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Solana nears network freeze after routing failure

Created at 12 Aug · 1:46 PM1 source↑ Market-relevant
IN SHORT

Solana's blockchain nearly froze Wednesday when a routing failure at a major data center provider knocked nearly 29% of its staked tokens offline, bringing it close to a five-hour outage experienced in February.

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Key Numbers

29%staked tokens knocked offline
20 milliontokens away from freeze threshold
one-thirdstaked tokens offline triggers freeze
February 2024previous network outage
90validators affected
333 SOLrewards lost by validators
$4.3 billionassets locked in Solana DeFi
10 minutestime to fix the glitch
4:16 a.m. UTCtraffic resumed
14 millionadditional tokens lost
33 minutesvalidators stayed offline

Who's Involved

Solana
smart contract blockchain that neared a network freeze
Marinade Finance
staking platform that reported the incident
Teraswitch
data center provider whose routing failure caused the issue
Helius
affected validator that remained offline
Solana nears network freeze after routing failure

↳ Why This Matters

The incident highlights the fragility of blockchain networks and the risks associated with centralized points of failure in critical infrastructure, potentially impacting the security and finality of transactions for all users.

Key facts

  • Solana's network came close to freezing on Wednesday morning.
  • A routing failure at a data center provider impacted nearly 29% of staked tokens.
  • The network stops finalizing transactions if more than one-third of staked tokens go offline.
  • The incident left Solana within approximately 20 million tokens of a freeze.
  • The glitch originated from Teraswitch's Miami facility and spread to data centers in Europe and Asia.
  • The issue was resolved within approximately 10 minutes.

Solana's blockchain nearly froze on Wednesday morning when a routing glitch at a major data center provider knocked almost 29% of the network’s staked tokens offline, according to staking platform Marinade. The network stops finalizing transactions if more than a third of the coins staked go offline, a threshold Solana came within approximately 20 million tokens of reaching.

The incident exposed the risk of relying on a single connectivity provider, identified as AS2032, which controlled more than a quarter of all staked tokens. The glitch originated from a bad internet route at Teraswitch’s Miami facility and spread to data centers in Europe and Asia, affecting roughly 90 validators. North America remained online.

Most affected validators, including Helius, stayed offline for the full 33 minutes because their backup systems did not activate. The company fixed the issue in about 10 minutes, and traffic was flowing again by 4:16 a.m. UTC. The network has a history of outages, despite its reputation as a faster and cheaper alternative to Ethereum, with $4.3 billion in assets locked in its DeFi protocols.

Frequently asked questions

Solana is a leading smart contract blockchain known for its speed and lower transaction costs compared to Ethereum. It supports decentralized finance (DeFi) protocols.

A routing failure at a major data center provider, Teraswitch, caused a significant portion of Solana's staked tokens to go offline, nearing the threshold that would halt transaction finality.

Staking is the process of locking up cryptocurrency tokens in a blockchain network to help secure it, in return for rewards. This process is crucial for many Proof-of-Stake blockchains like Solana.

The network came within approximately 20 million tokens of the one-third staked token threshold that would trigger a freeze, similar to an outage experienced in February 2024.

What Happens Next

01Further analysis of validator backup system failures is expected.
02Discussions on improving Solana's network resilience are likely to intensify.

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Cadence
CME Headlines
  • Product Modification Summary: Amendments to the Strike Price Listing Schedule for all Hourly Event Contract Swaps on Ether — Effective August 10, 2026
    6 Aug · 7:45 PM
  • Amendments to the Strike Price Listing Schedule for all Hourly Event Contract Swaps on Ether
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How It Developed

Solana's network neared a freeze threshold due to a routing failure.
The incident affected nearly 29% of staked tokens.
A single provider controlled over a quarter of staked tokens.
The issue was traced to a bad internet route from Teraswitch's Miami facility.
The company fixed the issue in about 10 minutes.
Traffic resumed by 4:16 a.m. UTC.

Sources

T1
Smart contract blockchain Solana nearly froze Wednesday, Marinade Finance saysCoinDesk

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