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Solana Confirms Outage on Mainnet

Twitter icon  •  Published il y a 2 mois  •  Hassan Maishera

The Solana network has experienced another outage, its first one since February 2023 and the engineers are now preparing a validator software release to address the issue.

TL;DR

  • Solana has confirmed an outage on its mainnet.

  • The engineers are currently preparing a validator software release to address the issue. 

Solana Experiences Another Outage

Solana has confirmed an outage on its blockchain, with block progression now on hold. According to an incident report, the Solana team said,

"Engineers from across the ecosystem are investigating an outage on mainnet-beta.”

Blockchain software company and Solana validator Laine posted on X that,

“Solana mainnet-beta is experiencing a performance degradation, block progression is currently halted, core engineers and validators are actively investigating.”

The Solana team later revealed that engineers are already preparing a validator software release, including a patch to address the issue which caused the halt.

Solana later confirmed that engineers were readying a new validator software release. "Validator operators should prepare for an upgrade and restart of the network," the team added. 

This is Solana’s first network outage in 2024 and the first since February 2023. During its beta phase, Solana previously suffered a series of outages in 2022 as a result of node issues. 

SOL, Solana’s native coin, is down by more than 3% in the last 24 hours and is now trading at $94.880 per coin. 

 

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.