📉 Binance has suspended withdrawals on the Solana network due to an “increase in transaction volume.” Restoration is expected on March 9.
- The SOL token fell 0.68% over the past 24 hours, trading at $130.81.
- Binance and other major crypto exchanges have experienced performance issues in the past week.
- Increased retail interest and load from programmatic trading companies were the main reasons for the failures.