Layer-1 blockchain network Solana has shown improvements in reliability and uptime so far this year, with only one outage in 2023, according to a report by the Solana Foundation.
On July 20, the Solana Foundation released its latest performance report stating that it has seen improvements to the network during the first half of 2023, as measured by uptime and the ratio of non-voting-to-voting transactions.
In past years, Solana has been plagued by reliability and uptime issues, which its co-founder, Anatoly Yakovenko, previously called a “curse” but said the network’s low-cost transactions were the reason for the outage.
The latest report states that Solana has experienced 100% uptime since February 25, marking a full quarter without outages. The February 1 outage left the network offline for about 19 hours.
The report states that the ratio of voting and non-voting transactions has improved. Voting transactions occur when a validator votes to confirm one or more proposed blocks of information and non-voting transactions are triggered by user behavior on the blockchain.
“Over time, we expect the ratio of voting to non-voting transactions to decrease because as the network becomes more efficient, the overall percentage of voting transactions should decrease.”
Blocktime, which measures how quickly new blocks are added to the chain, has become even more consistent in addition to a spike during the outage.
1/ The Solana Foundation has released the most recent @solana Network performance report.
Solana Network performance has improved in the first half of 2023, as measured by uptime, non-voting-to-voting transaction ratio, and more.
Read the full report: https://t.co/naOftyknLA pic.twitter.com/yI9Q8swWdT
– Solana Foundation (@SolanaFndn) 20 July 2023
Transactions per second (TPS) is also used to measure the performance and throughput of a network. It added that Solana’s maximum daily TPS has been increasing since January, which is associated with new network upgrades. The current figure on the Dune Analytics network reports 3,777 transactions per second.
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The Artemis dashboard reports a daily transaction count of 19.2 million for Solana, which has been the leader for this metric until it was recently usurped by Sui Network due to the popularity of Web3 games.
According to Cointelegraph data, Solana (SOL), the blockchain’s native token, was down 4.5% on the day — around $25.50 at the time of writing.
The coin is performing well with a 50% gain in the past month, but remains down 90% from its November 2021 all-time high of $260.
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