“Massive” failure of Solana network, SOL down 2%

Trading activity on the increasingly popular Solana network has suffered a “massive outage” due to “degraded performance,” network validators confirmed on February 6.
“Solana mainnet beta is experiencing performance degradation and block progress is currently halted while core engineers and validators are actively investigating,” Solana validator Laine said. As stated in X’s post.
The error is also reflected on the network system status page.
According to data from Solana Blockchain Tracker, the block was last processed at 9:52 AM Coordinated Universal Time (UTC). As of this writing, Solana (SOL) is trading at around $94, down more than 2% since the news broke.
The outage comes nearly a year after the Solana network went down for nearly two days in April 2023.
｜Translation: CoinDesk JAPAN ｜Editor: Toshihiko Inoue ｜Image: Danny Nelson ｜Original article: Solana Network goes down briefly, SOL falls 2%

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SOL falls 2% after “massive” failure of Solana network | CoinDesk JAPAN appeared first on Our Bitcoin News.