The crypto platform Solana (SOL) has yet to be talked about negatively. Indeed, very early this morning, the Solana Foundation announced via a tweet the fourth major blockchain outage since the beginning of this year. According to the announcement, the network was in the throes of a major outage, making any transactions impossible. In the process, the developers of the Solana ecosystem tried everything to make the network functional again.
Solana (SOL) suffers its fourth outage since January
Solana (SOL) has just experienced its fourth breakdown of the current year. It was on Twitter that the Solana Foundation announced it. One hour after the outage alert was issued, Solana Status came back to the charge. The platform has set up a document with the mention “Solana Mainnet-Beta Cluster Restart”, towards beta validators. The tweet urged the validators in question to follow all cluster restart instructions. However, despite Solana’s desire to quickly correct this hiccup, there was some resistance. Many validators were unable to follow restart instructions. Blame it on network connection difficulties.
Multiple validators, just like the game developer P2 Moo, confirmed on Twitter that the outage was still unresolved. In the aftermath, stakewizthe software and blockchain company, clarified that: “ a misconfigured node caused an unrecoverable partition in the network “.
Ethereum’s competitor falls back into his ways and loses big
Following the breakdown encountered by Solana, its price fell further. In 24 hours, its price fell by almost 3.3%, it had already regressed after The Merge. As a reminder, this is not the first time that Solana has experienced such a disappointment. Last month, many SOL holders were complaining about the gradual disappearance of their assets. After investigation, it turned out that this dysfunction was actually the work of a hacker. The executioner managed to steal tokens from millions of online wallets.
Solana’s multiple correction attempts do not reassure holders. Several of them have also shown their fed up on Twitter. Finally, after many attempts, everything was back to normal. It took almost 6 hours to network technicians to put everything back in order. Logically, this new incident will call into question the credibility of the Solana network.
While waiting for her update, Solana is still struggling to come up with a constructive solution. The company loses big once again with the fall in its value and its credibility with users.
Receive a digest of news in the world of cryptocurrencies by subscribing to our new service of
daily and weekly so you don’t miss any of the essential Tremplin.io!