December 29, 2024

Rise To Thrive

Investing guide, latest news & videos!

Solana records 1 outage in first half of 2023, 100% uptime in Q2

1 min read
Solana records 1 outage in first half of 2023, 100% uptime in Q2

Layer-1 blockchain network Solana has shown an improvement in reliability and uptime so far this year only having one outage in 2023, according to a report from the Solana Foundation.

On July 20, the Solana Foundation released its latest performance

The Artemis dashboard reports a daily transaction count of 19.2 million for Solana which has been the leader for this metric until it was recently usurped by the Sui Network due to the popularity of a Web3 game.

The price of the blockchain’s native token, Solana (SOL),was down 4.5% on the day — around $25.50 at the time of writing, according to Cointelegraph data.

The token has been performing well over the past month with gains of 50% but remains down 90% from its November 2021 all-time high of $260.

Magazine: How smart people invest in dumb memecoins — 3-point plan for success