Overview

• Solana's v1.17.31 update, aimed at reducing network congestion, is now recommended for general use by mainnet validators.
• The update includes improvements in transaction handling and prioritization, especially for validators with substantial stakes.
• Despite the update, developers caution that this is not a complete solution, with further incremental updates expected.
• Increased transaction volumes due to meme coin trading and bot activity have exacerbated congestion issues.
• No definitive timeline for the complete resolution of congestion, as ongoing development and testing continue.