<\/p>\n
SOL price slid as Solana’s mainnet-beta faced major outage.<\/p>\n
The Solana blockchain network is back up after suffering five hours of downtime early Tuesday morning.<\/p>\n
“Block production on Solana mainnet beta resumed at 14:57 UTC, following a successful upgrade to v1.17.20 and a restart of the cluster by validator operators,” the Solana team said on X. “The outage began at approximately 09:53 UTC, lasting 5 hours.”<\/p>\n The outage ranks as the fifth longest in the network’s history and marks the eleventh in the past two years.<\/p>\n <\/p>\n SOL dropped more than 3% during the outage.<\/p>\n Solana’s engineering team prepared a new validator software release with a patch to rectify the problem, the team said in a post on X. Validator operators were advised to upgrade and restart the network.<\/p>\n Solana has faced intermittent outages in the past. This series of disruptions has raised concerns among users and investors about the reliability of the Solana network.<\/p>\n The downtime comes amid renewed optimism about the Solana network after the fall of FTX founder Sam Bankman-Fried last year, who had heavily backed the ecosystem. Since the crash of FTX, SOL has surged by more than 600%.<\/p>\n Solana’s team said via X core contributors are working on a root cause report, “which will be made available once complete.”<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" SOL price slid as Solana’s mainnet-beta faced major outage. The Solana blockchain network is back up after suffering five hours of downtime early Tuesday morning. “Block production on Solana mainnet beta resumed at 14:57 UTC, following a successful upgrade to v1.17.20 and a restart of the cluster by validator operators,” the Solana team said on […]<\/p>\n","protected":false},"author":2,"featured_media":242464,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-242463","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/242463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=242463"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/242463\/revisions"}],"predecessor-version":[{"id":242466,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/242463\/revisions\/242466"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/242464"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=242463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=242463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=242463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}