The Solana network has been forced to address growing complaints regarding its ongoing transaction issues. Indeed, trading bots have been identified as the increased use for surging transaction failure rates on the platform. Moreover, the blockchain’s co-founders have addressed the concerning developments.
Solana co-founder Raj Gokal took to X (formerly Twitter) to address the situation. Specifically, he notes that the network has “world-class engineering teams working around the clock,” to combat some of the growing user complaints that have derived from increased difficulty in submitting transactions.
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Solana Network Addresses Growing User Complaints
Throughout March, few blockchains had seen as rapid an increase in user activity that Solana saw. As a key player in the meme coin mania that took place, it was one of the most active networks in the industry. Indeed, it had even surpassed Eterheruem in terms of DEX trading volume on several occasions.
However, that has now led to some difficulty for users when operating on the platform. Subseuqnlety, the Solana network has addressed the user complaints it has received over transaction issues. The platform has seen both of its co-founders reach out to users to speak on that growing frustration.
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“World-class engineering teams are working around the clock to push fixes to improve the experience of submitting transactions on Solana,” Gokal said in a post. “I am messaging them multiple times a day asking how it’s going, and they tell me this is a very helpful way to contribute to the solution.”
Thereafter, Solana co-founder Anatoly Yakovenko also discussed the increased agitation from users. “Dealing with congestion bugs sucks so much more than total liveness failure,” he said. “The latter is one and done, the bug is identified and patched and the chain continues. The former has to go through the full release and test pipeline. Shipping as fast as possible.”
Transaction Failures and Trading Bots
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Dune Analytics has released data that shows more than 70% of non-voting transactions since the start of April have failed. Moreover, that figure denotes a notable increase from the 54% failure rate that was recorded in March.
Alternatively, Helius Labs CEO Mert Mumtaz has stated that 95% of the railed transactions are likely due to an increase in trading bots. Indeed, Mumtaz noted that most issues are “before the transactions even make it to the block.”
Furthermore, he noted that the “system allows for too much spam and negligible economic activity.” Subsequently, the issue is likely to persist for users until these kinds of situations are addressed. When that will happen, is a matter of time.