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Solana Mainnet-Beta is experiencing a performance "degradatation," a validator said.

Solana Mainnet-Beta is experiencing a performance "degradatation," a validator said.

Solana Mainnet-Beta is experiencing a performance "degradatation," a validator said.

A meme coin trading frenzy and a rapid spike in users has stressed the network in recent months.

The platform has processed over $1.4 billion in trading volumes in the past 14 days, buoyed by an ongoing artificial intelligence-themed memecoin frenzy.

The decentralized exchange settled over $500 million in trades on Sunday, briefly becoming the biggest DEX platform.

Called Seeker, the upcoming handheld will be a major hardware improvement over Solana's first mobile phone, with better battery, a stronger camera and a lighter design than the Saga

Over 77% of Solana governance participants voted in favor of giving validators the full priority fee amount per transaction.

The project is spinning out of Solana Labs and its new leaders want to turn a profit.