The Solana mainnet has suffered a serious outage within the hours main as much as press time. The foundation reason behind the outage is at the moment unknown, though a number of customers have urged a successive spherical of 5 NFT mints had crashed the community.
Solana validators are at the moment coordinating a restart.
Block manufacturing on Solana Mainnet Beta has halted. Validator operators ought to put together for a restart in mb-validators on Discord. https://t.co/gRJJRqEMPn
— Solana Standing (@SolanaStatus) June 1, 2022
The newest downtime continues a interval of rising ache for the “beta” community, typically labeled by proponents as an “Ethereum killer.” Apparently, the community’s builders are struggling to maintain the community afloat, with the latest main outage solely courting again to April 30.
Solana (SOL) Drops 9% Amid Market Downturn
The worth of Solana’s native token, SOL, has suffered a 9% decline inside the previous 24 hours. Nonetheless, the worth motion is extra correlated with broader market efficiency, as a substitute of the present community points.
(Supply: Coingecko)
The worldwide crypto market has suffered an over 5% decline over the identical interval, with Bitcoin struggling to carry the $30,000 mark. Solana (SOL) is buying and selling at round $41, which is greater than 80% under its all-time excessive at $259 in November.
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