Solana Labs raises $314 million in new funding round

Solana blockchain validators restart network after transaction stoppage

Lyepyel’ advertisement The Solana blockchain is back online after an hours-long outage. As previously reported, Solana’s transaction blocks came to a stop on Tuesday. Developers later said that Solana’s mainnet “encountered a large increase in transaction load which peaked at 400,000 TPS. These transactions flooded the transaction processing queue, and lack of prioritization of network-critical messaging …

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