Solana network faces degraded performance for the second time this week By Cointelegraph

Blockchain experienced a second deterioration in network performance incident this week. According to Solana, this is caused by the rise in arithmetic coefficients.

As a result, the network capacity, originally announced to be 50,000 transactions per second (TPS), has been reduced to several thousand TPS. Solana cited this as the reason users experienced failed transactions and added that its developers are already working on the issues.