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Solana network faces degraded performance for the second time this week -Breaking

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Blockchain has experienced its second network performance decline incidentThis week. Solana claims this is due to an increase in high computation transactions.

The network’s capacity was reduced from 50,000 transactions per seconds (TPS) to several thousand. Solana stated that this was the main reason users had failed transactions, and said that the network’s developers were already fixing the problem.