【Forbes】Solana's Market Value Plunges $20 Billion After Outage—Is This Good For Ethereum?

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A surge in transaction volume and bot activity brought the Solana network to a halt for more than 17 hours.

Even though Solana is one of the most highly valued cryptocurrencies of the year, but Sol tokens lost a lot of gains this week.

The price is down more than 35% from last week's record high after the network outage, that could make the case even more serious for an established platform like Ethereum.