$SOL
Here's the latest on Solana as of May 14, 2025:
š§ Network Update: Mainnet v1.18.15
Solana has released Mainnet Beta v1.18.15, focusing on enhancing network performance and stability. This update includes fixes aimed at addressing performance issues during periods of network congestion. Validators are encouraged to upgrade to this version to benefit from these improvements.
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šø Rent-Exempt Account Update
A recent update clarifies that accounts holding a minimum balance on Solana are exempt from ongoing storage fees. This change is significant for traders and developers, as it lowers the barrier for deploying and maintaining accounts, potentially increasing the network's utility.
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š Market Highlights
DeFi Development Corporation: The company has increased its Solana holdings to 595,988 SOL, valued at approximately $102.7 million, marking its largest single crypto acquisition to date.
Stablecoin Growth: Solana's stablecoin supply has surged by 156% in 2025, surpassing $13 billion, indicating growing adoption in the DeFi ecosystem.
