Solana resumes after nearly five-hour outage, reason under investigation, SOL has recovered
In the early years, Solana, often mocked as "Crashlana," has risen from last year's lows to become the fifth largest cryptocurrency by market value. However, on the evening of 2/6, there was a nearly five-hour outage. After undergoing validator software updates, it has since returned to normal.
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Previously mocked as "Crashlana," Solana has rebounded from last year's lows to become the fifth largest cryptocurrency by market capitalization. However, on the evening of 2/6, it experienced a nearly five-hour outage, which has since been resolved after undergoing validator software updates.
According to Solana's official statement, they will release an investigation report after understanding the root cause. Link to the statement
Based on historical data, the last similar outage of Solana occurred in February 2023, almost a year ago:
The price of SOL token started to decline around 6 p.m. on 2/6 due to the outage but quickly recovered to pre-outage levels:
This recent outage of Solana has once again sparked mockery from many netizens, serving as prime advertising time for supporters of other public chains:
live footage of every solana outage pic.twitter.com/2EsQLfZJph
— J5 (@j5trades) February 6, 2024
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