A sudden rise in Ore mining transactions was one of the main culprits behind Solana’s April congestion issue, where up to 70% of non-vote transactions were rejected.
The team behind the proof-of-work powered Solana-native crypto Ore has won the “Grand Prize” at a Solana Foundation-backed hackathon despite the project majorly disrupting the blockchain in April.
Ore won $50,000 in USD Coin (USDC) for its efforts in the May 6 “Solana Renaissance Hackathon” focused on finding Solana’s “next wave of high-impact projects.”
However, the sudden rise in Ore mining transactions, combined with the recent memecoin mania, were two of the main contributors behind Solana’s transaction failure issue in mid-April, which saw more than 70% of non-vote transaction requests being knocked back at first instance.