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CDS Crypto News Major Solana Outage: Engineers Trying to Repair Outage

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Major Solana Outage: Engineers Trying to Repair Outage

The SOL price also fell after the major Solana outage.

lectertodd06/02/20241 Mins read420

Major Solana Outage: Engineers Trying To Repair Outage

Crypto News – Tuesday saw a significant outage in Solana, according to the network’s system status page.

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Major Solana Outage: Engineers Trying to Repair Outage

Solana Mainnet-Beta is experiencing a performance degradation, block progression is currently halted, core engineers & validators are actively investigating,
Laine, a Solana validator

Laine stated in a follow-up post that validators were getting ready for a restart by starting to create snapshots using their local ledger state, or the most recent data prior to the outage.

A status handle operated by the network maintenance company Solana Foundation stated that the updated validator software release has a patch to fix a problem that resulted in the cluster stopping.

Validator operators should prepare for an upgrade and restart of the network,
Solana

Solana Price Drops After Outage

The Solana blockchain trackers’ data indicates that blocks appear to have been processed last at 10:22 UTC. Solana’s SOL tokens dropped more than 3.75% to $94.27 at the time of writing following the release of the information. The Solana network went down for about two days in April 2023.

Sources:coindesk

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