Solana price prediction: Can SOL hit $200 as congestion is resolved
In recent weeks, Solana (SOL) has been thrust into the spotlight within the cryptocurrency industry due to persistent network congestion, which threatened its standing as a potential competitor to established entities like Ethereum (ETH). However, recent efforts to address these issues seem to have borne fruit. According to an update shared by SolanaFloor on April 24, the congestion problems have been successfully resolved , and transactions are now confirmed in under two seconds. BREAKING: @solana's congestion issues have been completely resolved , with block production back to normal. Transactions confirming in under 2 seconds. pic.twitter.com/TdQVjSSRQI — SolanaFloor | Powered by Step Finance (@SolanaFloor) April 24, 2024 The journey to resolving these issues has not been without its challenges. Particularly, initial attempts, including solutions proposed by developers like Anza and network upgrades, proved insufficient, leading to prolonged congestion . ...