This year, Solana is celebrating a year without a single outage, marking a significant milestone after long-standing reliability issues.
Solana's Past Challenges
Solana was known for frequent outages and block production halts, frequently receiving criticism. The last major disruption lasted 4 hours and 46 minutes, which is a significant period for a blockchain.
Achievements Over the Year
Despite past difficulties, Solana has seen significant growth over the past year. The total value locked (TVL) in the network increased by 548%, reaching $14.25 billion. According to Messari's data, total application revenue on Solana grew by 213% in Q4 2024, reaching $840 million.
Solana's Future
Solana has outpaced some of its biggest competitors in key metrics. Applications on the platform generate more revenue than the Real Economic Value. It is crucial to maintain this positive trajectory and shake off its old reputation.
A year without outages is a huge step forward for Solana, and if the platform continues in this direction, it can ultimately reshape its reputation in the crypto space.
