Solana’s native cryptocurrency SOL has tanked another 6% today slipping under $90 as the Solana blockchain continues to face major network congestion issues. SOL has been in a free-fall during this broader crypto market rout and has corrected nearly 60% from its all-time high in November 2021.
Over the last weekend, the Solana blockchain faced a 48-hour-long network instability disappointing investors and traders to a great extent.
Engineers have released a notice on the Solana website on Saturday, January 22, which reads:
Solana mainnet beta is experiencing high levels of network congestion. The last 24 hours have shown these systems need to be improved to meet the demands of users, and support the more complex transactions now common on the network.
However, as of Monday, January 24, the status shows that the systems are fully operational once again.
Huge thanks to all the folks that debugged these issues over the last 48 hours. @leolukde @CertusOne @buffalu__ @BlockdaemonHQ @tri
We współpracy z: https://coingape.com/sol-tanks-6-as-solana-faces-another-48-hour-outage-boom-and-bust-moment-for-solana/
