𝐒𝐨𝐥𝐚𝐧𝐚 𝐢𝐬 𝐛𝐫𝐨𝐤𝐞𝐧.
75% of transactions are failing.
The network is under fire with a surge in memecoin activity.
However, vocal Solana proponent and Helius CEO, Mert, noted that the vast majority of failed transactions were simply “bot spam”.
While I can't confirm this, I do know that it's not the first time Solana has struggled with efficiency.
How long will it last this time?
It’s anyone's guess.