Solana: Outage FUD subsides, can SOL holders expect better performance in March?
This behavior was supported by readings from Token Terminal. After nosediving on the back of a big outage on 26 February, the daily active users exploded 9x as of 3 March.Source: Token Terminalin 2023 which lasted for nearly 20 hours. The platform faced a lot of flak on social media over its growing list of outages and FUD seemed to have gripped the community.
According to CryptoSlam, the NFT sales volume on the chain soared to $2.7 million at press time from the lows of $34.68k following the outage. The number of unique buyers and sellers also grew significantly.to the network could have prompted investors to dump their FUD in favor of Solana.
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