{"id":9820,"date":"2022-10-01T07:18:51","date_gmt":"2022-10-01T07:18:51","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/10\/01\/solana-sol-price-plunges-hard-as-the-network-suffers-another-major-outage\/"},"modified":"2022-10-01T07:18:51","modified_gmt":"2022-10-01T07:18:51","slug":"solana-sol-price-plunges-hard-as-the-network-suffers-another-major-outage","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/10\/01\/solana-sol-price-plunges-hard-as-the-network-suffers-another-major-outage\/","title":{"rendered":"Solana (SOL) Price Plunges Hard As The Network Suffers Another Major Outage"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>\n<iframe loading=\"lazy\" src=\"https:\/\/coingape.com\/solana-sol-price-plunges-hard-as-the-network-suffers-another-major-outage\/about:blank\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\" data-rocket-lazyload=\"fitvidscompatible\" data-lazy-src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\"><br \/>\n<\/iframe><noscript><iframe loading=\"lazy\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\"><br \/>\n<\/iframe><\/noscript>\n<\/p>\n<p>Solana suffers one other main outage as a single misconfigured node takes down the complete community on Saturday. With the Solana community being offline, validators are unable to course of transactions. <a href=\"https:\/\/coingape.com\/tag\/solana\" target=\"_blank\" rel=\"noopener\">Solana team<\/a> has now requested validators to carry out a Solana Mainnet restart, requiring not less than 80% stake to restart. As a end result, Solana\u2019s (SOL) worth falls over 6% within the final 24 hours.<\/p>\n<div class=\"quads-location quads-ad90952 \" id=\"quads-ad90952\" style=\"float:none;margin:0px 0 0px 0;text-align:center;padding:0px 0 0px 0;\">\n<a href=\"https:\/\/servedbyadbutler.com\/go2\/;ID=180936;size=647x80;setID=509734\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"647\" height=\"80\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=647x80;setID=509734;type=img;click=CLICK_MACRO_PLACEHOLDER\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=647x80;setID=509734;type=img;click=CLICK_MACRO_PLACEHOLDER\" width=\"647\" height=\"80\"\/><\/noscript><\/a>\n<\/div>\n<h2>Solana Network Outage<\/h2>\n<p>The Solana blockchain suffers its fourth outage this 12 months, virtually a 12 months after the September 14 outage that took the community offline for 18 hours. Solana Status in a <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/SolanaStatus\/status\/1576010340248084481\" target=\"_blank\">tweet<\/a> on October 1 revealed the Solana community is experiencing an outage and points with processing transactions. Developers are working to diagnose and repair the problem.<\/p>\n<p>In a subsequent tweet, the Solana group releases directions for Mainnet beta validators to restart the Solana Mainnet-beta cluster. Validators are required to go looking logs for the best optimistically confirmed slot \u201c153139220\u201d.<\/p>\n<p>Moreover, Solana validator Laine in a <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/laine_sa_\/status\/1575981465040392192\" target=\"_blank\">series of tweets<\/a> knowledgeable {that a} misconfigured node brought on an unrecoverable partition within the community. Validators have been having problem with consensus as a validator was working a replica validator occasion.<\/p>\n<blockquote>\n<p>\u201cThe Solana mainnet network will be restarted at slot 153139220, the last confirmed slot. It appears a misconfigured node caused an unrecoverable partition in the network. Validators, please participate in finding consensus on the relevant data.\u201d<\/p>\n<\/blockquote>\n<p>As per Laine\u2019s validator monitoring platform <a rel=\"nofollow noopener\" href=\"https:\/\/stakewiz.com\/restart\" target=\"_blank\">Stakewiz.com<\/a>, the builders have initiated the restart. However, the Solana community restart is 57% accomplished. It requires the lively stake seen in gossip to succeed in 80% for the Solana community to change into on-line.<\/p>\n<h2>SOL Price Falls Amid Network Outage<\/h2>\n<p>Solana, as soon as known as the \u201cEthereum killer\u201d, is dropping belief among the many crypto neighborhood. In truth, Solana co-founder Anatoly Yakovenko claims that <a href=\"https:\/\/coingape.com\/solana-sol-slumps-15-amid-shutdown-more-losses-in-store\/\" target=\"_blank\" rel=\"noopener\">the network outages<\/a> have change into a curse for them.<\/p>\n<p>Solana (SOL) worth is down over 87% from its all-time excessive in November. The SOL worth tumbled over 6% after the Solana community outage. At the time of writing, the value is buying and selling at $32. Solana worth could fall extra if the restart doesn\u2019t occur quickly.<\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA123148\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<p>\nVarinder is a Technical Writer and Editor, Technology Enthusiast, and Analytical Thinker. Fascinated by Disruptive Technologies, he has shared his information about Blockchain, Cryptocurrencies, Artificial Intelligence, and the Internet of Things. He has been related to the blockchain and cryptocurrency business for a considerable interval and is presently protecting all the newest updates and developments within the crypto business.\n<\/p>\n<\/div>\n<div class=\"author_Image\">\n<img loading=\"lazy\" decoding=\"async\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" src=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\"\/><\/noscript> <\/div>\n<\/div>\n<\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD123148\">\n<p> The offered content material could embrace the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn&#8217;t maintain any accountability to your private monetary loss.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coingape.com\/solana-sol-price-plunges-hard-as-the-network-suffers-another-major-outage\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Solana suffers one other main outage as a single misconfigured node takes down the complete community on Saturday. With the Solana community being offline, validators are unable to course of transactions. Solana team has now requested validators to carry out a Solana Mainnet restart, requiring not less than 80% stake to restart. As a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5010,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[14],"tags":[738,566,160,320,77,110,425,316,210],"class_list":["post-9820","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-hard","tag-major","tag-network","tag-outage","tag-plunges","tag-price","tag-sol","tag-solana","tag-suffers","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/9820","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=9820"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/9820\/revisions"}],"predecessor-version":[{"id":9821,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/9820\/revisions\/9821"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/5010"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=9820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=9820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\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