Discover the crypto universe in depth

Solana Experiences Major Outage: Block Progress Halted on Mainnet

Solana experiences major outage, halting block progress on mainnet

The Solana network experienced a major outage on Tuesday, as indicated by the network’s system status page. ‘Solana Mainnet-Beta is experiencing performance degradation, block progress is currently halted, and the core engineers and validators are actively investigating,’ said Laine, a Solana validator. Solana blockchain trackers show that the latest blocks appear to have been processed at 09:52 UTC.

The core engineers and validators of Solana are actively investigating the network’s performance degradation.

First Solana outage in nearly a year

The Solana network has experienced a ‘major outage’ this Tuesday, as stated by the network’s system status page. Solana Mainnet-Beta is experiencing performance degradation, and block progress is currently halted. Core engineers and validators are actively investigating the issue,’ stated Laine, a Solana validator. Solana blockchain trackers indicate that the latest blocks were seemingly processed at 09:52 UTC.

Impact on SOL’s value

Following this news, Solana’s SOL token experienced a slight decline in price, dropping over 2% to reach $94.

Previous outage context

This outage comes almost a year after the last Solana network outage that lasted nearly two days in April 2023.

Related Posts