Solana outage triggers ballistic reaction from the crypto community
A community member argued that outages are putting decentralized finance protocols running on Solana at risk of insolvency.
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Solana Network Suffers Another Outage — Cyber Capital Founder Says Downtime Is ‘Another Consequence of Bad Design’
The proof-of-stake (PoS) blockchain network Solana suffered another outage on September 30 and the network restart did not take effect until six hours later on October 1. Solana has suffered…
Solana Suffers Exploit — Close to 8,000 SOL-Based Wallets Have Been Compromised
The Solana smart contract project is suffering from issues once again after it was discovered that close to 8,000 Solana-based wallets have been compromised. Solana is asking victimized wallet owners…
Solana Halts Block Production, Validators Told to Prep for a Restart, Network’s Decentralization Criticized
On June 1, 2022, the Solana network halted block production again as the blockchain network has stopped working a number of times during the network’s lifetime. According to the Solana…
Solana suffers 7th outage in 2022 as bots invade the network
NFT minting bots on Solana contributed over 4 million transactions per second, knocking validators out of consensus and crashing the network for around seven hours.
After Solana’s Co-Founder Said BTC Should Change Its Consensus Algo, Solana Mainnet Loses Consensus for 7 Hours
While Ethereum users participating in the Otherside metaverse land sale caused network fees to rise and created issues for the blockchain explorer Etherscan, it overshadowed Solana’s blockchain network outage. It…
Better call SOL: Month-long consolidation puts Solana price en route to $275
SOL has been forming a Bull Pennant following its 14,200% year-to-date price rally.
Solana-Powered Defi Platform Orca Raises $18 Million — AMM Commands Over $300 Million TVL
The decentralized exchange (dex) platform Orca has announced the platform has raised $18 million in a Series A financing round with Polychain, Placeholder, and Three Arrows co-leading the funding. The…
Solana chart ‘bull flag’ eyes $250 despite SOL price down 40% since last week
Meanwhile, the SOL's latest downside move forms a classic bullish continuation structure, with a profit target above $250.