DeFi· ★★★★· bearish·

Teraswitch routing failure knocks 29% of Solana stake offline

  • Validators with about 29% of stake went offline — 4–5% below the 33% finalization-halt threshold
  • Missed slots exceeded 32%, throughput fell below 300 tx/s versus the usual 1,100–1,300
  • The failure affected 12 Teraswitch sites in Europe and Asia-Pacific, traffic restored after 33 minutes
  • In 2025 Teraswitch hosted 38% of network stake, reduced below 30% before the incident
Why it matters: The incident exposed Solana's infrastructure concentration: a single provider's failure nearly halted finalization, raising risks for protocols dependent on fast settlement.
Source: CryptoSlate