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Solana to launch Transaction V1 on Sept 9, cut rent fees, and target faster slots and Alpenglow upgrade by October.

Protocol Fundamentals
30 Aug 2026
Crypto news
View Source
Bullish
Solana to launch Transaction V1 on Sept 9, cut rent fees, and target faster slots and Alpenglow upgrade by October.

Solana announced key upgrades including Transaction V1 activation on September 9, which increases transaction size to 4,096 bytes, enabling more complex operations. Starting the week of August 31, the network begins a five-step rent reduction aiming to cut rent costs by 90%, lowering the SOL developers must lock for accounts. Slot times have been reduced to 350 milliseconds with plans to shorten further to 200 milliseconds in stages, improving transaction speed. The major Alpenglow consensus redesign targeting 150-millisecond finality remains on track for October but requires further testing and network support before activation.

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