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For the first time since April, Solana has avoided stopping on the first day of the month

For the first time since April, Solana has avoided stopping on the first day of the month

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Answer For the first time since April, Solana has avoided stopping on the first day of the month

Solana, which is notorious for its downtime and technical issues on the first day of the month, successfully entered the new month (July) without problems for the first time since last April.

Evan Van Ness, a well-known critic of the Solana network, constantly tracks the performance of the network and informs subscribers if the performance of the blockchain is deteriorating or in too low a situation, i.e. when the network is about to be unusable.

Fortunately this time and with the start of the new month, Solana’s status page indicates that the network is working fine with no problem at all despite the “first day of the month curse” that has affected the network in the past months.

The main reason behind the stable performance could be the lack of usage caused by the collapse of the DeFi and NFT tokens markets.

Solana launches Android phone:

At the end of July, Solana officially announced the launch of the Solana Android phone, which attracted a lot of interest in the cryptocurrency community.

But not everyone is excited about the idea, as Cardano’s founder taunted Solana’s new product and told that technical and technical problems would pass from the network to the products.

Previously, Solana experienced poor network performance due to a “Beta Clock Drift” on the main network.

While the problem was not critical, the network was still working with a short-term drop in performance, and the processing time was much higher.

Read:Bitcoin CME Hole Completed at $29,000…Is There a Rebound Coming?

As for Solana’s performance in the market, the network’s base cryptocurrency SOL is trading at $32 and has failed to impress investors with its performance as it has lost more than 70% of its value in the past three months.

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