Increased Solana network congestion has delayed the launch of multiple projects on the network
PANews reported on April 9 that intermittent congestion on the Solana blockchain has forced multiple crypto projects to postpone their releases, Cointelegraph reported. Solana developers previously stated that they aimed to complete the fix by April 15. Users of the Solana blockchain have reported increasing issues with network congestion and transaction errors for several weeks. New projects, especially those planning to issue tokens, have decided to delay until technical difficulties are resolved.
Some Solana projects awaiting congestion resolution include NFT project Suit Up, altcoin project DuckCoin, and Solana staking rewards platform Surge Finance.
As of press time, users reported experiencing delays in sending Solana (SOL) tokens on the crypto exchange Coinbase. According to the incident report, Solana has been investigating the issue for more than 8 hours, but these issues will not affect transactions and fiat currency withdrawal and deposit functions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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