First Time Since April, Solana Avoids Downtime on First Day of Month - Aliens: AI Crypto News & Markets Updates
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First Time Since April, Solana Avoids Downtime on First Day of Month

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U.Today

Sat, Jul 02, 2022

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Aliens TLDR

The famous Solana critic, Evan Van Ness, is constantly tracking the performance of the network and notifies his subscribers if the blockchain's performance is degraded or is at an extremely low level—close to being unusable.

July 2, 2022 Luckily, the Solana status page suggests the network works fine with no issue whatsoever despite the "1st day of the month curse." The main reason behind the stable performance could be a lack of usage caused by the crash of the DeFi and NFT markets.

As for the market performance of Solana, the network's underlying cryptocurrency is trading at $32 and fails to impress investors with its performance as it had lost more than 70% of its value in the last three months

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