Solana (SOL) Withdrawal Issue on Binance
Solana (SOL) network due to continuous high computing transactions, TPS (the number of transactions per second) is reduced to thousands, which may cause some users’ transactions to fail.
At this stage, withdrawals on Binance via the Solana (SOL) network may be suspended from time to time to clear the backlog of transactions.
Binance has always adhered to the principle of “protecting users”.
In response to the above situation, Binance has actively communicated with the project team as soon as possible and will find a stable and long-term solution as soon as possible.