New projects, especially those planning token launches, have been put on hold until the technical difficulties around Solana’s network congestion and transaction errors are resolved.
Intermittent congestion on the Solana blockchain has forced several crypto projects to postpone their launches. Solana developers say they are aiming to work on a fix by April 15.
Users of the Solana blockchain reported increasing issues around network congestion and transaction errors over several weeks. New projects, especially those planning token launches, decided to hold off until the technical difficulties were resolved.
Some Solana projects that waited for a congestion resolution included a nonfungible token (NFT) project, Suit up, altcoin project DuckCoin and Solana staking rewards platform Surge Finance.
