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Reading: Important Development: Problem with Solana (SOL) Again
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EdaFace Newsfeed > Latest News > Altcoin News > Important Development: Problem with Solana (SOL) Again
Altcoin News

Important Development: Problem with Solana (SOL) Again

vitalclick
Last updated: October 28, 2024 3:27 pm
5 months ago
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It has now become a standard for the Solana network to experience network outages and congestion several times a year. We are again faced with a similar problem. phantom and solana Although the problems in the network did not significantly affect the price of SOL Coin, they caused the community to remember the chronic problem again.

Solana and Phantom

The largest wallet in the Solana network phantom In his last post, he reported that they were experiencing disruptions in their services. Many users see their account balance incorrectly and cannot perform transactions. Phantom wrote that they are facing a big problem but are working to resolve the ongoing incident.

Root cause of the problem GRASS Token 10% of its supply began to be distributed via airdrop. While user demands continued, disruptions began to occur.

“We are currently experiencing an outage and some services may be temporarily disrupted. If you need to take an urgent action, please ignore simulation errors and try using a dapp. Thank you for your patience as we work to resolve the issue.”

The Phantom announcement says that the problem will be resolved, but they cannot give an exact time. The wallet application experienced similar problems on February 3 and August 15. These issues, whether directly related to the Solana network or not, affect a significant portion of the Solana community.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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