Toncoin recovers from network outage, but price remains under pressure
Toncoin network outage
The Toncoin network experienced a network outage on 25th July 2023, causing disruptions to transactions and affecting the price of the cryptocurrency.
The outage was caused by a software update that introduced a bug, which led to a network split and prevented validators from reaching consensus.
Toncoin price
Toncoin price has come under pressure since the network outage, falling by over 20% in the past 24 hours.
The price of Toncoin is currently trading at around $1.50, which is significantly below its all-time high of $6.50.
- The network outage has raised concerns about the stability of the Toncoin network.
- The price of Toncoin is likely to remain under pressure until the network outage is resolved and confidence is restored.
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