Solana (SOL), one of the popular names in the cryptocurrency world, encountered a technical problem on June 1, which faced the backlash from investors. The cryptocurrency, which was above $ 45 before the problem, lost around $ 10 with the problem and fell to $ 36 levels. Now, an official statement has come about the technical problem experienced in the past.
According to the statements made by the Solana team, the “durable one-time transaction” feature, which has caused problems in the past, has once again interrupted the blockchain. Saying that an unsuccessful transaction in the chain entered the process twice, which reduced the stability of the blockchain, the officials announced that as a result of all this, there was an interruption that lasted for 4.5 hours.
SOL price changed as the outage began:
*Price graph to the left. Source: Coinmarketcap
Solana is the 9th largest cryptocurrency in the market. Investors are very confident in the project. According to some, Solana will be the Ethereum killer, and according to others, it will be the Visa of the future. However, there are problems that the Solana team has not been able to solve for a while. The interruption, which took place for the first time in September 2021, lasted for 24 hours and infuriated investors.
The Solana team continues to work to eliminate disruptions in the blockchain. However, it is not known exactly when the studies will start to bear fruit and when the system will be in order.
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