SOL value drops as Solana’s mainnet beta faces extreme outage.
The Solana blockchain community has resumed after experiencing a five-hour outage early Tuesday morning.
“Block manufacturing for the Solana mainnet beta resumed at 14:57 UTC following a profitable improve to v1.17.20 and a cluster restart by a validator operator,” the Solana group stated on X. “The outage was roughly 14:57 UTC. Begins at 09:53 commonplace time and lasts for five hours.”
The outage was the fifth longest within the community’s historical past and the eleventh time up to now two years that efficiency has been diminished.
SOL fell greater than 3% in the course of the outage.
Solana’s engineering group stated in a put up on X that the group has ready a brand new model of the validator software program that features a patch to appropriate the difficulty. Validator operators are suggested to improve and restart the community.
Solana has confronted intermittent outages up to now. The collection of outages raised considerations amongst customers and buyers concerning the reliability of Solana’s community.
The outage comes amid renewed optimism concerning the Solana community following the autumn final yr of FTX founder Sam Bankman-Fried, who had been a vocal supporter of the ecosystem. SOL has surged over 600% for the reason that FTX crash.
Solana’s group stated a root trigger report is being developed by X core contributors and “might be out there upon completion.”
[ CORRECTED on Feb. 2 to reflect Solana had degraded performance, not outages, 11 times in the past two years ]
