Solana (SOL) Network Suffers Another Outage: What’s the Issue?
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- The latest outage on the Solana network lasted approximately 24 hours.
- Community members are expressing concern over the blockchain’s reliability and inherent design.
- The price of SOL has not declined dramatically in the wake of another significant network outage.
Despite implementing a series of upgrades to improve the network, the Solana (SOL) blockchain has suffered numerous prolonged outages.
On February 25th, 2023, the Solana Mainnet Beta suffered its latest performance degradation. The network outage caused transaction interferences resulting in the blockchain’s developer community opting for a network restart.
According to a report published by the Solana Foundation, the cause behind the “significant†degradation of performance remains unknown.
The latest outage...
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