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Binance Temporarily Suspends Solana (SOL) Withdrawals Due to Increased Transaction Volume

Binance users have been notified of the intermittent suspension of withdrawals on the Solana (SOL) network, which commenced on March 4, 2024. The exchange attributed this suspension to the increased transaction volume on the Solana network, prompting Binance to conduct investigations and identify areas for optimization. In light of these developments, Binance is diligently working to implement a stable and long-term solution by March 9, 2024, at 18:00 (UTC).

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