Crypto: Solana's Capacity for Intricate Transactions is Tripled

Solana strengthens its ceiling as Ethereum simplifies its entry point. Two updates published almost simultaneously, yet addressing different issues. The Solana blockchain targets Wednesday to triple the maximum transaction size, from 1,232 to 4,096 bytes, a technical evolution called Transaction v1. At the same time, a tweet confirms that Ethereum approved EIP-8141 for its upcoming major upgrade, Hegotá, planned for 2027 where crypto users will be able to pay their transaction fees directly in stablecoin. This, without holding any ETH. Two competing networks, two strategic projects, and a shifting balance of power on two distinct fronts.

In Brief

Solana Strengthens its Transaction Ceiling from 1,232 to 4,096 Bytes

The transaction ceiling change on Solana is defined by two proposals, SIMD-0296 and SIMD-0385, co-written by Jacob Creech and Andrew Fitzgerald. The new format is already running on Solana’s test and development networks, and existing formats will continue to work. Wallets and crypto applications therefore will not need to migrate to v1 unless they require this additional space.