The Solana network has been down a number of times since it launched in 2020. During these network outages, Solana transactions become temporarily unavailable.
In this article, we explain what causes Solana’s outages, and most importantly, what is being done to resolve it.
Tip
Learn more about what Solana is and how it works.
What causes the outages?
Network outages have been caused by a number of different things, including bots pushing millions of transactions per second through the network, as well as bugs in Solana’s blockchain code.
Solana is a relatively young blockchain, and it has grown in popularity extremely quickly. This has put a lot of pressure on a network that hasn’t had much time to develop and mature. Solana only launched in 2020 and is still technically in its beta phase, which means it’s being tested and improved upon. Despite being a working product, Solana will need continuous updates to withstand its current rate of use and reach its full potential.
What is the solution?
In response to users’ concerns, Solana has announced plans for flow control updates that are set to address network outages – some of which have already been implemented.
How do outages impact Luno customers?
While you will experience some inconvenience, your funds are safe. When the Solana network is down, your transactions might be delayed or fail because they will not be recorded on the blockchain (in which case your funds will remain in your Luno wallet).
We suggest that you cancel pending transactions and return again later to complete them when Solana restores the network.
Note
As a cryptocurrency exchange, Luno does not have the ability to resolve outages on the Solana network. However, we will continuously monitor and inform you when outages occur so that you can decide whether to wait or proceed with your transaction.