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Solana Stays Robust During Market Crash, Unlike TradFi Platforms

Aug 07, 2024 pm 12:52 PM
solana Market Crash Banking Giants

The recent market crash, which saw Bitcoin drop below $50,000, has created a frenzy of activity in both crypto markets and traditional financial

Solana Stays Robust During Market Crash, Unlike TradFi Platforms

The recent market crash, which saw Bitcoin (BTC) drop below $50,000, created a frenzy of activity in both crypto markets and traditional financial (TradFi) institutions. At the same time, major banks like Schwab and Fidelity saw their services crash.

Major financial panic sent the markets in disarray. On Monday, August 5, a major sell-off in Japan saw the Nikkei index drop 20% from its all-time high on July 11. The crypto market reacted similarly, shedding 18% of its overall market cap, with Bitcoin dropping to $50,000.

資産価格の下落は、トレーダーがポジションをカバーしたり、他の人より先に売ろうと先を争ったりして、仮想通貨市場と株式市場の両方で取引活動の急増をもたらしました。 Charles Schwab、Fidelity Investments、Citi、Robinhood などの主要な TradFi プラットフォームにとって、アクティビティの流入は多すぎることが判明し、いずれもオンライン サービスでダウンタイムが発生しました。

同時に、ソラナ(SOL)を含む主要なブロックチェーンネットワークは、取引量の突然の増加にもかかわらず堅調なままでした。 Solana は過去に何度か停止を経験しているため、これは特に注目に値します。

Solana は近年、数回の大規模な停止に直面しており、信頼性に影響を与えています。注目すべきインシデントには、ジャストインタイム (JIT) コンパイル キャッシュのバグによって引き起こされた 2024 年 2 月の機能停止が含まれます。これにより無限ループが発生し、ネットワーク操作が 5 時間近く停止しました。

2022 年 10 月、ノードの構成が間違っていたため、Solana のコンセンサス メカニズムに問題が発生し、再び長時間のダウンタイムが発生しました。同様に、2021 年 9 月の DeFi プロトコルの立ち上げ時のトランザクション量の急増によりネットワークが圧倒され、17 時間の停止につながりました。

これらの問題の根底にあるのは、スパムやボットの取引、ミームコイン取引、DeFi アプリケーションによって引き起こされるネットワーク トラフィックの大幅な増加ですが、TradFi にとっては問題ではありません。ネットワークに対する継続的な圧力により、Solana チームはネットワークの耐性を高める多数のアップグレードを実装しました。

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