Solana, which was often ridiculed as a "crash chain" in the early years, has rebounded from the bottom last year and has grown into the fifth largest cryptocurrency by market value. However, on the evening of 2/6, there was a crash for nearly five hours. After a validator software update, it has now returned to normal.
Solana officials stated that they will issue an investigation report after understanding the cause.
According to historical data, the last time Solana suffered a similar type of crash was in February 2023, nearly a year ago:
The price of SOL began to decline with the crash at around 6 pm on February 6, but the price quickly rose back to the pre-crash level:
Solana crashed again, which also aroused the ridicule of many netizens. It was also the best advertising time for other public chain supporters:
live footage of every solana outage pic.twitter.com/2EsQLfZJph
— J5 (@j5trades) February 6, 2024
This article Solana recovered after a long-awaited downtime for nearly five hours. The cause is under investigation and SOL has recovered. First appeared on Chain News ABMedia.
