The Solana blockchain came to a halt today for four hours, marking the latest outage for one of the world’s largest blockchains.
The chain’s team acknowledged the outage just after noon ET today, saying that a “bug in the durable nonce transactions feature led to nondeterminism when nodes generated different results for the same block.” The glitch prevented the network from advancing to the next block.
The validators completed a reset of the mainnet in the evening, according to a tweet posted at 5:06 pm ET.
Solana, the sixth-largest blockchain by market cap ex-stablecoins, fell more than -13% on the news today. Sellers cited Solana’s repeated downtime and failures as reasons for selling.
It settled into a market capitalization of roughly $13.5 billion as of this writing, wedged between the Binance USD and Dogecoin.