Rumors are circulating that Solana developers are preparing a protocol upgrade focused on transaction scheduling and network congestion relief. The potential fix comes as SOL trades at $75.10 and Solana leads all blockchains with $4.15 billion in 24-hour DEX volume.
Solana developers are reportedly preparing a protocol upgrade to address persistent network congestion, with SOL trading at $75.10 as of 14:00 UTC on Tuesday.
Reports from multiple crypto media outlets point to an upcoming Solana network upgrade focused on transaction scheduling and congestion relief, according to coverage from Bitcoinist and CryptoSlate on July 14.
The rumored upgrade targets a long-standing technical weakness for Solana, which has experienced periodic network slowdowns during periods of high demand despite its reputation for high throughput and low fees. The network processed $4.15 billion in decentralized exchange volume over the past 24 hours, leading all blockchains ahead of BNB Chain and Robinhood Chain, according to market data.
If confirmed, a successful congestion fix could strengthen developer and user confidence in Solana's reliability, potentially supporting further DeFi activity on the network. No official release date or technical specifications have been disclosed by the Solana Foundation.
The rumors emerge as Solana faces increasing competition from other Layer 1 and Layer 2 ecosystems. BNB Chain and Robinhood Chain have both attracted significant DEX volume, while Ethereum remains the largest blockchain ecosystem by total value locked.
Solana's infrastructure was designed to handle high transaction volumes at low cost, a feature that has made it popular among DeFi applications and meme coin trading. However, the network has faced repeated congestion events, including a notable outage in February 2025 that halted block production for several hours.
A successful upgrade would address one of the primary criticisms leveled against Solana by developers and traders. The network's ability to maintain reliability during peak usage periods has been a key concern for institutional participants evaluating the ecosystem.
Broader crypto markets traded lower on Tuesday, with Bitcoin down 3.3% to $62,212 and Ether falling 3.2% to $1,772.50, according to CoinGecko data.
This article is for informational purposes only and does not constitute investment advice.
