Solana is increasing its mainnet block compute limit from 60 million to 100 million Compute Units, a 66% rise effective at Epoch 1009. This upgrade allows more transactions and complex smart contract calls per block, enhancing network throughput. It follows a recent increase from 50 million to 60 million CUs just days earlier. However, the upgrade only affects block compute limits, not account-level caps, and may increase resource demands on validators, potentially impacting network speed and stability. Investors should monitor validator performance closely after activation to assess the upgrade's impact on Solana's infrastructure and decentralization.
Solana (SOL) is trading around $76.80, showing a 2.66% gain as it challenges the top of a descending channel near $76. The recent issuance of 250 million USDC on the Solana blockchain by Circle has increased stablecoin liquidity, supporting ecosystem...
Bitcoin fell 2.7% to about $63,200 following a sharp sell-off in Asian equity markets, notably Korea's Kospi which dropped over 10%. The tech sector was pressured by worries over AI infrastructure investments exceeding $750 billion, causing Nvidia sh...
Bitcoin fell about 2.7% to around $63,200 following the U.S. market close, dragged down by a sharp 10% drop in South Korea's Kospi index, which hit its lowest since April. The U.S. Senate postponed a vote on the CLARITY Act, delaying crypto regulator...
The Solana Policy Institute warns that billions in crypto investment are on hold pending the passage of the CLARITY Act, which would clarify legal protections for developers and validators in decentralized networks. Without this legislation, investor...
Circle minted $500 million in USDC on the Solana blockchain in July, continuing a trend of shifting stablecoin liquidity from Ethereum to Solana. This issuance, done in two $250 million tranches, reflects growing demand for USDC on Solana, which has ...
