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Solana stocks keep falling as Wall Street pitches another $1B

Crypto industry leaders think their new Solana treasury stock will somehow perform well despite consistent losses across the leaderboard.

Largest Solana treasury company falls below 1X mNAV

As of publication time, Upexi has a market capitalization of $330M and holds 1.9M SOL worth over $353M. Its mNAV is a sad 0.94X.

In an incident report issued on Tuesday, Solana confirmed that “Engineers from across the ecosystem” were investigating an outage.

According to the network, this is the first major Solana mainnet outage since February last year when disruption lasted nearly 19 hours.