Solana Stopped Working Due to Error 1.14 Beta Solana Validator But SOL Soars 22%

Key Points:Solana was unable to function due to a bug with the 1.14 Solana Validator beta.
It did not affect Solana’s ability to generate new blocks, unlike previous crashes.
The above incident did not have any significant impact on the network. In the last 24 hours, SOL prices have risen more than 22%.
The Solana Foundation’s RPC (Remote Procedure Call), endpoints are currently inaccessible. Solana was unable to function due to a bug within the 1.14 Solana Validator Beta. RPC is a network technical model that allows for communication between two processes. This allows programmers to easily interact with the blockchain network. The RPC endpoints that connect cryptocurrency applications and wallets to the blockchain are now unavailable due to a bug within the 1.14 Solana validator beta. However, the tweet clarified that Solana’s ability generate new blocks was not affected by the incident, unlike previous outages or network downages. Other RPCs provided to Alchemy, QuickNode and Triton are still functioning correctly.
“Mainnet beta Explorer” and the Solana Foundation Public RPC Endpoints are currently offline while RPC node software upgrades are completed. This is due to a bug in test version 1.14. The Solana network and block production have not been affected.”
This is the first time Solana has experienced a problem since 2023. However, in 2022, at least five times have Solana networks been shut down. These outages are usually caused by poor resistance to spambots, which overload transactions. In fact, in 2022 alone, there have been at least five times when the Solana network has been shut down. The longest network outage in 2022 occurred in May, when the network “stood still” for more than 8 hours. This incident did not have a significant impact on the network or negatively impact Solana’s SOL token price. SOL prices have risen by more than 22% over the past 24 hours. Source: Coincu.comDISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.Join us to keep track of news: coincu.comFoxyCoincu NewsTags: # Cryptocurrencies#MarketsBlockchaincryptoSOLSolana networksolana outage