The Solana Foundation released a report on the 17-hour block outage of the Beta mainnet, which they said was caused by a denial-of-service (DoS) attack. A project called Grape Protocol launched IDO on Raydium, and bots initiated a large number of transactions. These transactions caused memory overruns and many validation nodes to crash, forcing the network to slow down and grind to a halt. More detailed technical details and root cause analysis will be released in the coming weeks.

On September 15, Solana's main network Beta version was unstable since 19:52 Beijing time, with a total of more than 17 hours, and Solana's on-chain applications could not operate normally. Information released by Solana Status says that the Solana verifier community selects the cooperative restart network and the snapshot height is slot 96542804. Solana Status It is recommended to verify that the node is updated to Mainnet-beta 1.6.24. As of 19:00 PM, Solana Beach data shows that 84.6% of verifiers have upgraded to version 1.6.24. Restarting the mainnet Beta of Solana requires the approval of an 80% absolute majority of the verified nodes. Solana's outage was caused by recent network congestion caused by the growing number of developers and users on the public link.

The SolanaNFT Alliance was formed to jointly promote common standards between Solana-based projects. The first SolanaNFT alliance members include BurntFinance, Phantom, Bonfida, AustinVirtis, Metaplex, Solarians.

BurntFinance has announced the formation of the SolanaNFT Alliance with a number of ecological projects to promote common standards between Solana-based projects. The first SolanaNFT alliance members include BurntFinance, Phantom, Bonfida, AustinVirtis, Metaplex, Solarians.

Solana has built a new NFT marketplace Lollapalooza, which will include upcoming products from artists such as Steve Aoki.

Solana Foundation has also launched a $20 million fund in partnership with ROK Capital, a major South Korean blockchain accelerator, which aims to develop the Solana blockchain ecosystem by facilitating various projects. By partnering with Korean companies, the fund will also enable Solana to expand its local presence.

PARSIQ, A blockchain intelligent intelligence platform, has completed A $3 million series A funding round with the participation of Solana Foundation, Mindworks VC and Axia8 Ventures. By integrating PARSIQ, users on Solana's network can take advantage of the PARSIQ ecosystem. PARSIQ not only supports the Solana network on its monitoring and automation platform, but will also build DeFi products on Solana in the future.

OKEx's Block Dream Fund has partnered with Solana Foundation to launch a $20 million strategic investment Fund to accelerate the growth and development of Solana's ecosystem.

Solana integrates with Chainlink.

Launched Wormhole protocols, which allow assets on Solana and Ethereum to move across the chain. Circle, the crypto unicorn, works with Solana, which makes Circle's DOLLAR-linked stablesoin USDC available on the Solana blockchain. Solan, in turn, is able to provide Circle with an efficient ecosystem of payments, commerce and finance applications.

The Solana Foundation has announced a technology partnership with Tether to bring USDT staboins to the Solana network, enabling the creation of low-cost and fast DeFi applications.

Solana will partner with Dish Network, a FORTUNE 200 company in the US, to provide the blockchain layer for tokenized 5G networks. Akash will implement Solana's smart contract to supply and settle its cloud services. Chainlink will partner with Solana to build fast Oracle systems. Bison Trails will support the use of SOL tokens when Solana mainnet is enabled.

Network scalability tests were conducted on 200 distributed nodes in 23 regions around the world.

Launch a smart contract engine.

Publish on-chain applications.

Publish the main network on site.

Open beta

Testnet2.0 and public demos.

White paper release and Testnet 1.0.

Concept and white paper draft.