As liquidations cascaded, Solana went down again.
https://status.coinbase.com/incidents/nd9hh1yz3dk3
Coinbase says network wide degraded performance
One of the main oracles of Solana, Pyth Network is broken and is not able to tell the prices of assets across the network.
https://pyth.network/markets/#SOL/USD
As a result, many services running on Solana are either broken or are going to liquidate users with the wrong price feed.
As of this moment, there is no update on the solana status twitter page on the state of the network. The main status page shows "network instability"
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