Fidelity report finds Solana resilient but flags concentration in stake, hosting and clients

Solana has gone more than two years without a major mainnet outage, according to a new report from Fidelity’s Center for Applied Technology (FCAT). The report also points to the weak spots. A small group of validators, one hosting provider and two European cities hold an outsized share of the network’s stake. The report is titled “The State of Solana: Network Health and Resilience.” It was written by Mia Galvin and Kevin Kelly and published on October 16, 2026. The uptime case The headline figure is uptime. FCAT says Solana has not had a major mainnet outage since February 6, 2024. The report puts Solana’s vote success rate at approximately 99.7% in 2026. Validators vote to confirm blocks, so this measures how often those votes land. The network has also added capacity by shortening its slot times. Slots are the short windows in which validators produce blocks. Shorter slots let the chain handle more transactions, which matters as usage grows. Where the money is moving Tokenized real-world assets (RWAs) on Solana grew from about $1 billion to $4.4 billion year over year, according to FCAT. These are traditional assets, such as funds or debt, represented as tokens onchain. Stablecoi...