Solana

The Solana network, known for its high-speed transactions, encountered a brief outage on Tuesday, February 6th, 2024. Validators confirmed a “performance degradation” that led to a pause in block processing. 
Solana Mainnet-Beta is experiencing a performance degradation, block progression is currently halted, core engineers &amp; validators are actively investigating,” stated Laine, a validator for Solana, in an X post. 
The network’s <a href="https://status.solana.com/uptime" rel="nofollow noopener" target="_blank">system status</a> page updated to reflect this outage, indicating a pause in the blockchain’s operations. According to data from <a href="https://crypto.ro/en/cryptocurrencies/solana">Solana</a> blockchain trackers, blocks were last processed at 09:52 UTC. 
In response to this news, the value of Solana’s SOL tokens experienced a downturn, dropping over 4% to $92. 
<img loading="lazy" decoding="async" class="alignleft size-full wp-image-30082" src="https://crypto.ro/en/wp-content/uploads/2024/02/SOLUSDT_2024-02-06_13-00-54.png" alt="SOLUSDT 2024 02 06 13 00 54" width="1835" height="857" title="Solana experiences outage due to performance degradation 16" srcset="https://crypto.ro/en/wp-content/uploads/2024/02/SOLUSDT_2024-02-06_13-00-54.png 1200w, https://crypto.ro/en/wp-content/uploads/2024/02/SOLUSDT_2024-02-06_13-00-54-300x140.png 300w, https://crypto.ro/en/wp-content/uploads/2024/02/SOLUSDT_2024-02-06_13-00-54-1024x478.png 1024w, https://crypto.ro/en/wp-content/uploads/2024/02/SOLUSDT_2024-02-06_13-00-54-768x359.png 768w, https://crypto.ro/en/wp-content/uploads/2024/02/SOLUSDT_2024-02-06_13-00-54-750x350.png 750w, https://crypto.ro/en/wp-content/uploads/2024/02/SOLUSDT_2024-02-06_13-00-54-1140x532.png 1140w" sizes="(max-width: 1835px) 100vw, 1835px"> 
This incident marks almost a year since the Solana network last went down for nearly 18 hours in February 2023, underscoring the challenges faced by high-performance blockchain networks in maintaining consistent uptime. The core engineers and validators are currently working to resolve the issue and restore full functionality to the network.

Solana experiences outage due to performance degradation

crypto.ro global

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