Solana Below $40 Amidst Network Outage, Are The Bears Back?

Solana Below $40 Amidst Network Outage, Are The Bears Back?

Solana is on a downtrend currently, price of the altcoin has slid below the vital support line of $40. This downslide comes in the middle of a network outage, yet again! A software glitch was responsible for causing an outage that lasted over 4 hours. Solana had also experienced another major outage in the month of January which stretched over 18 hours. This has apparently affected the Solana ecosystem as constant outages causes traders to lose their portfolio value simultaneously. Over the last 24 hours, the altcoin lost about 6.4% of its value. In the last week, SOL depreciated over 12%.....


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