The Solana network has been experiencing unprecedented levels of congestion, leading to a record failure rate of transactions. According to data from Dune Analytics, on April 4, more than three-quarters of all “non-vote” transactions on Solana failed.
This surge in failed transactions coincides with a significant increase in network activity, driven largely by the recent craze over memecoins on the platform, which saw Solana’s transaction volume and unique user count skyrocket.
The issue has sparked considerable debate within the Solana community, with users voicing their frustrations over failed transactions and a deteriorating user experience on social media platforms.
The Solana network currently has a non-vote transaction failure rate of 76.8%, according to @scarn_eth Dune data. Because many bots engaging in arbitrage generates spam transactions. Solana foundation said a patch will be released soon. https://t.co/UtfGHsgPHO pic.twitter.com/Bx4VKZJTBb
— Wu Blockc
We współpracy z: https://bitcoinist.com/solana-existential-moment-co-founder-speaks-out/
