Crema Finance suffers hack as Solana [SOL] seeks validation

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CremaFinance suffers hack as Solana [SOL] seeks validation

Currently trading at its August 2021 level, how has all of these impacted the performance of the SOL coin so far this year?In the past six months, the SOL coin has suffered a significant decimation in its price. This is attributable to the general downturn of the cryptocurrency market so far this year. And, the series of downtimes and hacks/exploits on the Solana Chain. Spotted at an index price of $170 at the beginning of the year, SOL’s price has been on a downward trend.

With increased selling underway, at the time of writing, the Relative Strength Index of SOL was spotted reaching lows at 40.84. Also failing to offer any succor. On the other hand, the Money Flow Index marked a spot at 47.86 during press time.

 

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