This is why Solana $SOL is dropping This is a problem but a temporary one and will make the system stronger.This could be the buying opportunity we were looking for.Strong support at $150
Solana Status
@SolanaStatus
Solana mainnet-beta is experiencing intermittent instability. This began approximately 45 minutes ago, and engineers are investigating the issue.
Solana Status
@SolanaStatus
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1/ Solana Mainnet Beta 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 caused the network to start forking.
2/ This forking led to excessive memory consumption, causing some nodes to go offline. Engineers across the ecosystem attempted to stabilize the network, but were unsuccessful.
3/ The validator community elected to coordinate a restart of the network – the community is preparing a new release, and instructions will be posted in Discord.