• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Solana Network Back Up and Running Hours After Suffering Major Outage

September 15, 2021
in Altcoin
Reading Time: 2min read
0 0
A A
0
Solana Network Back Up and Running Hours After Suffering Major Outage
0
SHARES
5
VIEWS
ShareShareShareShareShare

High-performance blockchain Solana (SOL) is now fully operational after recovering from a network instability problem.

The Solana Foundation says in a tweet that the network was upgraded and restarted successfully hours after the issue was first reported.

“The Solana validator community successfully completed a restart of Mainnet Beta after an upgrade to 1.6.25. Dapps, block explorers, and supporting systems will recover over the next several hours, at which point full functionality should be restored.”

 

The Solana Foundation announced the network issue less than an hour after it was first noted.

“Solana Mainnet Beta is experiencing intermittent instability. This began approximately 45 minutes ago, and engineers are investigating the issue.

Resource exhaustion in the network is causing a denial of service, engineers are working towards a resolution. Validators are preparing for a potential restart if necessary.”

According to the foundation, the issue arose after a huge rise in the number of transactions per second (TPS) causing a split in the blockchain network.

“Solana Mainnet Beta encountered a large increase in transaction load which peaked at 400,000 TPS. These transactions flooded the transaction processing queue, and the lack of prioritization of network-critical messaging caused the network to start forking.

This forking led to excessive memory consumption, causing some nodes to go offline. Engineers across the ecosystem attempted to stabilize the network, but were unsuccessful.”

Solana wallet Phantom and other decentralized applications were consequently unable to connect smoothly to the network.

“The Solana network seems to be experiencing intermittent instability right now. Phantom and other applications are having trouble connecting. We will keep you updated on the status of the situation.”

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix 

 

Check Latest News Headlines

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Lello86


Credit: Source link

ShareTweetSendPinShare
Previous Post

P2P Platforms, Cross-border Transactions Drive African Crypto Markets

Next Post

Ecoin Builds The World’s First Blockchain-based Digital Identity Platform

Next Post
Ecoin Builds The World’s First Blockchain-based Digital Identity Platform

Ecoin Builds The World’s First Blockchain-based Digital Identity Platform

You might also like

Aussie Crypto Payments Challenger KAST Raises $80M as It Targets the US Market

Aussie Crypto Payments Challenger KAST Raises $80M as It Targets the US Market

March 11, 2026
Dimensional Becomes Second Firm to Win SEC ETF-Mutual Fund Hybrid Approval

Crypto News Today: $2.6 Billion Options Expiry With Volatility Expected

March 6, 2026
What’s Happening With The Bitcoin, Ethereum, And Dogecoin Prices Recently?

Why Did Bitcoin Price Crash To $67,000, And Ethereum Price Fell Below $2,000?

March 9, 2026
Coinbase Faces Backlash as Base Devs Point to “Corporate Double Speak”

Binance, CZ Cleared in US Civil Suit Over Alleged Terror Financing

March 7, 2026
[LIVE] Ethereum Price Developments, October 22: Live News and Price Updates as ETH Price Crashes to $3800

$31.6M Ethereum Leaves Exchanges as Supply Hits Multi-Year Lows – Is a Price Reversal Coming?

March 6, 2026
Bitcoin Price Holds Above $115,000 — Here’s Why This Level Is Significant

Here’s Why Bitcoin Price Must Not Fall To $54K: Analyst

March 7, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Pump.fun Is Solana First $1B Revenue App: Expansion to Ethereum Incoming

Pump.fun Is Solana First $1B Revenue App: Expansion to Ethereum Incoming

March 12, 2026
Bitcoin May Still Fall Under $10,000, Bloomberg’s McGlone Warns

Bitcoin May Still Fall Under $10,000, Bloomberg’s McGlone Warns

March 12, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.