Lightspeed Newsletter: SolXEN may be filtering Solana spam

Howdy!

I’m ashamed to admit I have yet to listen to Anatoly Yakovenko’s debate with Justin Drake. However, I want to publicly thank them both for rescuing my X timeline from a days-long slog of Iggy Azalea memecoin takes.

More on the layer-1 esprit de corps later, but first, let’s take a look at what’s happening on the blockchain:

SolXEN may be filtering Solana spam

Something interesting is happening with Solana’s transaction chart. 

For the past few months, a sizable majority of Solana’s transactions have been failing. This flipped last week when 15 million daily failed transactions disappeared from the network, seemingly overnight. Now, for the first time since…

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