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Fortune
Fortune
Marco Quiroz-Gutierrez

Solana token rebounds after multihour network outage

SOL blockchain Bitcoin Crypto
Photograph of the Solana logo (Credit: Photo Illustration by Fortune)

After a turbulent weekend for its underlying blockchain, Solana’s native cryptocurrency again showed its resilience as the price rebounded on Monday.

The SOL token jumped as much as 3% to $23.33 over a few hours, after it had plummeted to a seven-day low of $21.72 over the weekend. The token later retreated to $22.88.

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