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Solana faced two main issues in 2024 so far: Network Outages: There was a significant outage on February 6, 2024, lasting about 5 hours. This wasn't the first outage, and it raised concerns about the network's stability. Network Congestion: In the first quarter, a surge in memecoin activity caused congestion on the blockchain. This made it difficult for users to complete transactions. The developers released a beta update in April to address this issue. Here are some resources for further reading: Solana Network Performance Report: March 2024 Solana official website Solana developers rally to combat network congestion The Block #solana #SolanaBlockchain #solananews #crypto #Megadrop #sol

Solana faced two main issues in 2024 so far:

Network Outages: There was a significant outage on February 6, 2024, lasting about 5 hours. This wasn't the first outage, and it raised concerns about the network's stability.

Network Congestion: In the first quarter, a surge in memecoin activity caused congestion on the blockchain. This made it difficult for users to complete transactions. The developers released a beta update in April to address this issue.

Here are some resources for further reading:

Solana Network Performance Report: March 2024 Solana official website

Solana developers rally to combat network congestion The Block

#solana #SolanaBlockchain #solananews #crypto #Megadrop #sol

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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