Solana ecosystem updates, DeFi and NFT growth, and the latest on performance and network development.
The decline mirrored a broader selloff across asset classes amid heightened global economic uncertainties and geopolitical risks.
Assad Jafri 2 min read 
Solana developers have deployed a fix for the congestion issues plaguing the network on the devnet to test stability before a full rollout.
Controversy erupts between DeFi lending platforms MarginFi, SolBlaze, and Solend
Solana processed roughly $1.4 trillion in stablecoin transfers in March, making up almost half of the market share.
The TVC mechanism introduces a new incentive structure for validators, rewarding faster transaction processing with higher vote credits.
Zeta said it leveraged Solana's soaring popularity to reach a record trading volume of over $1.2 billion in March.
Solana's ongoing network congestion has been tied to an implementation bug.
With a 75.68% failure rate in non-vote transactions, Solana confronts operational challenges in the DeFi landscape.
The SOL will be locked for four years and cannot be sold.
