Fireblocks and Solana Exhibit Resilience Amid Record Crypto Liquidation
During the unprecedented crypto liquidation event on October 10, 2025, Fireblocks and Solana demonstrated exceptional resilience, according to Fireblocks. The event, which saw $19.5 billion liquidated across markets and a significant drop in total market cap, tested the limits of blockchain infrastructure.
Infrastructure Performance Under Pressure
Solana's blockchain managed to process 100,000 transactions per second (TPS) during the peak of the crisis, maintaining its 400-millisecond block times. This was six times the usual peak traffic, yet the network sustained 6,000 raw TPS without any payment interruptions, showcasing its robustness.
Fireblocks, a digital asset custody platform, reported a 200% increase in Solana traffic. Remarkably, the platform maintained a 100% transaction success rate, evidencing its capability to handle extreme market conditions without impacting customers.
Key Metrics and Improvements
Fireblocks achieved a 100% transaction landing rate, with all transactions succeeding on the first attempt despite the surge in activity. The broadcasting speed remained at 23 milliseconds, a significant improvement from earlier in the year. Additionally, the time to notify about completed transactions improved by three seconds since March 2025, maintaining a consistent two-second notification time throughout the event.
Transaction fees on Solana remained under a penny, even during the most congested periods. This contrasts sharply with other networks, where fees spiked dramatically, highlighting Solana's efficient architecture.
Redundancy and Reliability
Fireblocks' infrastructure, enhanced with multiple node providers and active-active routing, ensured continued service despite increased error rates among some node vendors. This setup allowed seamless transaction routing, ensuring no impact on transaction success rates.
The successful handling of the October 10th event was attributed to foundational improvements made by Fireblocks, including stake-weighted Quality of Service (QoS) and dynamic fee calculation, which optimized transaction speed and cost during congestion.
Implications for Enterprise Blockchain Adoption
The performance of Fireblocks and Solana during this crisis underscores their suitability for enterprise blockchain operations. Critical infrastructure proved capable of maintaining operational continuity, even under maximum stress, providing a compelling case for financial institutions considering blockchain adoption.
As the integration of blockchain into enterprise operations grows, the need for reliable, stress-tested infrastructure becomes paramount. The October event proved that Fireblocks and Solana can deliver the necessary resilience and efficiency, paving the way for broader enterprise adoption.