Early Wednesday, a significant portion of staked Solana went delinquent, according to data from staking protocol Marinade Finance. The protocol reported that 28.83% of staked SOL was delinquent, affecting 90 validators and costing them a combined 333 SOL in rewards. The figure is close to a finality halt, a threshold that could disrupt the network's ability to finalize transactions.
The Numbers Behind the Delinquency
Marinade Finance, a staking protocol on Solana, reported that 28.83% of staked SOL went delinquent. That's a large share of the network's staked supply. The delinquency affected 90 validators, meaning nearly a tenth of the network's validators were involved. The exact number of validators on Solana isn't specified in the report, but 90 is a significant count.
The episode occurred early Wednesday, and the data was reported by Marinade Finance. The report did not specify the total number of validators on the network, but the 90 affected validators represent a substantial portion of the staking ecosystem.
Rewards Lost
The affected validators lost a combined 333 SOL in rewards. That's a substantial amount, though the report didn't break down how the losses were distributed among the 90 validators. The loss of rewards is a direct financial hit for the validators, who rely on staking income to cover their operational costs.
The report also didn't specify how long the validators were delinquent or when they might return to good standing. The lack of detail leaves open questions about the health of the Solana network and whether similar incidents could occur again.
What the Report Didn't Say
The report from Marinade Finance did not include a reason for the delinquency. It also didn't specify how long the validators were delinquent or when they might return to good standing. The lack of detail leaves open questions about the health of the Solana network and whether similar incidents could occur again.
The affected validators lost a combined 333 SOL in rewards, and it's unclear if they will be able to recover them. The report from Marinade Finance is the only public data on the incident so far, and it doesn't offer a timeline for resolution.
