Solana Network Reboots after Massive Outage

The Solana validator community has successfully completed a mainnet beta restart. New blocks did not appear in it for more than sixteen hours.

September 15, 2021, | AtoZ Markets – Solana's validator community has successfully relaunched the beta version of the project's mainnet. No new blocks have appeared in it for more than 16 hours. The developers of the project have explained on Twitter that "Dapps, block explorers and supporting systems will recover to full network functionality in the next few hours."

The reboot occurred after the node software was updated to version 1.6.25.

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The Solana blockchain stopped issuing blocks on September 14 at approximately 3:00 p.m. The project's founder, Anatoly Yakovenko, has said that network resources have been depleted as a result of a spam transaction attack.

The developers have stated:

"Solana's network has experienced a large increase in transaction load, reaching 400,000 TPS at its peak. These transactions have overflowed the processing queue and the lack of prioritization of critical messages has caused the network to fork."

According to the team, this has caused excessive memory consumption that has resulted in some nodes going offline.

The Block analyst Larry Cermak has previously suggested that Solana's validators were running out of RAM.

Against the background of the failure, the price of the SOL token fell from levels around $160 to $142.39 (Kraken exchange). However, as the situation developed, the coin quotes recovered to their previous values.

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