Altcoin News

Solana Down: What’s the Reason Behind Recurrent Outages

Solana Down: Experts claim SOL Mainnet Beta suffered a significant performance degradation due to the BPF loader and high TPS issues
Published by
Solana Down: What’s the Reason Behind Recurrent Outages

Highlights

  • Solana engineers released a new validator software release for network restart
  • Solana Mainnet Beta suffered a significant performance degradation again
  • Matthew Sigel, head of digital assets research at VanEck, claims BPF loader failureas root cause of outage
  • Solana missed 100% uptime for a year

Solana Down: Solana engineers released a new validator software release for validator operators to upgrade and restart of the Solana network after an outage for 5 hours. All Solana-related activities including spot and derivatives trading, staking, and others halted after Solana stopped processing blocks at 10:00 UTC on Tuesday.

Solana team has yet to reveal a report on the Solana outage. It said, “Core contributors are working on a root cause report, which will be made available once complete.”

Advertisement

Solana Release Patch For Network Restart

Solana Status in the latest post on February 6 revealed that a new validator software release, release version v1.17.20, is available for upgrade. This includes a patch to resolve the cluster issue that caused the network to halt. Engineers from across the ecosystem readied the software release. Validator operators were asked to prepare for an upgrade and restart of the network.

In an earlier post, Solana team said “Engineers from across the ecosystem are investigating an outage on mainnet-beta.” The team updates the community in real time as more information becomes available.

As per Stakewiz data, Solana network start is underway as validators install the software release. Once 80% of the stake has restarted, the cluster resumed block production from slot 246464041. The block production on Solana mainnet beta resumed at 14:57 UTC.

South Korea’s largest crypto exchange Upbit decided to temporarily suspend deposits and withdrawals for SOL, GMT, RAY, and ACS tokens due to the ongoing Solana network outage.

Read More: Solana Outage Casts Shadow On SOL, GMT, RAY, ACS Trading

Advertisement

Reason Behind Outages

Solana Mainnet Beta suffered a significant performance degradation again, similar to last year. Solana blockchain has suffered over a dozen outages in the last few years. While the team will release a root cause report soon, experts pointed out the design of the system as the major reason.

Matthew Sigel, head of digital assets research at VanEck, claims BPF loader failure was the reason behind the latest outage. The Berkley Packet Filter (BPF) is a mechanism to deploy upgrade and execute programs on Solana. A bug was triggered, relating to earlier SMID (Solana Improvement Proposal) which added a blocker to stop metadata from being used in the BPF.

Moreover, Solana handles all their consensus on-chain, which means all validator communications are on the chain just like a transaction. It causes transaction volume as well as TPS to rise massively.

Also Read: Solana Outage: Fix Released For Validator Operators To Restart Network

Advertisement

Solana Missed 100% Uptime

Solana network has missed its 100% uptime for a year by 20 days, as per data by Solana Status. The network suffered a major outage for 18 hours on February 25 due to cluster instability that happened after the v1.14 upgrade causing block finalization to slow significantly.

SOL price fell 4% after the outage on Tuesday, reducing the community’s sentiment on Solana and prices. However, the price is currently trading at $100, up over 5% in the last 24 hours amid a crypto market recovery on Thursday.

Advertisement
Share
Varinder Singh

Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • News

Waller Signals December Fed Rate Cut Despite Powell’s “No More Cuts” Stance

Governor Christopher Waller has called for another Fed rate cut in December. This comes as…

November 1, 2025
  • News

BitMine Buys $29 Million in Ethereum as Kalshi Traders Cut $5K Price Odds to 34%

BitMine has made a fresh bet on Ethereum, acquiring 7,660 ETH worth about $29 million…

November 1, 2025
  • News

Bitwise XRP ETF Moves Closer to Launch as Firm Submits Final S-1 Filing

Bitwise’s XRP ETF could be set to launch in the coming weeks after the firm…

November 1, 2025
  • News

MEXC Denies Insolvency Rumors, Faces Record Withdrawals as Users Seek Proof of Solvency

MEXC exchange has denied ongoing insolvency rumors after users reported withdrawal delays and increased fund…

November 1, 2025
  • News

$7B Virtu Financial Holds $63M XRP as Whales Accelerate Daily Sell-Off

Virtu Financial, a $7 billion Wall Street firm, has revealed $63 million in XRP holdings.…

November 1, 2025
  • News

Breaking: Coinbase Nears $2B Deal to Buy Stablecoin Platform BVNK

Coinbase is reportedly closing in on a $2 billion acquisition of stablecoin infrastructure startup BVNK.…

November 1, 2025