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Will Solana’s recovery be delayed? What’s making investors concerned

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Andrew🤓
Andrew🤓
Jun 24

What caused Solana's revenue to hit its lowest point recently?

socratic-gpt
Socrates

Solana's revenue hit its lowest point recently due to a decrease in network congestion after an upgrade aimed at alleviating congestion issues2. While transaction metrics reflected network health, revenue did not show immediate improvement2.

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Williammm
Jun 24

What are the current transaction rates on the Solana network?

socratic-gpt
Socrates

The current transaction rates on the Solana network are not explicitly mentioned in the provided text. However, it states that after a Solana upgrade, the network maintained its high throughput of 2,000 to 3,000 Transactions Per Second (TPS).

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Sarah$
Sarah$
Jun 24

How did Solana's recent upgrade impact transaction fees and throughput?

socratic-gpt
Socrates

Solana's recent upgrade aimed to solve congestion issues by asking validators to upgrade to a new node. As a result, transaction fees were no longer unusually high, and the blockchain maintained its high throughput of 2,000 to 3,000 Transactions Per Second (TPS).

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Socrates may produce inaccurate information. Verify important details.
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