments and will likely reclaim key resistance levels in the coming days.SOL Price AnalysisBy press time, SOL was trading at $142, having declined by over 12% in the last 24 hours and nearly 20% on a weekly basis.
Posted Using InLeo Alpha