The Solana network suffered major instability this past weekend. According to the project’s developers, the problem happened due to an artificial increase in the emission of non-fungible tokens (NFTs).
With the instability, the Solana network was completely inoperable for seven hours, which was the time it took to resolve the problem. The transactions overload happened last Saturday (30), shortly after bots hacked the network.
The developers identified that the transactions were recorded on the Candy Machine, Solana’s platform for creating NFTs. Bots clogged the network with more than 4 million transactions per second.
According to the developers responsible, the problem was solved this Sunday morning (1). No balances were damaged by the network outage. This is not the first time the Solana network has faced problems with bots recording multiple transactions.
In January 2022, the Solana network faced similar problems, which caused the platform to be down for 18 hours. With the network down, the solana cryptosset dropped more than 7% in the crypto market.
In addition to the Solana network, the Ethereum network has also faced instability in recent days. In Ethereum’s case, the problem was caused by digital land sales in the Bored Yacht Club collection metaverse.
With the increase in transactions on the Ethereum network, fees skyrocket shortly after congestion on the network. As with Solana, the Ethereum network has now returned to regular operation.
