Share this article

Solana Devs Call 'All Hands on Deck' as Unknown Bug Stops Block Production

Solana, a proof-of-stake (PoS) blockchain championed by FTX CEO Sam Bankman-Fried, is "stuck" due to an unknown issue.

Updated Sep 14, 2021, 10:38 a.m. Published Dec 4, 2020, 6:42 p.m.
markus-spiske-PsRUMc7vilg-unsplash

Update (Dec. 4, 19:45 UTC): Network validators have successfully restarted the Solana blockchain, according to the team.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the The Protocol Newsletter today. See all newsletters

Solana, a proof-of-stake (PoS) blockchain championed by FTX CEO Sam Bankman-Fried, is "stuck" due to an unknown issue, according to the project's GitHub.

  • "At approximately 1:46pm UTC on December 5th, 2020, the Solana Mainnet Beta cluster stopped producing blocks at slot 53,180,900, which prevented any new transactions from being confirmed," a Solana Medium post reads. "The Solana team is actively working with the validator community to restart the network."
  • Anatoly Yakovenko, co-founder of Solana, has called for "all hands on deck," referring to the network validators who process transactions.
  • The Solana blockchain explorer confirms no blocks are currently being produced.
  • Yakovenko did not return questions for comment by press time.

This is a developing story.

More For You

KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

16:9 Image

KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

More For You

Solana’s new phase is ‘much more about finance,’ says Backpack CEO Armani Ferrante

Backpack CEO Armani Ferrante (CoinDesk)

The Solana ecosystem has spent the past year doubling down on a financial infrastructure, Backpack CEO Armani Ferrante told CoinDesk.

What to know:

  • Solana’s latest phase looks a lot less flashy than its memecoin-fueled highs, and that may be the goal.
  • Armani Ferrante, CEO of crypto exchange Backpack, told CoinDesk in an interview the Solana ecosystem has spent the past year doubling down on a more sober focus: financial infrastructure. A
  • fter years of experimentation as the wider crypto industry focused on NFTs, games and social tokens, attention is now shifting back toward decentralized finance, trading and payments.