Solana Network Disruption: Devnet Down, But SOL Price Poised for ETF-Fueled Surge
- Solana Devnet experienced a temporary outage, expected to be resolved within an hour.
- The outage underscores the importance of maintaining robust infrastructure for the growing Solana ecosystem.
- GSR Markets forecasts significant price increases for Solana following potential ETF approval.
Solana’s Devnet, a crucial resource for developers working on the blockchain platform, experienced a temporary outage, as announced by Jacob Creech on X. The disruption, which is expected to be resolved shortly, highlights the importance of robust infrastructure for the rapidly growing Solana ecosystem.
As the network expands, ensuring the reliability and availability of development resources like Devnet becomes increasingly vital to support the growing community of developers and projects building on Solana.
Meanwhile, GSR Markets forecasted a substantial increase in Solana’s price following the potential approval of a spot Solana ETF in the United States. In an optimistic scenario, GSR Markets predicts a ninefold increase for Solana …
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