Solana Plans to Disable Feature that Caused its Most Recent 4.5 Hour Outage

Solana has released a postmortem report examining the most recent 4.5-hour outage on June 1st. The outage resulted from a runtime bug triggered by the durable nonce transactions feature.

Timeline of Solana

The value of Solana, a cryptocurrency in the top 10 in terms of market capitalization, dropped by more than 12% on June 1 as a result of its second outage in a month. A problem with the blockchain's processing of a niche transaction type meant for offline use caused it to malfunction. After its validators The post Why did the Solana blockchain halt again? appeared first on Invezz.

Solana price analysis is bullish as firm support is seen at the $38.44 level and resistance is faced at the $44.45 level. Prices have breached above the descending triangle pattern and are currently retesting the breakout point.

Solana SOL/USD is a blockchain platform that made a reputation for itself due to its high speed as well as efficiency. The SOL token is the native cryptocurrency used to pay for the transaction fees on top of the network, and ever since the launch of the project in 2017, Solana has grown into one The post Solana surpasses $2 billion in all-time NFT sales, is SOL worth buying? appeared first on Invezz.

On Monday (June 6), the $SOL, the native token of the Solana blockchain, is trading above the $44, having surged over 12% in the past 24-hour period, and at least one crypto analyst expects it to rally “harder than people think.” As you can see in the five-day SOL-USD price chart below, on Coinbase, $SOL was trading

The Solana price analysis is indicating an increase in price levels for today. The price levels have moved up to meet the $39.4 level, which is a relatively positive indication for the buyers as the price has increased.

Solana goes below $40 amid the latest network outage and it is currently on a downtrend as a result of the outage yet again so let's read more today in our latest altcoin news. Solana is on a downtrend right now with the price of the altcoin dropping below $40 as a result of the

Solana price analysis shows a bearish trend for the past 24-hours as prices retrace from highs near $39.95. The cryptocurrency is now trading at $37.68 and is facing immediate resistance at $39.95.

Solana (SOL) is by far the worst-performing major cryptocurrency this week, after a shutdown further damaged sentiment. The token slumped over 11% in the past seven days, and is trading around $37.22- close to its lowest level since August 2021.

SOL price action increases selling pressure as the $60 breakout failure puts the sellers back on the pedestal and warns of a downfall under $38. Key technical points: The SOL market value decreased by 5.69% today at press time.

The Solana (SOL) blockchain is experiencing yet another round of network problems, leading to a huge price crash. The Ethereum (ETH) competitor announced on Wednesday that block production on Solana Mainnet Beta had temporarily halted. Solana Status notes that validator operators successfully completed a cluster restart of the mainnet beta about 4.5 hours later, ending The post Leading Ethereum (ETH) Competitor's Price Falls by Double Digits After Network Crashes appeared first on The Daily Hodl.