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[Solana Shortens Block Time, Matt Hougan Says Blockchain Performance Has Greatly Improved] Bitwise Chief Investment Officer Matt Hougan posted that investors have underestimated the advancements in public chain technology over the past few years, stating that current blockchain performance has far surpassed the levels seen during the previous bull market cycle. He pointed out that one of the key reasons for the setbacks during the 2019-2021 bull market was the inability of on-chain technology to meet demand, a problem that 'no longer exists.' His comments referenced a post by Jacob Creech, Vice President of Technology at the Solana Foundation, which noted that Solana has officially shortened slot times for the first time since its mainnet launch. The network has now reached approximately 350 milliseconds and plans to further reduce it to 300 milliseconds.

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