Complete Obituary Timeline
Every notable Solana death declaration since 2020, archived with quotes, dates, and sources.
102 obituaries archived · Database updated Mar 25, 2026
SOL spot price: live levels vs. year-ago highs
“SOL traded near ~$91–$92 with daily moves tracked against a backdrop of weaker YoY performance versus prior-cycle highs.”
Economic Times
Markets Desk
Bonk.fun breach adds to Solana memecoin ecosystem jitters
“Analysts tied the Bonk.fun incident to broader liquidity and trust concerns across Solana launchpads after a wave of security incidents.”
Ainvest
Markets & Crypto News
Bonk.fun hack: wallet drainer hits Solana memecoin front-end
“Bonk.fun's site was compromised with a phishing flow; users who signed malicious prompts risked drained wallets — another front-end hit to Solana's meme stack.”
Crypto Times
Crypto News
Bonk.fun domain breach: malicious code on official site
“Hackers breached Bonk.fun's web stack and deployed a wallet drainer, renewing warnings about front-end risk across Solana memecoin venues.”
GetBlock
Blockchain Infrastructure News
SOL slides toward $100 as year-long drawdown deepens
“SOL traded near multi-month lows below the $100 mark as broader selling and weak sentiment weighed on the token.”
AMBCrypto
Crypto News
The 'Solana killer' flaw: network could halt again, critics warn
“Coverage in early 2026 argued unresolved design and client risks mean Solana could still face consensus halts under stress — echoing past outages.”
AMBCrypto
Crypto News
Validators throw in the towel: Solana's silent crisis
“Reports highlighted a steep drop in active validators and a weaker Nakamoto coefficient — small operators struggling as costs and competition bite.”
Cointribune
Crypto Media
Solana urgent patch: critics say halt risk was far too real
“Solana shipped an urgent validator patch addressing critical flaws in gossip and vote handling that, researchers argued, could have stalled consensus.”
CoinCentral
Crypto News
Three Solana-based platforms close after $27M treasury breach
“A Step Finance treasury hack drained roughly 261,854 SOL; several Solana projects shut down as confidence in the ecosystem frayed.”
Analytics Insight
Tech & Crypto Publication
January's $370M theft: a liquidity drain on Solana
“January 2026 saw an estimated $370.3 million stolen from Solana users via phishing and social engineering — a sharp jump versus the prior month.”
Ainvest
Markets & Crypto News
Pump.fun generated $850M in fees from worthless tokens
“Pump.fun generated over $850 million in fee revenue by charging 1% on all transactions — profiting from tokens that were 98.6% fraudulent.”
The Block
Crypto News Platform
98.6% of Pump.fun tokens collapsed — $4-5.5B in retail losses
“98.6% of 7+ million tokens launched on Pump.fun collapsed into worthless projects. Retail investor losses estimated at $4-5.5 billion.”
Crypto Valley Journal
Crypto Publication
Solana founders named in $500M 'Crypto Crime Cartel' lawsuit
“The expanded RICO lawsuit names Solana co-founders Anatoly Yakovenko and Raj Gokal as defendants in a $500M 'Crypto Crime Cartel' operation.”
MEXC Blog
Crypto Exchange
$5.5B RICO lawsuit: Pump.fun and Solana accused of running illegal casino
“Pump.fun is merely the front-facing slot machine cabinet. Solana Labs, Foundation, and co-founders named as defendants in RICO action.”
Class Action Filing
U.S. District Court, SDNY
Complete history of Solana outages — the pattern never ends
“A comprehensive look at every Solana outage since inception reveals a pattern of systemic fragility that has never been resolved.”
Crypto Times
Crypto Publication
Pump.fun daily volume down 70% — the party is over
“Pump.fun's daily volume has collapsed 70%. The memecoin factory that powered Solana's resurgence is dying. What comes next?”
Fortune
Business Publication
SOL down 58% from January peak of $294
“SOL has plummeted 58% from its $294 peak. The memecoin narrative that fueled the rally has completely evaporated.”
Cointelegraph Magazine
Crypto Publication
Solana subsidizing validators at $228M/month with only $39M in fees
“The network subsidizes validators at $228 million monthly despite generating only $39.25 million in fees. This is unsustainable.”
Cointelegraph Magazine
Crypto Publication
Solana revenue down 93% from January peak
“Revenue down 93%. Transaction fees down 83%. Daily active addresses halved from 6.4M to 2.8M. The ecosystem is collapsing in real time.”
Cointelegraph Magazine
Crypto Publication
Solana drops 50% — 'The casino is collapsing'
“Solana has dropped 50% over five weeks. The casino is collapsing. Owning the casino only works if the casino doesn't destroy itself.”
Travis Kling
CIO, Ikigai Asset Management
Is it the end of the road for Solana?
“SOL is down 34% in 30 days. FTX estate unlocking 11.2M SOL. Multiple memecoin scandals. Is this the end of the road?”
The Motley Fool
Investment Publication
Solana hits 5-month low as memecoin traders flee
“SOL plummeted to a five-month low. Pump.fun daily launches fell from 71,000 to 26,000. The current phase of memecoin trading on Solana is over.”
Fortune
Business Publication
LIBRA apparent rug pull hurting SOL price
“SOL fell 8.6% in 24 hours and 22% in seven days after the LIBRA crash. The memecoin thesis for Solana is unraveling.”
CoinDesk
Crypto News Platform
LIBRA 'sordid episode' emerges from Solana's memecoin complex
“Argentina's LIBRA rug pull is the latest sordid episode emerging from Solana's memecoin complex. The fallout could reduce demand for SOL.”
Galaxy Research
Digital Asset Research
LIBRA token endorsed by Argentine president — $4.4B wiped out
“The LIBRA token surged to $5B market cap then crashed 94%. Argentine president Milei faces impeachment. This is the largest rug pull in crypto history.”
Fortune
Business Publication
TRUMP and MELANIA coins rug retail investors on Solana
“Insiders engaged in extensive selling during the TRUMP token run-up. Retail investors who bought in faced massive disadvantages.”
The Motley Fool
Investment Publication
TRUMP memecoin mania — Solana becomes a political grift platform
“TRUMP token hit $75B fully diluted valuation on Solana. Insiders dumped on retail. This isn't DeFi — it's organized extraction.”
Galaxy Research
Digital Asset Research
Solana memecoin ecosystem is extractive and embarrassing
“The memecoin ecosystem is extractive, pointless, nihilistic, and embarrassing. It is not a sustainable foundation for a blockchain.”
Travis Kling
CIO, Ikigai Asset Management
Solana's success built on a fentanyl-laced casino
“Solana is like a fentanyl-laced casino. The investment thesis of 'own the casino' only works if the casino doesn't destroy itself.”
Travis Kling
CIO, Ikigai Asset Management
Solana validator cartel front-running users via MEV
“Validators coordinating to front-run transactions and extract MEV. This is exactly what decentralization is supposed to prevent.”
Justin Bons
Founder & CIO, Cyber Capital
Solana is a memecoin launchpad, not a blockchain
“I challenge anyone to name a significant real-world application running on Solana that isn't a casino, a meme, or a rug pull.”
Vitalik Buterin
Co-founder, Ethereum
93% of Raydium liquidity pools are rug pulls
“93% of liquidity pools on Raydium exhibit pump-and-dump or rug pull characteristics. The entire Solana DEX ecosystem is a minefield.”
Solidus Labs
Crypto Compliance Firm
98.6% of tokens on Pump.fun collapsed to zero
“98.6% of the 7+ million tokens launched on Pump.fun collapsed into worthless projects. Solana has become infrastructure for fraud.”
Solidus Labs
Crypto Compliance Firm
Solana's inflation rate silently destroys holders
“Solana's 6-8% inflation is a hidden tax. Unless you're staking, you're being diluted. Tokenomics designed to benefit insiders.”
Jacob King
Crypto Analyst
Pump.fun exploited — bonding curve contracts hacked
“Solana's meme coin factory Pump.fun was compromised by a bonding curve exploit. Trading paused. The memecoin infrastructure isn't even secure.”
CoinDesk
Crypto News Platform
Solana's recovery is entirely speculation, not adoption
“Daily active addresses that aren't bots or memecoin traders are flat since 2021. The price recovered but actual usage didn't. Zombie chain.”
Justin Bons
Founder & CIO, Cyber Capital
Solana's cheap fees are a curse — network overrun by bots
“Solana's low fees became a liability. Bots flooded the network. Transaction failures soared. The fee model is broken.”
Blockworks
Crypto Media
76.8% of Solana transactions fail during congestion
“On April 4th, approximately 76.8% of non-vote transactions failed to execute. Automated bots accounted for 55% of all swaps.”
Currency Analytics
Crypto Analytics
Solana validator economics don't work
“Validator infrastructure costs are enormous. Economics only work while SOL is expensive. When price falls, validators leave — a doom loop.”
Vitalik Buterin
Co-founder, Ethereum
Solana congested and unusable during memecoin mania
“Users paying hundreds in priority fees to get transactions through. This is exactly the scalability failure Solana was supposed to fix.”
Anthony Sassano
Host, The Daily Gwei
Solana's entire resurgence is built on memecoins
“Pump.fun, BONK, WIF — this is not a financial revolution. This is a casino with extra steps. When the casino closes, the chips are worthless.”
Peter Schiff
CEO, Euro Pacific Capital
Solana has gone down 10 times. Will it recover?
“The Solana network has gone down at least 10 times. Each time it recovers, but trust erodes. At some point you stop coming back.”
The Chainsaw
Crypto Publication
Network degradation — reliability remains a myth
“Network degradation again. 'Degradation' is a polite word for 'we can't handle the load.' Not ready for mainstream.”
Justin Bons
Founder & CIO, Cyber Capital
Is Solana dead? Bankless investigates
“SOL dropped from $35 to $11 — a 68.5% decline in weeks after FTX. Stakers fled. Projects left. The question 'Is Solana dead?' was never more relevant.”
Bankless
Web3 Media
Solana Foundation finally addresses 'the elephant in the room'
“The Solana Foundation remained quiet for days before denying SOL is a security. The hesitation spoke louder than any statement.”
Fortune
Business Publication
SEC names SOL in Coinbase lawsuit too
“The SEC classified 13 crypto assets as securities including Solana in its lawsuit against Coinbase. This is existential for SOL.”
Reuters
Global News Agency
SEC classifies SOL as a security in Binance lawsuit
“The SEC alleged SOL was offered and sold as an unregistered security. SOL dropped 6% within an hour of the announcement.”
SEC
U.S. Securities and Exchange Commission
Token unlocks will destroy SOL price
“Hundreds of millions of insider SOL tokens unlock this year. When insiders exit, retail bag holders eat the loss.”
Jacob King
Crypto Analyst
Solana's TPS is fake and massively inflated
“Solana counts consensus coordination messages as transactions, inflating TPS by approximately 100x. The real throughput is a fraction of what they claim.”
Justin Bons
Founder & CIO, Cyber Capital
A Solana Critique: Lies, Fraud & Dangerous Trade-Offs
“Solana went down at least nine times in 2022. The TPS is massively inflated by 100x. 70% of TVL is fake. The initial token supply was fraudulent.”
Justin Bons
Founder & CIO, Cyber Capital
Every Solana outage is a gift to competitors
“Avalanche, Ethereum, and BNB have quietly been building while Solana keeps going offline. Each outage is free advertising for the competition.”
Emin Gün Sirer
Founder, Avalanche
Solana network down 18 hours — again
“18 hours of downtime in 2023 is inexcusable. Solana has had more outages than a mid-2000s webhost.”
Justin Bons
Founder & CIO, Cyber Capital
Solana is the WeWork of blockchains
“Like WeWork, Solana had a visionary pitch, insane VC backing, and growth metrics that looked great until you asked basic questions.”
Nouriel Roubini
Economist, NYU Stern / 'Dr. Doom'
Solana Foundation begging developers to stay
“When a blockchain runs emergency grants to keep developers, it's not strength — it's triage. Solana is in hospice care.”
Anthony Sassano
Host, The Daily Gwei
Why Solana was decimated by Bankman-Fried's downfall
“SBF bankrolled Solana's ecosystem, funded projects, and was its biggest cheerleader. Without him, what is Solana?”
CoinDesk
Crypto News Platform
Solana crypto token loses most of its value in 2022
“SOL lost 94% of its value in 2022. The FTX collapse weighs heavily. The Solana Foundation held $190M in FTX assets — now worthless.”
Reuters
Global News Agency
Solana's Saga phone is DOA — nobody wants it
“Solana launched a $1,000 phone that nobody wants. The Saga is a solution looking for a problem. Hardware is not going to save a dying blockchain.”
The Chainsaw
Crypto Publication
Solana ranks 9th in GitHub dev activity — falling fast
“By early December, Solana ranked only ninth in GitHub development activity. The developer exodus is real and accelerating.”
U.Today
Crypto Publication
Solana DeFi TVL plummets from 68M to 24M SOL
“SOL deposited in DeFi fell from 68.2M to 24.7M. Capital is fleeing the network at unprecedented speed.”
Reuters
Global News Agency
54.6 million SOL unstaked in panic — network security at risk
“Mass unstaking of 54.6M SOL in nine epochs. Total staked SOL fell 13.2%. When stakers flee, the network becomes vulnerable.”
Bankless
Web3 Media
Is Solana dead? Top projects flee the blockchain
“Solana's market cap fell 94.2% in 2022 — from $54.5B to $4.4B. The rise of Layer 2 solutions undermines Solana's core proposition of speed and low fees.”
CoinJournal
Crypto Publication
Is Solana being abandoned by its developers?
“Active developers on Solana decreased by over 90% in 2022. Approximately 2,425 developers have left the ecosystem.”
U.Today
Crypto Publication
SOL crashes to $11 — 96% from ATH
“Solana is effectively a failed experiment. The infrastructure was built on VC money and FTX hype. When the music stopped, there was nothing.”
Peter Schiff
CEO, Euro Pacific Capital
So long, Solana? Ether rival clobbered by FTX crash
“SOL dropped 53.8% in weeks, underperforming Bitcoin (19%) and Ethereum (20%). Solana's ties to FTX are an existential crisis.”
Reuters
Global News Agency
FTX collapse is a death blow for Solana
“FTX and Alameda owned hundreds of millions in SOL. Solana was SBF's personal chain. Now it dies with him.”
Reuters
Global News Agency
Solana has far too many red flags
“Between the token supply fraud, the outages, the centralization, and the VC dependency — Solana has far too many red flags for any serious investor.”
Justin Bons
Founder & CIO, Cyber Capital
Another network degradation event — reliability impossible
“Proof of History is interesting on paper but breaks in production. Solana's architecture cannot handle real load.”
Emin Gün Sirer
Founder, Avalanche
Solana blames wallet provider for its own ecosystem failure
“Solana and Phantom blame Slope for crypto wallet heist. But the ecosystem is Solana's responsibility. When wallets drain, the chain takes the blame.”
The Register
Technology Publication
Solana wallet hack traced to catastrophic security failure
“Private key material was inadvertently transmitted to an application monitoring service. 9,231 wallets compromised.”
The Verge
Technology Publication
Slope wallet hack drains 8,000 wallets — $8M stolen
“Thousands of Solana wallets drained in multimillion-dollar exploit. Slope stored seed phrases in plain text and sent them unencrypted.”
TechCrunch
Technology Publication
Solana's funding model is a VC Ponzi scheme
“Solana's VC funding gave it an unfair advantage — $314M from Andreessen Horowitz alone. But venture subsidies don't last forever. When the funding stops, reality hits.”
PYMNTS
Fintech Publication
Only one client for the entire Solana network
“Solana has a single client implementation. Ethereum has multiple. If Solana's one client has a bug, the entire network dies. This has already happened multiple times.”
CryptoBriefing
Research Publication
Solana's DeFi is a ghost town — TVL crashes from $10B to $1B
“TVL dropped from $10B to under $1B. All the projects that were 'coming to Solana' never launched or pivoted. The DeFi dream is dead.”
Anthony Sassano
Host, The Daily Gwei
Solana drops below $30 — down 88% from ATH
“SOL is down 88% from ATH. When an asset loses 88% it's not a correction — it's the market saying there was never real value.”
Peter Schiff
CEO, Euro Pacific Capital
4.5-hour mainnet outage — block production halted completely
“Block production halted. The network went dark. Validators had to manually restart. This is a routine event for Solana now.”
CoinDesk
Crypto News Platform
Solana's blockchain clock drifts 30 minutes behind reality
“Solana's internal clock is running 30 minutes behind real-world time. A blockchain that can't keep time correctly has no business processing financial transactions.”
The Block
Crypto News Platform
Luna collapse drags Solana's DeFi to the grave
“Solana's DeFi TVL cratered alongside Terra/Luna. There's no real utility here — just speculation on top of speculation.”
Nouriel Roubini
Economist, NYU Stern / 'Dr. Doom'
NFT minting bots crash Solana for 7 hours
“4 million transactions per second from NFT bots exceeded 100 Gbps. The network couldn't handle it and shut down completely.”
Helius
Solana Infrastructure Provider
90% of Solana validators subsidized by insiders
“Out of 1,997 validators, 1,818 received delegations from Solana Foundation and Alameda. If 90% of your validators are subsidized by insiders, you're not decentralized.”
Crypto News Flash
Crypto Publication
Wormhole hack exposes Solana's critical security flaws
“A single missing validation check compromised an entire bridging protocol. Solana's code quality is not production-ready.”
Kudelski Security
Cybersecurity Research
Wormhole bridge hack: $320M stolen via Solana vulnerability
“A bug in signature verification on Solana let attackers mint 120,000 ETH out of thin air. $320 million gone. This is what happens when you move fast and break things.”
Ars Technica
Technology Publication
Solana founder tweets 'lol' about network problems
“Once billed as a rising star in crypto, Solana's sixth outage this month — and founder's 'lol' tweet — frustrates traders.”
Taylor Locke
Reporter, Fortune
29-hour degraded performance from duplicate transactions
“29 hours of degraded performance. Users can't execute trades during a market crash. This is the opposite of what blockchain is supposed to do.”
Pumpening
Solana Tracking Site
58-hour partial outage hits Solana — 6th problem this month
“Solana's sixth outage in January alone. The founder tweeted 'lol' about it. This is not how you build financial infrastructure.”
Fortune
Business Publication
Solana down again — congestion causes mass transaction failures
“Solana is down again. At this point it's not a blockchain — it's a centralized service with extra steps.”
Justin Bons
Founder & CIO, Cyber Capital
Solana DDoS attack degrades network for 24 hours
“Solana suffers degraded performance from a DDoS attack for over 24 hours. A properly decentralized network wouldn't have this problem.”
Crypto Times
Crypto News Publication
Solana riding fake NFT hype with manufactured volume
“The NFT hype is manufactured. Same VCs who bought cheap tokens are talking up the ecosystem to dump on retail. Classic pump and dump.”
Coffeezilla
YouTube Investigator
48% of SOL tokens held by insiders — this is a VC pump
“Nearly half of all SOL tokens are in the hands of insiders and VCs. Retail investors are exit liquidity. This isn't a public blockchain — it's a VC token.”
Messari
Crypto Research Firm
Ethereum L2s make Solana obsolete
“Solana's only value proposition was speed and low fees. Arbitrum and Optimism now offer the same without the centralization trade-offs. Why would anyone choose Solana?”
Vitalik Buterin
Co-founder, Ethereum
Solana's outage is an existential design problem
“The September outage isn't a bug — it's a feature of Solana's architecture. They traded resilience for speed, and the chickens have come home to roost.”
Nic Carter
Partner, Castle Island Ventures
Solana mainnet goes completely offline for 17 hours
“The Solana network has been down for 17 hours. A blockchain that can't stay online is not a blockchain — it's a broken server.”
Frank Chaparro
Director, The Block
17-hour outage proves Solana was never decentralized
“If validators can coordinate to restart the whole network, they can coordinate to censor you. Solana is a permissioned database masquerading as public infrastructure.”
Anthony Sassano
Host, The Daily Gwei
Solana goes down for 35 minutes — partial outage
“The network experienced a partial outage. This is exactly the kind of reliability issue that makes enterprises avoid crypto.”
Larry Cermak
VP of Research, The Block
Running a Solana validator requires a small fortune
“Solana's hardware requirements make it one of the most centralized PoS chains. Validators need $6M+ to operate profitably. This isn't decentralization.”
Justin Bons
Founder & CIO, Cyber Capital
Solana crashes with the rest of the Ponzi market
“Solana crashes are painful reminders that these assets have no fundamental value. They're lottery tickets dressed up as technology.”
Peter Schiff
CEO, Euro Pacific Capital
Solana's TPS claims are completely fake
“Solana counts validator consensus votes as transactions. Their real throughput is a fraction of the advertised 50,000 TPS. It's dishonest marketing.”
Hasu
Crypto Researcher, Uncommon Core
Solana sacrifices everything that makes blockchain useful
“Solana sacrifices everything that makes blockchain useful — decentralization and censorship resistance — just to achieve raw speed. What's the point of a fast centralized database?”
Ryan Sean Adams
Co-founder, Bankless
Nobody is building on Solana
“Zero real DApps, zero real users. The TVL is a joke. The entire Solana ecosystem is VCs talking to VCs.”
Chris Burniske
Partner, Placeholder VC
Solana is just fast database masquerading as a blockchain
“If you need 128GB RAM and 16-core CPUs to run a validator, you don't have a decentralized network — you have a centralized database with extra steps.”
Muneeb Ali
Co-founder, Stacks/Blockstack
Another VC-funded blockchain that will die like all others
“How many more 'Ethereum killers' do we need? Solana is a VC exit liquidity scheme with no organic adoption. It'll be forgotten within two years.”
Udi Wertheimer
Bitcoin Maximalist & Developer
Solana hid 11M tokens from investors
“We did not disclose this information to the public, as well as the size and nature of the loan, during the CoinList auction and subsequent Binance listing.”
Anatoly Yakovenko
Co-founder, Solana (admission)
Solana's snowball of lies: hidden token supply exposed
“Solana claimed 8.2M circulating supply but concealed 13M+ tokens loaned to a market maker. The team lied, moderators denied it, and the community was deceived.”
Coinmonks
Crypto Research Publication
⚰️
102 death declarations archived. Solana is still alive.