Solana slips below $90 as Agave 4.4.1 becomes mandatory for validators

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Solana falls just over 7 percent to $89.62 and sits right on its 200-day line. Epoch 1079 starts this afternoon, and only validators running Agave 4.4.1 will stay in consensus.Solana validators must switch to Agave 4.4.1 before epoch 1079.Add as a preferred source on GoogleFollow on Google NewsSolana trades at $89.62 on Friday morning, just over 7 percent lower than 24 hours earlier. A technical deadline also expires today. Anza, the development team behind the Agave validator client, requires every mainnet validator to run Agave 4.4.1 before epoch 1079 begins. The switch is expected at around 14:30 German time. If you hold SOL on an exchange, you do not need to do anything. If you have delegated SOL to a validator yourself, check after the switch whether that validator is still earning rewards. The two events are not causally linked. The price drop follows a broad sell-off across the crypto market, while the upgrade is routine network maintenance. Together, though, they decide ...