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SOL

Solana Boosts Block Capacity by 20%, Eyes Double in Future, Potential Breakout Above $1000

The capacity of Solana blocks has been increased by 20%, reaching up to 60 million computational units (CU). This enhancement facilitates the processing of more transactions within a single block. Previously, the limit was 48 million CU, which was gradually increased to 50 million CU to test system stability. According to Mert Mumtaz, co-founder of infrastructure firm Helius, developers aim to at least double the current block capacity in the future, while reducing transaction fees. Despite the overall market trend being bearish and this update not impacting SOL prices, technical analysis suggests a potential breakthrough above $1000.
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AI Analysis

The recent upgrade to Solana's blockchain, increasing the block capacity by 20%, indicates a proactive approach to scaling and improving network efficiency. By elevating the maximum transaction throug...

AI Recommendation

Investors should view the recent capacity upgrade as a technically positive development with long-term growth potential. Given the possibility of a technical breakout above $1000, traders might consid...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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