In the market correction on the night of April 6, investors who wanted to make withdrawals with Solana (SOL) on Binance saw their transactions suspended for a short time. The leading cryptocurrency exchange explains why in a new announcement today…
Binance has stopped its Solana transactions
The world’s largest crypto exchange Binance has stated that it has temporarily suspended all Solana withdrawals due to network problems, announced that outages may occur in the following days:
SOL withdrawals may be paused from time to time depending on network status. Binance is working with the project team to ensure these issues are resolved as soon as possible. We apologize for the inconvenience caused. If you have any questions regarding environmental issues, contact Solana customer support.
In another update, the crypto exchange is available regarding withdrawals on the Solana network
Binance is working with the project team to ensure that these issues are resolved as soon as possible. More details on the suspension of withdrawals are currently lacking.
Solana (SOL) liquidation reaches $25M
Crypto futures traders are on Wednesday 400 million dollars as most cryptocurrencies plunge to new lows as stocks tumble in response to the Fed’s intended rate hikes. lost over a dollar. Futures tracking Solana have seen $25 million in liquidation losses over the past 24 hours, according to data from Coinglass. Solana, the sixth largest cryptocurrency by market capitalization, has lost more than 4% today. The network’s native token, SOL, is currently trading at just over $116, according to data from CoinMarketCap. As
Kriptokoin.com, the leading NFT marketplace OpenSea has integrated the Solana network. Earlier today, Twitter began noticing several Solana-powered NFT collections appearing on the platform. The highly anticipated integration came as no surprise to the NFT community. On March 29, OpenSea announced that it would begin adding (mint) NFT collections that were minted in Solana in April.
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