The Solana development activity showed that its developers increased their activity during the downtime, which has remained high.
price trend on a daily timeframe showed an upward trajectory over the last three days. This surprising trend follows the recent challenges faced by the network.
In the past three days, SOL has grown over 5%. On 7th February, the price experienced a more than 4% increase, closing trading at $101.11.Additionally, the recent upswing has moved the price trend above the small Moving Average . This yellow line, initially a resistance, is now acting as immediate support.
Also, SOL was trending above its neutral line on the Relative Strength Index . At the time of this writing, the RSI was close to 60, indicating a strong bullish trend., Solana was one of the few coins that outperformed Bitcoin. The analysis showed it had gained over 4% more than BTC in the past few days.showed that leading up to its outage on 6th February, the network had maintained online status for the past 90 days. The status chart showed an impressive 99.
It’s worth noting that all other systems, excluding the mainnet, were operational on the day of the outage. Furthermore, the status report indicated that these other systems had not experienced downtime in the past 90 days.The chart illustrated that development activity increased to approximately 149 on 6th February and had risen to 153 at the time of this writing.
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