Solana Network Hit by Routing Fault, Bullish Sees Tokenized Equity Trades
A routing fault at a hosting provider knocked out nearly 29% of Solana's staked SOL offline on Wednesday, pushing the network to roughly 86% of the way to a finality freeze.
The incident was reported by Marinade, and it affected the network's ability to settle transactions.
In other Solana news, Bullish announced that it had executed the first tokenized equity trades on a regulated digital asset exchange, with shares tokenized on Solana.
The company tokenized its own stock (BLSH) on Solana and started trading those tokenized shares with near-instant settlement, 24/7, USD stablecoin settled.