Solana Mainnet Upgrade Boosts Block Capacity by 66% Amid Price Watch

Solana's mainnet has undergone a significant upgrade, allowing it to process more transactions and smart contract activity. The SIMD-0286 update increases block capacity by 66% with a new compute unit limit of 100 million units per block.

This change is expected to help trading platforms and other decentralized apps handle a higher volume of transactions during busy periods. The upgrade also aims to improve the network's scalability as more applications launch on Solana.

As traders watch the Solana price closely, analysts are keeping an eye on the $73.75 support level. This level has been identified as a key area for buyers to defend and potentially pave the way for a move back towards $80.