Solana Price Tops Gainers With 3.3% Surge As Jump Crypto Proposes Removing Block Limit
The Solana price has surged 3.3% in the last 24 hours to trade at $209.46 , as of 3.40 a.m. on a 52% increase in daily trading volume to $5.26 billion. That made it the top gainer among the biggest 100 cryptos, according to CoinMarketCap. The SOL price increase came as Jump Crypto’s Firedancer team submitted a proposal to remove Solana’s fixed block limit of 60 million compute units after the Alpenglow upgrade. This change would let powerful validators process larger, more complex blocks, while slower validators can skip the ones they can’t handle. It’s called SIMD-0370 and would create more incentives for validators to improve their hardware, earn more transaction fees, and keep the network running at top speed. 1/ SIMD-0370, by Jump’s Firedancer team, proposes removing Solana’s fixed compute unit block limit after Alpenglow. This would eliminate static caps on block limits and have validators skip blocks they can’t process in time....