High-Octane Solana Network Forces Binance To Halt Withdrawals – What’s Brewing?

In a surprising twist, Binance, the crypto exchange behemoth, has hit the brakes on Solana (SOL) withdrawals due to a colossal surge in network activity. The Solana blockchain, known for its lightning-fast transactions, finds itself entangled in a web of congestion, prompting Binance to announce a temporary suspension of withdrawals, effective since March 4, 2024. […] source: https://bitcoinist.com/solana-network-forces-binance-to-halt-withdrawals/