Crypto News

Is Alameda Research Behind Solana Blockchain Halts?

Published by

https://coingape.com/sbf-ex-girlfriend-caroline-ellison-to-testify-in-upcoming-trial/Alameda Research News: As the Solana ecosystem continues to face the flak due to its FTX links, more speculation is coming out. Earlier, Binance announced removing trading pairs for Serum token, which is linked with a Solana partnership. After losing more than 50% in value after FTX collapse, Solana price is hardly showing signs of recovery. With no end to the FUD around FTX and Alameda Research, the cryptocurrency could be up for further drop in price.

Also Read: Popular Analyst Predicts Bitcoin (BTC) Price Risks Fall To $10,000

Solana Halt: Alameda Pressure?

In a latest, crypto influencer BitBoy claimed that Alameda Research held transactions when Solana blockchain was halted. He also warned in his latest tweet saying those who have positions in Solana should get rid of the assets. BitBoy said Alameda Research laundered money and pressurized with some transactions during the blockchain halts. The Solana price dropped heavily thanks to FTX’s investment in the blockchain project. BitBoy said,

“Every time the Solana blockchain paused… it was actually Alameda Research laundering money and brute forcing transactions.

If you are in Solana (SOL), run for hills.”

Also Read: Ethereum Price Prediction: On Chain Metrics Point To Short Squeeze Soon

Meanwhile, Austin Federa, head of communications at Solana, denied it saying that is not how blockchains work. As of writing, Solana (SOL) price stands at $14.46, up 0.86% in the last 24 hours, according to price tracking platform CoinMarketCap.

Network Outages

The Solana blockchain faced network outages on multiple occasions in the past. Very recently on October 1, 2022, SOL suffered a major network outage. The halt was due to misconfiguration in a single node. Prior to that, the Solana network had an outage due to an issue with the support structure. These network outages involve halting of transactions for several hours.

Also Read: Binance Chief Doubles the Target for Crypto Recovery Fund to $2 Billion

In a latest development, BitBoy is on a tour to Bahamas in an attempt to have a conversation with Sam Bankman-Fried. The crypto influencer is currently outside SBF home in Bahamas.

Share
Anvesh Reddy

Anvesh reports major crypto updates around U.S. regulation and market moving trends. Published over 1400 articles so far on crypto and blockchain. A proud dropout of University of Massachusetts, Lowell. Can be reached at anvesh@coingape.com or x.com/BitcoinReddy or linkedin.com/in/anveshreddybtc/

Published by

Recent Posts

  • Crypto News

Coinbase Vs Banks: Why US Banks Are Opposing Coinbase’s Trust Bank?

Crypto exchange Coinbase’s latest acquisition of conditional approval from the Office of the Comptroller of…

April 4, 2026
  • Crypto News

GENIUS Act Update: FDIC Plans April 7 Meeting to Define Bank Stablecoin Rules

The Federal Deposit Insurance Corporation (FDIC) is planning to convene a board meeting on April…

April 4, 2026
  • Bitcoin News

$12T Charles Schwab to Launch ‘Schwab Crypto’ for Bitcoin and Ethereum Trading

Brokerage firm Charles Schwab has teased the launch of 'Schwab Crypto, ' which will enable…

April 3, 2026
  • Regulation News

Kentucky Eases Crypto Rules by Removing Self-Custody Restrictions

Kentucky has moved to ease crypto rules after lawmakers removed a clause that lawmakers said…

April 3, 2026
  • Crypto News

ZachXBT Releases ‘Circle Files,’ Alleges USDC Issuer Compliance Failures Across Multiple Crypto Hacks

On-chain investigator ZachXBT has released the 'Circle Files' in which he highlighted the stablecoin issuer's…

April 3, 2026
  • Bitcoin News

U.S. Jobs Report: Nonfarm Payrolls Rise 178k, Bitcoin Drops

The U.S. jobs report has come in stronger than expectations, signaling that the labor market…

April 3, 2026