Solana is the fast, low-cost blockchain that simply never works
Solana has experienced more than 150 hours of downtime over the last three years — and meme coins are making the problem worse.
Solana’s congestion difficulties
As of April, 75% of all non-vote SOL transactions were failing, mainly due to the demand for meme coins on the network. Users took to X complaining about the degraded user experience. The high transaction failure rate was largely attributed to a surge in bot activity — which is not exactly a ringing endorsement for the network.

Related: Solana illustrates the dark side of monolithic blockchains

Solana’s history of frequent network failures dwarfs that of other major chains. It suffered from a five-hour outage on Feb. 6, two months before its April failure. In January 2022, it experience a whopping 58-hour outage. The network has suffered nine network outages since 2021 alone, spanning more than 150 hours of downtime.