Solana Coin (SOL) price remains in a downtrend after on Oct. 1, the network announced a temporary suspension of its services, giving the community sentiment towards Solana is down, but stakers on the network still have confidence in the Solana ecosystem.
Investors still trust the Solana network?
Solana suffered a brief network outage as a node on the Solana network briefly stopped processing transactions early on Oct. 1 and resumed operation. Usually again in the afternoon
But despite the problems on the Solana network, the Solana network’s stakers still have confidence in the network after finding that the number of miners on the network has increased from 38,000 to 572,000.
The reason why the number of miners on the Solana network increases is because the Solana network has a minimum number of nodes that can verify transactions on the Solana network, which is known as the Nakamoto Coefficient.
referinformationSolana’s SolBlaze Nakamoto Coefficient has now increased from 30 to 31, indicating that Solana is decentralized. and prevent hackers from attacking the network.
Miner income increases.
The income of miners on the Solana network has also increased. If you look at the graph below, you can see that miners’ earnings are constantly increasing.
Even the income of miners will increase. But traders and investors may not have profited from trading Solana. Over the past week, investor sentiments towards Solana have been rather negative, so Solana’s price may not be able to climb quickly. this
Coin price now SOL Traded at $32.94, down -1.32% in the last 24 hours, according to CoinMarketCap.