News with the tag "Solana Outage"

Solana (SOL), a blockchain project renowned for its speed and scalability, recently faced a notable outage. It prompted significant scrutiny and discussion within the crypto community as some shifted to Ethereum, Solana’s eternal rival. In a recent statement, Austin Federa, Head of Strategy at the S...

Solana (SOL), a blockchain project renowned for its speed and scalability, recently faced a notable outage. It prompted significant scrutiny and discussion within the crypto community as some shifted to Ethereum, Solana’s eternal rival. In a recent statement, Austin Federa, Head of Strategy at the S...

Phantom Wallet, the dominant Web3 wallet in the Solana ecosystem is reportedly down, another case of outage rocking the Proof-of-Stake (PoS) layer-1 blockchain network in recent times. Phantom Wallet Outage: What We Know According to the accounts from members of the Solana and Phantom Wallet communi...

With the recurrent Solana outage that has plagued the Layer-1 blockchain over the past year, the Solana Foundation has attempted to devise a lasting solution to the disruption. Solana Outages Becoming Frequent Several components of the Solana ecosystem have been challenged recently due to the high v...

In a concerning turn of events, the Avalanche (AVAX) cryptocurrency witnessed a significant platform outage, leading to a drop in AVAX price. Now, the market participants are growing increasingly wary as the platform grapples with issues related to block finalization, leaving many to speculate on th...

Solana has been on the investors’ radar lately, amid a surge in the SOL price despite a recent outage. Meanwhile, the Solana (SOL) crypto has shown resilience, experiencing a surge in price and crossing the $106 mark, which has caught the attention of investors. Notably, with SOL now trading above $...

The unprecedented Solana outage experienced earlier this month got tongues wagging as it seemed to derail the growth recorded by the protocol thus far. The Solana Outage lasted for 5 hours as several engineers worked on finding the root cause of the problem and perhaps solving it permanently. Solana...

Solana has been on the investors’ radar lately, amid a surge in the SOL price despite a recent outage. Meanwhile, the Solana (SOL) crypto has shown resilience, experiencing a surge in price and crossing the $106 mark, which has caught the attention of investors. Notably, with SOL now trading above $...

On Tuesday, the Solana blockchain experienced a major outage that stopped the network’s mainnet operations for approximately 5 hours. The outage raised concerns about the blockchain’s stability and security as the incident became the 11th of the kind in the last 2 years. Related Reading: Forget Bitc...

On Tuesday, February 6, the Solana blockchain network experienced a significant outage lasting nearly 5 hours, rendering the platform dysfunctional. While the issue has since been resolved, Matthew Sigel, head of digital assets at VanEck, provides insights into the root causes behind the outage. BFP...