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13 May 2026, 13:30

Solana Deploys SIMD-0266 Upgrade, Boosting Transaction Efficiency by Up to 20x

BitcoinWorld Solana Deploys SIMD-0266 Upgrade, Boosting Transaction Efficiency by Up to 20x The Solana blockchain has officially deployed the SIMD-0266 upgrade on its mainnet, a move expected to significantly enhance transaction processing efficiency. According to a report from SolanaFloor, the upgrade introduces improvements that could increase transaction throughput by up to 20 times. Key Technical Improvements The SIMD-0266 upgrade focuses on optimizing computational costs associated with token instructions. Specifically, the cost has been reduced by approximately 96%, making token-related operations far less resource-intensive. Additionally, the upgrade has resulted in a 12% to 13% increase in available block space, achieved without altering the existing block limit. This means the network can now process more transactions per block, improving overall capacity and reducing congestion. Implications for Network Performance For users and developers on Solana, this upgrade translates to faster transaction confirmations and lower fees, particularly for token transfers and DeFi interactions. The reduction in computational overhead also helps validators process transactions more efficiently, potentially lowering operational costs for network participants. This development comes as Solana continues to position itself as a high-performance blockchain for decentralized applications, competing with networks like Ethereum and Avalanche. Broader Market Context The upgrade arrives at a time when blockchain scalability remains a critical focus for the industry. Solana has historically faced challenges with network stability during periods of high demand, and improvements like SIMD-0266 are part of ongoing efforts to enhance reliability. While the upgrade does not change the fundamental architecture of the network, it represents a meaningful step toward greater efficiency without requiring a hard fork or disruptive changes. Conclusion The deployment of SIMD-0266 on Solana’s mainnet marks a practical improvement in transaction efficiency, with clear benefits for users and developers. By reducing computational costs and increasing block space, the upgrade addresses key pain points in network performance. As the blockchain space evolves, such incremental optimizations are essential for maintaining competitiveness and user trust. FAQs Q1: What is SIMD-0266? A: SIMD-0266 is a technical upgrade deployed on the Solana mainnet that improves transaction efficiency by reducing computational costs for token instructions and increasing available block space. Q2: How much will transaction efficiency improve? A: The upgrade is expected to boost transaction efficiency by up to 20 times, primarily by lowering the computational cost of token instructions by approximately 96%. Q3: Does this upgrade affect Solana’s block limit? A: No, the block limit remains unchanged. However, the upgrade increases usable block space by 12% to 13% through better optimization of existing resources. This post Solana Deploys SIMD-0266 Upgrade, Boosting Transaction Efficiency by Up to 20x first appeared on BitcoinWorld .

12 May 2026, 11:17

ETH drops below $2,300: can Glamsterdam news stop the selloff?

Ethereum is one of the worst performers among the top 10 cryptocurrencies by market cap as it has lost 2% of its value in the last 24 hours. The bearish performance comes despite some important developments within the Ethereum ecosystem. Ethereum developers ramp up work on Glamsterdam upgrade ETH is trading below $2,300 on Tuesday after losing 2% of its value over the past few hours. The bearish performance comes despite the Ethereum Foundation revealing on Monday that its developers made significant progress on Ethereum’s upcoming Glamsterdam hard fork during a recent interoperability event held in Svalbard, Norway. According to the Foundation’s latest Protocol Cluster update released Monday, development efforts accelerated through expanded testing initiatives and multiple live devnets as engineers continue preparing the network’s next major upgrade. Glamsterdam builds on the Fusaka upgrade introduced in December and combines changes across Ethereum’s consensus and execution layers. The upgrade is set to improve Layer 1 scalability, decentralization and overall network efficiency. One of the central features planned for Glamsterdam is Enshrined Proposer-Builder Separation (ePBS), a mechanism designed to improve the handling of maximal extractable value (MEV). The proposal would allow validators to outsource block construction more securely and efficiently while reducing centralization risks tied to MEV extraction. Developers are also introducing Block-Level Access Lists (BALs), which require more advanced state access declarations during block execution to improve efficiency and execution predictability. Furthermore, Ethereum contributors are continuing efforts to significantly increase the network’s gas throughput. The Foundation said Glamsterdam will support Ethereum’s long-term push toward a 200 million gas floor on the base layer, aided by optimizations tied to ePBS, BALs, and EIP-8037 state repricing. According to the Foundation, testing efforts intensified during the recent interoperability event in Norway. At the event, developers explored early prototypes tied to future upgrades, including Hegota and native account abstraction functionality. The Ethereum Foundation confirmed that several Glamsterdam devnets are now active as multi-client testing continues across the ecosystem. The organization added that the interoperability sessions helped improve coordination between client teams while accelerating work on execution-layer and consensus-layer compatibility. Ethereum price forecast The ETH/USD 4-hour chart remains bearish and efficient as Ether has underperformed over the past few days. At press time, ETH is trading at $2,284 and could drop below the previous week's low (PWL) of $2,270 if the selloff persists. The Relative Strength Index (RSI) is around 51, indicating a fading bullish momentum. The MACD lines are also approaching the neutral zone as the buyers slowly lose control. If the bullish trend resumes, immediate resistance would be seen at the 100-day EMA around $2,354, followed by the horizontal barrier at $2,388. A daily candle close above these levels would expose higher resistance at $2,746 and $3,412. However, if the selloff persists, initial support emerges at the 50-day EMA around $2,274. A break below this level would expose the support regions at $2,211 and $2,108, with deeper levels lining up at $1,909, $1,741 and $1,524. The post ETH drops below $2,300: can Glamsterdam news stop the selloff? appeared first on Invezz

11 May 2026, 18:45

Major Solana Upgrade Alpenglow Begins Testing Ahead of Full Rollout

Solana's Alpenglow consensus protocol upgrade is one step closer to being rolled out on the layer-1 network's mainnet.

11 May 2026, 15:54

Cardano demands fast move to node v11.0.1 for hard fork

🚨 Cardano urges all participants to upgrade to v11.0.1 before the Van Rossem hard fork. ADA is trading at $0.278 after a weekly gain of 11.88%. Continue Reading: Cardano demands fast move to node v11.0.1 for hard fork The post Cardano demands fast move to node v11.0.1 for hard fork appeared first on COINTURK NEWS .

11 May 2026, 13:50

Ronin Network to Transition to Ethereum Layer 2 via May Hard Fork

BitcoinWorld Ronin Network to Transition to Ethereum Layer 2 via May Hard Fork Ronin (RON), the blockchain network originally built for the Axie Infinity ecosystem, will undergo a hard fork on May 12 to transition into an Ethereum Layer 2 network. The upgrade, first reported by CoinDesk, aims to bolster security, improve tokenomics, and enhance scalability following a major bridge exploit in 2022 that resulted in losses exceeding $600 million. Technical Transition and Security Enhancements By adopting the OP Stack — the development framework behind Optimism — Ronin will effectively become an Ethereum Layer 2 rollup. This shift allows the network to inherit Ethereum’s robust security model while benefiting from higher transaction throughput and lower fees. The move addresses long-standing concerns about the network’s security architecture, which was severely tested during the 2022 hack when attackers drained funds from the Ronin bridge. New Staking Reward Model Following the hard fork, Ronin will implement a revised staking reward system. Instead of the previous uniform distribution model, rewards will be allocated based on validator contributions to network security and transaction validation. This change is designed to incentivize active participation and strengthen the network’s overall reliability. Implications for RON Token Holders For current RON token holders, the transition means their tokens will continue to function within the new Layer 2 environment, though the staking mechanics will change. The network has stated that no action is required from users to prepare for the hard fork, but validators and node operators will need to update their software to remain compatible. Broader Context and Industry Significance The move reflects a broader trend among gaming and application-specific blockchains to adopt Ethereum’s Layer 2 infrastructure. By aligning with the OP Stack, Ronin joins a growing list of networks leveraging Optimism’s technology stack, which now includes Base (Coinbase) and several other chains. This consolidation around shared infrastructure could improve interoperability and liquidity across the Ethereum ecosystem. Ronin’s transition also signals a maturing approach to blockchain security post-exploit. The 2022 hack, one of the largest in crypto history, prompted extensive security audits and architectural reviews. The shift to Ethereum Layer 2 represents a fundamental redesign rather than incremental fixes, addressing root causes rather than symptoms. Conclusion The May 12 hard fork marks a pivotal moment for Ronin, transitioning from a standalone sidechain to a fully integrated Ethereum Layer 2. While the technical details are complex, the core benefit for users is clear: enhanced security backed by Ethereum’s proven infrastructure, alongside improved tokenomics designed to reward active network participation. The upgrade will be closely watched as a case study in post-exploit blockchain recovery and migration strategies. FAQs Q1: Will the hard fork affect my RON tokens? No. RON tokens will continue to function after the hard fork. However, staking rewards will be calculated differently under the new contribution-based model. Q2: Do I need to do anything to prepare for the hard fork? Most users do not need to take any action. Validators and node operators must update their software to remain compatible with the new network. Q3: Why is Ronin moving to Ethereum Layer 2? The primary reasons are improved security (by leveraging Ethereum’s consensus), better scalability, and a more sustainable tokenomics model. The 2022 bridge hack exposed vulnerabilities in the original sidechain architecture. This post Ronin Network to Transition to Ethereum Layer 2 via May Hard Fork first appeared on BitcoinWorld .

10 May 2026, 13:45

Cardano Web3 Wallet Gets New Update Ahead of Major Hard Fork

Cardano web3 wallet receives key improvements ahead of hard fork.