Solana Network Experiences Outage
The Solana network, a popular layer-one solution, is currently experiencing an outage. According to an official update from the Solana Status account, the “mainnet-beta” is down, and engineers are working to identify the issue. The network has been offline for over half an hour as of the latest update.
Engineers from across the ecosystem are investigating an outage on mainnet-beta. This thread will be updated as more information becomes available
— Solana Status (@SolanaStatus) February 6, 2024
Price Pressure on SOL
In response to the outage, SOL’s price has dropped by 2% compared to its value less than an hour ago.
Hot Take: Solana Network Faces Technical Difficulties
The Solana network is currently facing technical difficulties with its mainnet-beta. Engineers are actively investigating the outage, and updates will be provided as more information becomes available. As a result of this disruption, SOL’s price has experienced a 2% drop. It remains to be seen how quickly the issue can be resolved and if there will be any long-term impact on the network’s reputation and user confidence.
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