Solana’s latest outage was its first in nearly a year and around half a dozen in the past two years, but despite that, the blockchain is thriving with network activity and a token price surge.
The Solana network experienced a significant outage on Feb. 6 at 10:22 am UTC, with block production halted for over five hours before validators restarted the network.
This is not the first time Solana has gone down. Since January 2022, Solana has seen around half a dozen significant outages and fifteen partial or major outage days.
Many DeFi proponents believe that Solana’s downtime is a definite roadblock to its aim of becoming an Ethereum competitor. Still, the developers have worked to ensure the bugs leading to past downtimes don’t impact the network in the future. Despite its tainted history of downtime, its high speed and low cost play a key role in attracting new projects to the platform.
