Reliably unreliable: Solana price dives after latest network outage

Cointelegraph

Published Jun 01, 2022 09:42PM ET

Updated Jun 02, 2022 11:20PM ET

The Solana network is not having a good year, having suffered full or partial outages at least seven separate times over the past 12 months.

A bug has knocked the Solana blockchain offline again as block production halted at 16:55 UTC on Wednesday. This latest outage lasted around four and a half hours as validator operators managed to restart the mainnet at around 21:00 UTC, according to the incident report.

SOL/USD 24 hours. Source: CoinGecko

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