Solana Status released an urgent software update today for Mainnet-Beta network validators, which must be applied by both staked and unstaked validators. As the update includes essential patches to keep the network working smoothly and securely.
The v3.0.14 release applies to all Mainnet-Beta validators, both staked and unstaked. If validators fail to complete the upgrade on time, they may encounter technical difficulties.
The recent event, which is the launch of the Solana-based SKR token, suggests the growing activity across the Solana network. As usage increases, upgrading the network’s infrastructure becomes significant for smooth operations. Still, huge system updates or transfers can also cause technical challenges in live network situations.
Then, in comparison to other blockchains, an increasing number of trading activities and user interaction are occurring on the Solana network, as per the recent post from Token Terminal, suggesting that Solana has become the top blockchain for tokenized stocks.
Institutional Interest Grows Alongside Network Activity
With that, according to SoSoValue, U.S. spot Solana exchange-traded funds (ETFs) have seen modest but steady inflows in recent periods, with a cumulative total net inflow of $816.92 million, while other Bitcoin and Ethereum ETFs have recorded outflows.
Then, the recent Morgan Stanley filing for Solana ETF which shows more involvement in Solana-based funds by institutions. So, the increasing ETF inflows and on-chain activity suggest that institutional trust in the Solana ecosystem is growing.
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