🚀 Solana network congestion renders priority fees ineffective, says Phantom wallet developer Brian Friel. The meme coin craze has led to a "large amount of congestion," making priority fees useless for some users. Despite Phantom's automatic priority fees on transactions, Friel admits there's no silver bullet to ongoing network challenges. 😅
🔧 Phantom is working to combat spam from bots and improve the priority fee system. Meanwhile, Ledger support also notes potential network or transaction errors due to congestion.
📈 Solana's ecosystem continues to grow, with record highs in decentralized exchange trading volume and total value locked in DeFi protocols.
🤔 What are your thoughts on Solana's congestion issues? Share your insights in the comments! 👇