Solana is Down: SOL Price is Dipping

Solana is down. The popular layer-one hasn’t been offline for quite a while, but it appears that the network isn’t functioning for a bit.

According to an official update from the Solana Status account, the “mainnet-beta” experienced an outage, and engineers across the ecosystem are working to identify the issue.

The update is from 10:22 UTC, which means that, at the time of this writing, the network is down for more than half an hour.

Engineers from across the ecosystem are investigating an outage on mainnet-beta. This thread will be updated as more information becomes available https://t.co/rfeioQ6BG9

— Solana Status (@SolanaStatus) February 6, 2024

Meanwhile, SOL’s price is feeling some pressure following the news as it’s currently trading at a 2% discount compared to less than an hour ago.

The post Solana is Down: SOL Price is Dipping appeared first on CryptoPotato.