Solana Got flipped by XRP, Due To It's Network Blockchain Downtime.
Less than a week ago Solana flipped XRP, to be ranked No.6 due to Market Cap Value after hit a new ATH at 216, but has dropped 36% since then.
XRP flipped Solana as it's Market Cap Value dropped $14billion, from $58billion six(6) days to $44billion today on CoinGecko, it dropped -15.1% today due to the network being offline, after over Eleven hours of downtime now.
Solana node operators are coordinating a “restart” of the high-speed blockchain Tuesday in an attempt to bring the stuttering network back online.
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“The validator community elected to coordinate a restart of the network” and is preparing a “new release” that will right the frozen blockchain, according to an afternoon tweet from the Solana Foundation.
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Solana is currently in a descending channel right now, hopefully when their network comes back online it will break the descending channel to continue it's bullish trend.
XRP is currently $6billion higher the Solana in Market Cap Value. Do you think Solana will drop forward?.
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Still going down bro? I hope not! I bought in at 150 earlier today and decided to close.
If it was spot trading you shouldn't have, Solana is now back online and the current price now is above 160 and it at a support level.