The Solana network Mainnet-Beta, which supports digital currency transactions, has encountered a significant issue leading to a stop in its operations. This disruption has halted its usual activities, with the most recent data from SolanaFm indicating that the last block was produced an hour ago. This pause in activity points to a serious problem within the network.

Engineers from across the ecosystem are currently investigating the cause to address and fix it. As news of the outage spread, the value of Solana’s digital currency, $SOL, experienced a decline, dropping to $93.7.

Link to Official Solana Status