Solana Price Crash

3 Jun 2022

Solana (SOL) Price Crash News: Solana price has crashed by over 12 percent in the last 24 hours. The SOL price fall started after Solana blockchain suffered its second outage in the last one month. Solana validators were not processing new blocks for several hours due to the outage.
As per Twitter account SolanaStatus, block production on Solana Main Beta was halted due to a bug. “Earlier today a bug in the durable nonce transactions feature led to nondeterminism when nodes generated different results for the same block, which prevented the network from advancing. Engineers are readying new releases (v1.9.28/v1.10.23) which temporarily disables the durable nonce transactions feature until a patch is released,” Solana Status said in a series of tweets.
To fix the outage, Solana validators had to restart as per instructions shared by the Twitter handle. The outage lasted over 4 hours. However, the SolanaStaus Twitter handle pointed out that the network and the funds were secure.

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