Solana Proves Robust As Market Crash Brings Major Banking Giants Down

Quick Summary:

Solana remains robust during the recent market crash, outperforming major TradFi platforms despite its history of outages.

Similarly, a surge in transaction volume during a DeFi protocol launch in September 2021 overwhelmed the network, leading to a 17-hour outage.

This continued pressure on the network made the Solana team implement numerous upgrades that made the network more resistant.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: IndiaJapan

Topics: Down Solana Banking Giants Latest News News Robust Market crash Proves

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-07 @ 13:10:20 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 447 words

Reading Time: 3 minutes read

Sentences: 26 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 21971299

View Article Analysis

About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 21 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 15 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

Publisher Details

Frequently Asked Questions