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Solana Network Suffers ‘Major’ Outage, SOL Slips 2% - BSCDesk : Binance Smart Chain and Crypto News

Solana Network Suffers ‘Major’ Outage, SOL Slips 2%

Solana suffered a “major outage” on Tuesday, the network’s system status page shows.

“Solana Mainnet-Beta is experiencing a performance degradation, block progression is currently halted, core engineers & validators are actively investigating,” said Laine, a Solana validator, in an X post.

Blocks seem to have last processed at 09:52 UTC, data from Solana blockchain trackers show. At the time of writing, Solana’s SOL tokens fell over 2% to $94 after the news came out.

The halt comes nearly a year after the Solana network for down for almost two days in April 2023.

UPDATE (Feb. 6, 10:46 UTC): Updates with SOL price and system status page.

Edited by Parikshit Mishra.

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