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Is Solana Network Down? SOL Price To Affect?

1 month ago
in Altcoin News, CoinGape, Crypto News, News, Solana (SOL), Solana All-time high, Solana Network, Solana Price
Reading Time: 1 min read
Is Solana Network Down? SOL Price To Affect?

Solana Price News: Solana Network reportedly registered a halt on Saturday as infrastructure operators to check on the troubled blockchain. Users encountered some tech issues as they found it challenging to trade digital assets on chain.

As per SolBlaze, a staking pool built on Solana, the struggling blockchain didn’t go down. However, there is a big forking event scheduled on Mainnet-beta. This has caused validators to slow down as they attempt to resolve forks.

It added that the Network is moving moderately and confirming blocks at 16 TPS. While validator operators and Solana engineers are trying to identify the root cause. However, the main cause is still not identified yet some potential fixes are being done.

The post Is Solana Network Down? SOL Price To Affect? appeared first on CoinGape.

This article is added for educational purpose only. All credit goes to the respected author of this article. All In One Crypto App do not hold any liabilities of this article. You can get the source link at the end of the article content.

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