The Solana (CRYPTO: SOL) blockchain experienced significant network congestion on Monday as enthusiasm around President-elect Donald Trump-themed meme tokens triggered unprecedented transaction volumes, leading to technical difficulties for key infrastructure provider Jito Labs.
What Happened: Jito Labs reported “severe degradation” of its Block Engine API due to “unprecedented load levels,” though the company later confirmed service stability had improved following emergency mitigation efforts. While the Solana network continued processing blocks, transaction submission through Jito’s service was temporarily impacted.
Solana’s official X account retweeted a post from Jito Labs.
The congestion coincided with the launch of the MELANIA token on Solana by Melania Trump, which surged over 21,000% within 24 hours to reach an $11.39 billion market capitalization. This followed the recent launch of the OFFICIAL TRUMP token, which experienced a 36% price drop …
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