Solana mainnet beta is experiencing an outage. investigations are ongoing to find the root cause of the downtime according to SolanaFloor official X account .
![](https://crypto-feed.news/wp-content/uploads/2024/02/Capture-41.png)
The outage is now going for 10:45 UTC .
The $Sol is down 4% after the downtime was reported.
![](https://crypto-feed.news/wp-content/uploads/2024/02/SOL_1D_graph_coinmarketcap-1.png)
Solana Mainnet-Beta is encountering performance issues, with block progression currently suspended. Core engineers and validators are actively investigating the situation
Engineers are building a release containing a remediation for the Solana network outage
and from 30 minutes ago Validators have begun generating snapshots using their local ledger state to prepare for a restart. Solana ecosystem Core engineers are still preparing the remidiation build release for the outage.
We should also say that Solana Experiences the First Network Outage in 282 Days.