Solana Price News: Solana Network reportedly registered a halt on Saturday as infrastructure operators to check on the troubled blockchain. Users encountered some tech issues as they found it challenging to trade digital assets on chain.

As per SolBlaze, a staking pool built on Solana, the struggling blockchain didn’t go down. However, there is a big forking event scheduled on Mainnet-beta. This has caused validators to slow down as they attempt to resolve forks.

It added that the Network is moving moderately and confirming blocks at 16 TPS. While validator operators and Solana engineers are trying to identify the root cause. However, the main cause is still not identified yet some potential fixes are being done.

The post Is Solana Network Down? SOL Price To Affect? appeared first on CoinGape.

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Filed under: News - @ February 25, 2023 10:26 am