Solana is the fast, low-cost blockchain that simply never works

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Solana has experienced more than 150 hours of downtime over the last three years — and meme coins are making the problem worse.

that are never fully resolved. It does not perform adequately under full network capacity. It’s supposed to process 50,000 transactions per second , but peaks around 1,000 TPS under real-world conditions — with 30-60 second waiting times.

Solana’s official uptime reporting — visible on its homepage — is also questionable, indicating 100% uptime in months where exchanges and users reported severe network outages. Network congestion is what the chain is most known for. That’s significant, on a blockchain whose main selling point is throughput and scalability.The common narrative from Solana bulls is that congestion is a natural consequence of success.

In 2018, Visa’s networks went down for 10 hours. It was a big deal — rightly so — that resulted in aggressive media coverage. Visa compensated cardholders and issued a formal apology. has not experienced any failures since that time — and it has accommodated far more traffic than Solana. That’s the kind of stability required to earn real-world utility.

 

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