Solana Came Close to a Finality Halt When 28.83% of Stake Went Offline
A routing fault at Teraswitch's Miami site knocked 90 Solana validators and about 125 million SOL offline for 33 minutes, pushing delinquent stake to 28.83% against the 33.34% level where the network stops finalizing blocks. Marinade Finance's incident analysis found more than a quarter of all staked SOL concentrated on a single ASN, with 94% of it going dark at once.