Solana has been subject to performance issues since December, with more problems hitting the blockchain network on January the 6th.
Multiple Solana users speculated that the performance issues, that went on since January 4th, were the result of a DDoS attack, possibly even contributing to the recent drop in the price of SOL.
However, Anatoly Yakovenko, co-founder of Solana, ensured that the performance issues were coming from the inside of the network, stating it wasn’t "a ddos, just pain of getting a new runtime commercialized."
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On the other hand, in early December, Solana had experienced a DDoS attack which raised a lot of eyebrows from the community. Therefore, it's only fair that users are concerned about the safety of using the Solana network.
Meanwhile, on January the 6th, the @SolanaStatus Twitter account reported that the network had experienced performance issues due to the number of incoming transactions, and Solana not being able to process all user requests.
In accordance with previous network issues that happened in the span of a few months, Solana has not been able to keep up with its transaction-per-second rate, which the creators say to be 50K TPS. This led to the network minimizing the rate to only a couple of thousand transactions per second.
Solana’s track record of performance issues hasn’t been taken well by the community, and crypto experts like Justin Bons, who is the founder of Cyber Capital, opted not to support Solana, because "there are far too many red flags."
At the time of writing this article, Solana’s network status is experiencing degraded performance in the Mainnet Beta cluster. The price of SOL is at $139.56, with a 5.78% drop in the past 24 hours.
