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Quick Take

• In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding
• Solana is unique among L1 chains for its execution-focused architecture that relies on a close integration between validator software and hardware
• A litany of performance and downtime issues in the past year has highlighted the challenges of optimizing the protocol through frequent mainnet upgrades
• The latest release (v1.13.4) introduces a major change with the activation of the QUIC protocol and discontinuation of UDP, setting the stage for future stress tests of its new transaction processing capabilities

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