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Friday, April 19, 2024

Solana is Down: SOL Price is Dipping

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Solana is down. The popular layer-one hasn’t been offline for quite a while, but it appears that the network isn’t functioning for a bit.

According to an official update from the Solana Status account, the “mainnet-beta” experienced an outage, and engineers across the ecosystem are working to identify the issue.

The update is from 10:22 UTC, which means that, at the time of this writing, the network is down for more than half an hour.

Meanwhile, SOL’s price is feeling some pressure following the news as it’s currently trading at a 2% discount compared to less than an hour ago.

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