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Solana Suspends Transfer Operations

Decentralized blockchain platform Solana had to stop transfer transactions due to congestion. Here are the details...

Solana Suspends Transfer Operations
Yazar: Eylem Özer

Yayınlanma: 2 Mayıs 2022 05:21

Güncellenme: 17 Kasım 2024 08:22

Solana Suspends Transfer Operations

Decentralized blockchain platform Solana had to stop transfer transactions due to congestion. Solana's price, which had been suspended for the fourth time in the previous year, immediately dropped to 81 dollars.

Solana Has Stopped Transactions. Once again, the Solana network had to stop transfers due to congestion. Users have complained that some processes take hours to complete. Solana network, which was offered as an alternative to ETH and hosted many projects, pools and decentralized exchanges in a short time, lost value due to the disruption experienced for the fourth time in the last year. With the sudden wave of panic, the price of Solana dropped to $ 81. It was discoveret that the Solana network, which continues to work during the beta process, was clogged in the minutes when the leading crypto currency Bitcoin experienced a decrease. It has been reported that it is not possible to make transfers and withdrawals are stopped in all wallets and exchanges. Sources close to the subject stated that the network received an intense flow of 4 million per second and the administration was disabled. It was noted that work is underway to restart the confirmatory points.     Source: Hardware News
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