BlockBeats News, August 30, Solana Foundation's Vice President of Technology, Jacob Creech, announced that Solana is about to undergo several important changes. Next week will mark the first step towards rent reduction, Transaction V1 will officially launch on September 9, and the Slot time (block time interval) will be further reduced.

In addition, Solana plans to advance Alpenglow in October and hold the Scale or Die event in November. Creech stated that with these changes taking place, "Solana's development will be different from now on."