Solana Network Narrowly Avoids Freeze, Data Center Routing Failure Causes Nearly 29% of Staked Tokens to Briefly Go Offline

According to CoinDesk, the Solana blockchain narrowly avoided a network-wide freeze early Wednesday morning. Staking platform Marinade disclosed that a network routing failure occurred at the Miami node of data center provider Teraswitch, quickly spreading to data centers in London, Amsterdam, Frankfurt, Singapore, and Tokyo, causing approximately 29% of the total network staked tokens to go offline, an amount approximately 20 million SOL short of the one-third threshold that triggers the network to halt finality. Approximately 90 validator nodes were affected, resulting in a combined loss of 333 SOL in rewards. About 10 minutes after the failure occurred, Teraswitch resolved the routing issue, and the network restored normal traffic at 4:16 UTC. Major affected validator nodes (including Helius) remained offline for approximately 33 minutes as the backup system failed to switch over automatically.