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Solana network congestion issues worsen, delaying the launch of multiple projects on the network

Solana network congestion issues worsen, delaying the launch of multiple projects on the network

CointimeCointime2024/04/09 08:58
By:Cointime

According to Cointelegraph, intermittent congestion on the Solana blockchain has forced multiple crypto projects to delay their releases. Solana developers previously stated that their goal was to complete the repairs by April 15th. Users of the Solana blockchain have reported increasing network congestion and transaction errors in recent weeks. New projects, especially those planning to issue tokens, have decided to delay until the technical issues are resolved.Some Solana projects waiting for congestion solutions include NFT project Suit up, altcoin project DuckCoin, and Solana staking reward platform Surge Finance.As of now, users have reported delays in sending Solana (SOL) tokens on the Coinbase crypto exchange. According to event reports, Solana has been investigating the issue for over 8 hours, but these issues will not affect trading or fiat deposit/withdrawal functions.

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