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17 September 2021

Solana’s Price Crashes 13% as Network Outage Continues - Decrypt

Solana’s Price Crashes 13% as Network Outage Continues - Decrypt


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Solanahas beenoffline and not producing blocksfor nearly 11 hours as of this writing, and while a fix appears to be imminent, the prolonged downtime is taking its toll on Solana’s price.

SOL, the native cryptocurrency of the blockchain network, has dropped more than 13% in value over the last 24 hours, per data fromCoinGecko.

Solana’s price drop comes during a mostly positive day for the cryptocurrency market, which is up 3% on the whole over the last 24 hours, according toCoinGecko

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