{"id":571944,"date":"2022-06-02T07:33:46","date_gmt":"2022-06-02T06:33:46","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=571944"},"modified":"2022-06-02T08:27:10","modified_gmt":"2022-06-02T07:27:10","slug":"solanas-price-dramatically-plummets-after-its-recent-global-outage","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/solanas-price-dramatically-plummets-after-its-recent-global-outage\/","title":{"rendered":"Solana’s Price Dramatically Plummets After Its Recent Global Outage"},"content":{"rendered":"\n
Cryptocurrency Solana suffered a major global outage on Wednesday, resulting in the network halting its activities temporarily. The network outage that lasted for nearly four hours ended up impacting the prices of Solana (SOL) dramatically. According to Coinmarketcap<\/a>, the outage negatively affected the prices of SOL which plunged nearly 13% over the past 24 hours to $38.60. <\/p>\n\n\n\n Solana Encounters Its Second Network Outage In A Month<\/strong><\/p>\n\n\n\n One of the leading cryptocurrencies by market cap, Solana fell nearly 13% after suffering from a global network outage that affected its prices negatively. This was the second major outage that the network had undergone in a month. <\/p>\n\n\n\n The massive outage resulted in the network temporarily halting its services. For the time being, the network validators were unable to process blocks, propelling the network to shut all of its applications. The block production was initially halted around 10:25 PM IST, which lasted for nearly four and half hours. To fix the recent outage, the validators had to restart the Solana mainnet.<\/p>\n\n\n\n