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Home Crypto News Market Users Report Solana (SOL) Network Outage, Slow Transactions Due To DDoS Attack

Users Report Solana (SOL) Network Outage, Slow Transactions Due To DDoS Attack

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On December 9, the Solana network faced a DDoS attack, but there were no comments from the Solana Team or developers.



The first tweet that mentioned that Solana was under DDoS attack was from the Blockasset NFT platform which was then deleted that said:

“We know it is taking a long time to distribute tokens. Solana is overwhelmed by a DDoS attack that has clogged the network, causing delays. “

Wu Blockchain mention that deleted tweet:

 

Infrastructure firm GenesysGo, specializing in Solana, also reported delays in processing transactions on the blockchain, but attributed this to “growth problems” and asked everyone to remain calm.

The founder of the lending platform Solend confirmed the drop in SOL transaction processing speed, but said it is “still 30 times faster than Ethereum.”

 

Verbit CEO Roy Murphy announced the global outage of Solana and said Bitcoin can solve this problem.

The Solana Foundation did not publicly acknowledge the attack.

Over the past 24 hours, the price of Solana token (SOL) has dropped 7.5%. At the time of writing, this is the largest decline among the largest cryptocurrencies by capitalization, although they are all in the red.

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Albert Brownhttps://thecryptobasic.com/
Albert Brown is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. Holds major cryptocurrencies and has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

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