Solana Formally Acknowledges Problems With ‘High Compute’ Transactions Clogging the Network

Solana Formally Acknowledges Problems With ‘High Compute’ Transactions Clogging the Network


Solana, a top ten smart contracts-enabled cryptocurrency by market cap, has acknowledged it is facing a series of problems hindering the performance of its network. The official account of the status of the network, as well as the status page, reported this incident yesterday. This is the latest issue Solana is facing after experiencing several network disruptions during the past months.

Solana Facing Throughput Issues

Solana, a smart contracts-enabled cryptocurrency, has formally acknowledged its network is suffering performance issues affecting the throughput of the system and causing it to drop certain transactions. The report was issued by the Solana Status Twitter account of the project, which informed users of the situation yesterday.

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The account explained:

[The network is experiencing] degraded performance due to an

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