Solana Crashes 5% to $93 as Team Confirms Another Network Outage
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- Solana sees a network outage, with no new transaction block in hours.
- Solana’s team has confirmed the network outage through an incident report.
- This marks the first since February 2023, during which a major outage lasted over 18 hours.
The Solana (SOL) blockchain has encountered an unexpected hiccup, with no new transaction block recorded on the network over the past hour. At press time, data from Solana Blockchain Explorer suggested the last registered transaction happened at block height 227218878 at 09:52:44 (UTC).
Prominent figures in the crypto community, including Chinese reporter Colin Wu, have called attention to the development in posts on X.
Meanwhile, the Solana development team has confirmed the network outage that caused block progression to halt. The team posted an incident report on Solana’s official website s…
The post Solana Crashes 5% to $93 as Team Confirms Another Network Outage appeared first on Coin Edition.
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