Solana has upgraded its software, resulting in significant changes for validators. Daily validator revenue has surged to over $30 million since mid-October, correlated with an increase in SOL's price, which recently surpassed $200. Previously, validator revenue was declining alongside SOL prices due to reduced fees amid memecoin trader fatigue. In response, the Solana Foundation capped commissions for validators receiving staking delegations. The latest software update, v2.0.14, has been adopted by approximately 40% of validators. Those who upgraded reported improvements, including enhanced maximal extractible value (MEV) rewards and quicker transaction validation. Additionally, changes in network scheduling and stake-weighted quality of service (SWQoS) have led to more efficient transaction processing, improving block rewards. Despite a decrease in the total number of network nodes from 1,970 a year ago to 1,358 currently, 58 new nodes have been added since late September, indicating a renewed interest in Solana amidst its recent positive metrics.

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