Solana launches v1.17.31 mainnet update with Stake-Weighted Quality of Service (SWQOS) to address network congestion.

Solana has launched its initial mainnet update, v1.17.31, to address network congestion issues. The update introduces a new feature called Stake-Weighted Quality of Service (SWQOS), which prioritizes 80% of connections for staked validators, improving transaction efficiency. This update aims to tackle slowdowns caused by spam transactions and increased transaction drop rates on the Solana network.