Popular blockchain Solana encountered a fresh outage on Tuesday, marking its first downtime in over a year and dashing recent hopes for improved network stability. The cause remains unknown, but engineers and validators across the ecosystem are actively seeking solutions.
While block production halted around 09:50 UTC, Solana Labs’ implemented upgrades over the past year are enabling a coordinated network restart. Previous outages took several hours to resolve, suggesting potential progress in recovery speed.
The outage itself hasn’t significantly impacted the price of Solana’s token (SOL). It currently trades at $95.4, representing a modest 2% gain in line with the broader crypto market.