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Friday

17 September 2021

Solana Rallies Following 18-Hour Outage

Solana Rallies Following 18-Hour Outage


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The Solana Foundation reported a denial of service attack that took the blockchain down for 18 hours yesterday.

Solana Status, a Twitter account run by the Solana Foundation, reported that the issue had been ongoing for 45 minutes at 12:38 UTC, while the restart was completed at 06:01 UTC

SOL, Solana’s native token, took a 17% nosedive following the network outage

Slicing through the 38.2% Fibonacci retracement level at $170.64 could serve as another confirmation factor for a 28% upswing toward $207.50. 

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