It has been a tough week for Solana users. The network performance has slowed down massively. It was first reported on the Solana community’s Telegram group, and many speculated on another DDoS attack by hackers. However, it is due to increased high compute transactions.
Solana’s Continued “Degraded Performance”
Conversations surrounding Solana’s network issues have been going on since the beginning of the year. Solana Status confirmed that the platform is currently suffering degraded performance as a result of an “increase in high compute transactions.”
Typically, Solana boasts around 50,000 transactions per sec (TPS). Following the slowdown, the rise in high compute transactions led to a reduction of network capacity to “several thousand transactions per second.” This, in turn, led to some failed transactions for users. It assured the community that developers across the Solana ecosystem are monitoring the network to address these issues and enhance resiliency.
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