The Solana blockchain is back online after multiple hours long outage.
As previously reported by TheBlock, Solana Blockchain transaction blocks came to a stop on Tuesday. Developers later said that Solana mainnet “encountered an oversized increase in transaction load which peaked at 400,000 Transactions per second. These transactions flooded the transaction processing queue, and lack of prioritization of network-critical messaging caused the network to begin forking.”
Ultimately, the network’s stakeholders moved to executive a restart, a laborious process that played call at the community’s Discord channel. The Solana Blockchain restart was taken after efforts to stabilize the network proved unworkable. Ultimately, a second restart patch was released to validators, and therefore the successful reactivation occurred within the early hours of Wednesday.
Still, the Solana Blockchain return to service wasn’t instant, as noted by the Solana Foundation: “The Solana validator community successfully completed a restart of Mainnet Beta after an upgrade to 1.6.25. Dapps ( Decentralized applications ), block explorers, and supporting systems will recover over the subsequent several hours, at which point full functionality should be restored.”
The price of SOL, the network’s native token, pared a number of Tuesday’s losses within the aftermath, rising from an area low of around $146 to a press-time price of roughly $160, in step with CoinGecko.
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