Solana Cuts Block Time to 0.21 Seconds With No Network Outage

TLDR Solana cut its block time from 0.42 seconds to 0.21 seconds in four steps between Aug. 21 and Oct. 9. The network had no halts in the 361 days checked, and skipped blocks fell from 0.23% to 0.05% of slots. A typical swap still costs about a tenth of a cent in network fees. Staking rewards now arrive every 26 hours instead of every 51 hours. Bitquery data shows memecoin sniper and sandwich bots kept the same pace when measured in seconds.