Solana just announced it’s newest network enhancement, “Always UP”
2 min read
Solana just announced it’s newest network update, “Always UP” and has promised it will revolutionize Solana and make it more attractive to outside investors.
Always UP functions by strategically shutting down the Solana network whenever the price of Solana drops by more than 5% in 24 hours. The Solana network will then remain down until price volatility subsides. By separating ourselves from the price volatility traditionally found in crypto we aim to keep the price of Solana “Always UP”. This assurance that we aren’t going to sit by and do nothing while the price of Solana crashes should help to bring in further VC capital.
Of course the announcement has resulted in mixed feelings among the public as SBF, Vitalik, and CH have all chimed in on the newest update
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The Solana team was quick to respond to the so called FUD by the public.
If investors actually want to put money into a chain that can go down at any time in order to protect their fiat investment, is yet to be seen – but Solana is currently up .1% since the announcement.
submitted by /u/GabeSter
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