logo
  • menu
  • Markets
  • ETFs
  • Live
  • Spot
  • Futures
  • Bots
  • Learn
  • Sign In
  • Sign Up
  • Downloads
  • English
  • |
  • USD
  • |
Sign Up
Crypto PricesLearnLatest NewsDownloadsMarketsSpotAnnouncements
Home/
Latest News/
Industry

Solana Faces Block Production Slowdown, Network Reboot

By Craig Green
Feb 27, 2023
3.8 
★
★
★
★
★
★
★
★
★
★
 50 User Rating
Share

The Solana network faced a slowdown in block production on Feb. 25 following a validator software upgrade. The incident disrupted transactions and caused validators to downgrade their software in an attempt to restore network performance.

The technical issue began around 6:00 AM UTC, causing validators to downgrade to version 1.13 to restore transactions in the network. However, the downgrade was not enough to bring Solana back up and running, forcing the decision to restart the network on v1.13.6.

“The network’s block production rate has slowed significantly while validator software is being upgraded. Engineers are still working on a root cause analysis,” Solana’s Compass website states. The issue was related to the upgrade from 1.13 to 1.14, which slowed block finalization. The Solana network is currently restarting and requires 80% of online active validators to resume operation: “As more validators complete their restart this number will rise in line with the amount of stake they have delegated: this means larger validators such as CEX have an outsized impact on restart times.“

Solana’s validators discussed the resolution of the incident within hours of the issue. Infrastructure provider Chorus One noted on Twitter that the incident “demonstrates just how decentralized the web really is.”

Solana is an open source layer 1 blockchain. Its third-generation network architecture is designed to facilitate the creation of smart contracts and decentralized applications. The Solana blockchain was launched during the crypto boom of 2017. The project's internal testnet was launched in 2018, followed by several testnet stages before the mainnet's official launch in 2020.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

Related News

  • Brazil’s CVM Launches 60-Day Sprint to Tokenize Securities

    Brazil’s CVM Launches 60-Day Sprint to Tokenize Securities

    The Brazilian Securities and Exchange Commission (CVM) has officially established a dedicated task force to develop an experimental regulatory framework for tokenized securities, providing a fast-tracked timeline for the digital capital market.
    Martha Grizzard
    Jul 21, 2026
  • Hyperliquid Enables Permissionless Markets With HIP-4 Plan

    Hyperliquid Enables Permissionless Markets With HIP-4 Plan

    Hyperliquid has announced a forthcoming enhancement to its HIP-4 upgrade that will allow for the permissionless deployment of decentralized prediction markets.
    Christopher Smith
    Jul 21, 2026
  • DTCC Launches Live Tokenized Asset Trading for Wall Street

    DTCC Launches Live Tokenized Asset Trading for Wall Street

    The DTCC successfully transitioned from pilot testing to live production trades on July 15, 2026, marking the largest-scale institutional tokenization initiative to date.
    Cornell Rachel
    Jul 16, 2026

Latest News

Industry

Cryptocurrency

Airdrop

Markets

  • Brazil’s CVM Launches 60-Day Sprint to Tokenize Securities

    Brazil’s CVM Launches 60-Day Sprint to Tokenize Securities

    The Brazilian Securities and Exchange Commission (CVM) has officially established a dedicated task force to develop an experimental regulatory framework for tokenized securities, providing a fast-tracked timeline for the digital capital market.
    Martha Grizzard
    Jul 21, 2026
  • Hyperliquid Enables Permissionless Markets With HIP-4 Plan

    Hyperliquid Enables Permissionless Markets With HIP-4 Plan

    Hyperliquid has announced a forthcoming enhancement to its HIP-4 upgrade that will allow for the permissionless deployment of decentralized prediction markets.
    Christopher Smith
    Jul 21, 2026
  • DTCC Launches Live Tokenized Asset Trading for Wall Street

    DTCC Launches Live Tokenized Asset Trading for Wall Street

    The DTCC successfully transitioned from pilot testing to live production trades on July 15, 2026, marking the largest-scale institutional tokenization initiative to date.
    Cornell Rachel
    Jul 16, 2026
  • South Korea Updates Asset Law to Include Cryptocurrency

    South Korea Updates Asset Law to Include Cryptocurrency

    The South Korean Ministry of Economy and Finance announced a transition from the 1950 State Property Act to a new National Asset Basic Act to better reflect modern digital resources.
    Martha Grizzard
    Jul 16, 2026
  • New SEC Crypto Rule to Cut Red Tape for Startup Fundraising

    New SEC Crypto Rule to Cut Red Tape for Startup Fundraising

    The U.S. Securities and Exchange Commission plans to introduce a major regulatory framework this month to simplify capital formation and reduce operational hurdles for cryptocurrency businesses.
    Martha Grizzard
    Jul 8, 2026
View more data 
BTCBTC(BTC)
$0
--(Last 24h)
SpotFutures

Top

View more
  1. 1S&P 500 Reclaims 200-Day Moving Average, Bitcoin Gains
  2. 2Trump Softens His Stance on Reciprocal Tariffs, US Stocks and Crypto Markets Rise
  3. 3Vitalik Buterin : The current price of ETH has not been affected by the merger event
  4. 4Vibhu Norby : Solana Spaces store to bring 100K people to Solana per month
  5. 5CZ: compared with the record high nine months ago, the current situation of the industry is much better

Top Gainers

View more
Bless
BlessBLESS

$0.0201

+43.78%
Biconomy
BiconomyBICO

$0.0158

+32.83%
OVERTAKE
OVERTAKETAKE

$0.0376

+29.06%
Portal To Bitcoin
Portal To BitcoinPTB

$0.000936

+24.00%
WAX
WAXWAXP

$0.004450

+18.67%

Top Trending

View more
Samsung
SamsungSAMSUNG

$164.640

-2.38%
SK Hynix Inc
SK Hynix IncSKHYNIX

$1,082.90

-3.71%
Sandisk
SandiskSNDK

$1,219.68

-1.68%
Solana
SolanaSOL

$72.4700

-0.97%
Ethereum
EthereumETH

$1,842.55

-1.38%

Recently added

View more
Grvt
GrvtGRVT

$0.2788

+6.95%
Direxion Semiconductor Bear 3X ETF
Direxion Semiconductor Bear 3X ETFSOXSB

$54.4700

+6.82%
VanEck Semiconductor ETF
VanEck Semiconductor ETFSMHB

$542.560

-1.38%
PayPal
PayPalPYPLB

$57.6400

+0.61%
Goldman Sachs
Goldman SachsGSB

$1,026.00

+1.68%

Learn

View more
  1. 1What Are ARC-20 Tokens? How Do ARC-20 Tokens Work?
  2. 2What Is the Usual Protocol? How Does Its Tokenomics Work?
  3. 3What Are AI Agent Frameworks? How Do They Power Cryptocurrency?
  4. 4What Is JPYSC? How Japan’s Regulated Stablecoin Works
  5. 5Are AI Agents Safe for Crypto? How to Secure Your Assets
About Us
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
English
About Us
+
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
+
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
+
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
+
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
+
  • Twitter
  • Facebook
  • Telegram
  • YouTube
  • Instagram
  • Medium
  • Linkedin
@2012-2026 BITKAN.com