What exactly happened?
The Solana network deployed an upgrade on mainnet that, according to CoinDesk, under the label Transaction V1 raises the maximum size of a single transaction from 1,232 bytes to 4,096 bytes. That is more than triple the previous ceiling.
The transaction size limit (essentially the maximum amount of data that fits into a single transaction) determines how complex operations can be packed into a single step. A higher ceiling means more room for data.
Both Cointelegraph and CoinDesk agree on the specific number: the new limit is 4,096 bytes.
What is a larger transaction good for?
According to Cointelegraph, the higher limit gives developers more room for:
- zero-knowledge proofs (a cryptographic method in which one party proves the validity of a statement without revealing the data itself),
- multi-signature transactions (multisig), where an operation must be approved by several parties.
CoinDesk adds further uses: multi-step trades within a single transaction, approvals via corporate wallets, and privacy-preserving proofs.
| Parameter | Before the upgrade | After the upgrade |
|---|---|---|
| Maximum transaction size | 1,232 bytes | 4,096 bytes |
| Source | CoinDesk | Cointelegraph, CoinDesk |
Does this mean an advantage over Ethereum?
CoinDesk frames its piece so that larger transactions give Solana an "edge" (advantage) over Ethereum. It is important to separate fact from interpretation: what is proven is the new technical limit. The claim that this results in a competitive advantage over Ethereum is CoinDesk's editorial framing, not a measurable outcome. The real impact on how many developers and applications the upgrade actually attracts will only become clear over time.
What does the upgrade say about the price of SOL?
Be cautious. During the same period, the Polish site BitHub.pl wrote that Solana had broken the longest streak of monthly declines in its history and cited an "83.33% chance" of a price rebound. A clear line is needed here: charliedesk does not link the technical upgrade with price movement as cause and effect. The percentage "chance of a rebound" is a statistical consideration from a single source, not a proven prediction, and it is certainly not a recommendation to buy or sell.
A correlation between the upgrade and any price movement is not documented in the available sources.
Did everything work smoothly?
On the same day, September 15, Kraken reported on its status page an issue with the funding gateway for SOL (the SOL-USDC pair), which could delay deposits and withdrawals. According to the exchange, other payment methods were working normally.
Whether this incident was directly related to the upgrade does not follow from the available sources. It could be a coincidence in timing or a related problem, but confirmation is lacking. We report it as a fact about the exchange's operations, not as a consequence of the upgrade.
What to watch out for with this type of event?
- Separate the number from the impact. The new limit of 4,096 bytes is verified. How many new applications and what volume it will bring is still open.
- Do not mistake framing for data. "An advantage over Ethereum" is a media perspective, not a measured result.
- Monitor operational reports from exchanges and validators after every larger upgrade. Short-term hiccups (like Kraken's report) may not be related to the upgrade, but they are worth watching.

