Solana congestion troubles could end soon, testnet v1.18.11 release arrives

Source Fxstreet
  • Solana blockchain’s troubles could end soon with a release that brings congestion fixes to the chain. 
  • Solana focused devshop Anza came up with a fix for the Web3 infrastructure platform’s failed transactions. 
  • SOL price remains range bound below resistance at $192. 

Solana network is plagued by failed transactions caused by congestion issues on the blockchain. The recent rise in popularity of Solana-based meme coins has resulted in a massive increase in user activity on the SOL blockchain, which has exacerbated the issue. 

Solana congestion troubles could end with a technical release

Over 50% of transactions on the Solana blockchain fail due to congestion issues on the chain. This is based on data from Dune Analytics. The failed transactions have invited criticism from market participants on social media platforms like X. 

SOL

Solana failed transactions on Dune Analytics platform

Solana’s co-founders have previously assured SOL holders that technical teams and engineers are working on a fix to the issue. Anza, a Solana focused devshop, announced the release of a fix for the devnet and recommended it to the testnet as well. The solution addresses the congestion issues faced by the chain and is likely to tackle the problem, once deployed on the mainnet.

SOL price remains range bound

SOL price has traded within a tight range between $162 and $192 since April 2. The range bound price action has seen SOL price move towards the lower boundary, closer to $162. SOL price is $168.32 on Friday, at the time of writing. 

In the past week, SOL price wiped out over 6% of its value. 

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
US September CPI preview: inflation set to hit 3.7% — will the Fed hike in December?US September CPI lands Wednesday with headline inflation seen at 3.7% y/y and core at 0.2% m/m. December hike odds sit near 70% — here are the scenarios, the calendar and the key levels.
Author  Irene Q.
Oct 10, Sat
US September CPI lands Wednesday with headline inflation seen at 3.7% y/y and core at 0.2% m/m. December hike odds sit near 70% — here are the scenarios, the calendar and the key levels.
placeholder
Yen inches toward 159 as Tokyo reopens — where is the line in the sand before 160?USD/JPY traded around 158.5 on Tuesday after Monday's 158.60 close — the highest since September 24 — as Tokyo reopened and the market re-focused on two dates dominating the yen calendar: the G20 finance ministers' meeting in Bangkok on October 15 and the Bank of Japan's October 30 decision. Here are the three forces leaning on the yen, the positioning picture, and the scenarios into Wednesday's US CPI.
Author  Irene Q.
Oct 13, Tue
USD/JPY traded around 158.5 on Tuesday after Monday's 158.60 close — the highest since September 24 — as Tokyo reopened and the market re-focused on two dates dominating the yen calendar: the G20 finance ministers' meeting in Bangkok on October 15 and the Bank of Japan's October 30 decision. Here are the three forces leaning on the yen, the positioning picture, and the scenarios into Wednesday's US CPI.
placeholder
Strong profits, falling shares: bank earnings day one meets a memory-chip rout — with CPI and ASML aheadGoldman Sachs blew past estimates (EPS $17.01 vs $13.09 expected, profit +33%) while JPMorgan missed ($5.75 vs $5.93) and Wells Fargo fell 3% — yet the S&P 500 finished flat at 7,805.45, pinned below its record close as a memory-chip rout (SOX −2.67%, Micron under $1,000) kept the pressure on. Tonight brings the week's decider: US September CPI at 8:30 ET, then Bank of America, Morgan Stanley, BlackRock and ASML before the open. Here are the levels, both cases, and the watch list.
Author  Irene Q.
Yesterday 06: 06
Goldman Sachs blew past estimates (EPS $17.01 vs $13.09 expected, profit +33%) while JPMorgan missed ($5.75 vs $5.93) and Wells Fargo fell 3% — yet the S&P 500 finished flat at 7,805.45, pinned below its record close as a memory-chip rout (SOX −2.67%, Micron under $1,000) kept the pressure on. Tonight brings the week's decider: US September CPI at 8:30 ET, then Bank of America, Morgan Stanley, BlackRock and ASML before the open. Here are the levels, both cases, and the watch list.
placeholder
Bitcoin's V-shaped rebound: from $80,953 back above $83,000 — spot buyers step in as the Fed softens, but ETF outflows lingerBitcoin slid to $80,953 on October 13 — then snapped back above $83,000, reclaiming the 81,847–82,305 'golden zone' on spot-led buying as Williams and Waller cooled the Fed's hawkish tone and the dollar pulled back from its 18-month high. But October ETF outflows near $386 million and a fear-and-greed reading of 56 say the repair is unfinished. Here are the levels, the transmission chain and both cases ahead of tonight's US CPI.
Author  Suzie
Yesterday 06: 36
Bitcoin slid to $80,953 on October 13 — then snapped back above $83,000, reclaiming the 81,847–82,305 'golden zone' on spot-led buying as Williams and Waller cooled the Fed's hawkish tone and the dollar pulled back from its 18-month high. But October ETF outflows near $386 million and a fear-and-greed reading of 56 say the repair is unfinished. Here are the levels, the transmission chain and both cases ahead of tonight's US CPI.
placeholder
Gold Price Analysis Today | Forex Gold Analysis | XAU/USD Analysis - October 14, 2026Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for October 14, 2026. Read on for the details.
Author  Mitrade
Yesterday 07: 11
Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for October 14, 2026. Read on for the details.
Related Instrument
goTop
quote