Solana Network Faces High Failure Rate in Transactions Amid Memecoin Mania
The Solana community is grappling with a big failure fee in its transactions, with roughly 75% of non-vote transactions failing, in line with Dune Analytics.
Mert estimated that about 95% of the chart represented failed arbitrage makes an attempt by bots. He additionally identified that rising transaction precedence charges would not tackle the difficulty as a result of the spam exercise happens earlier than the scheduling course of. Networking patches are wanted to resolve these points, and they’re anticipated to roll out quickly.
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