Solana Network Issues

The Solana blockchain preferred blockchain cryptocurrencies for decentralized marketplaces, and apps will reinforce the network after a major outage. The network is promising to implement more protective steps. The Solana blockchain network went offline on Tuesday due to transaction overload. However, the team managed to get things in action quickly. The price of its crypto token eventually recovered. A “detailed post-mortem” analysis will be issued in the coming weeks, according to the @SolanaStatus Twitter account, after the network suffered an outage of more than 17 hours.…

Solana is currently experiencing a downward price trend. At press time, the crypto is selling at $157.73, facing a 4.8% loss within a day. The Solana Price dip came a week later when the coin's value made its way to the $200 mark. As per a tweet from Solana, the network has an overload that is encouraging denial of service. A Network Exhaustion on Solana Solana functions as a blockchain network enabling developers to build decentralized applications. The open-source protocol extends…

Solana Faces Intermittent Instability as its user's complaints show that transaction blocks are not processing on the network. The last transaction block recorded was 5 hours ago, based on SolScan and Solana Beach block explorers. The project is a platform for dApps created in Solana Labs based in San Francisco. High scalability and low transaction fees are the most attractive features of the project. Addressing the Technical Issue Solana Foundation has confirmed the claims on Twitter. The message reads that Solana mainnet-beta…