{"id":261741,"date":"2022-10-05T10:00:00","date_gmt":"2022-10-05T04:30:00","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=261741"},"modified":"2022-10-05T01:02:04","modified_gmt":"2022-10-04T19:32:04","slug":"solana-holders-need-to-know-this-before-they-decide-to-cut-losses","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/solana-holders-need-to-know-this-before-they-decide-to-cut-losses\/","title":{"rendered":"Solana holders need to know this before they decide to cut losses"},"content":{"rendered":"

Solana\u2019s [SOL] <\/span>probation period may be up if the team behind the project does nothing to solve its recurring challenges. Recall that Solana had been the victim of several exploits, and network issues, with some occurring repeatedly between June and September 2022. <\/span><\/p>\n

The <\/span>latest outage<\/span><\/a> could be proof that the network needed improvements. However, <\/span>before now, some investors had shown disappointment in the network following the wallet hacks in August. <\/span>Recently, the project has come under heavy criticism from a crypto fund specialist, Justin Bons.<\/span><\/p>\n

According to the CyberCapital founder and crypto researcher, if nothing was done to improve Solana’s issues, it could be better to leave the project.<\/span><\/p>\n

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1\/25) Solana has been marred in controversy since its founding<\/p>\n

With frequent downtime, failures, hacks & scandals!<\/p>\n

This is why I have put together a short & incomplete history of SOL's skeletons<\/p>\n

Working our way down a colorful history of lies, fraud & dangerous trade-offs:<\/p>\n

— Justin Bons (@Justin_Bons) October 3, 2022<\/a><\/p><\/blockquote>\n