-
Solana price prediction as Bitcoin, Ethereum congestion intensifies
Solana (SOL/USD) price retreated to the lowest point since April 27th as concerns about Bitcoin and Ethereum congestion continued. The coin plunged to a low of $21, which was much lower than the year-to-date high of $27.13. Bitcoin and Ethereum congestion The biggest cryptocurrency news story on Monday was that congestion among Bitcoin and Ethereum continued. As a result, Binance announced that it had temporarily paused withdrawals of Bitcoin as the team handled the situation. Bitcoin’s network fees have therefore soared. On-chain data shows that the total fees in Bitcoin surged to 6.13 BTC. Including subsidies, ... (full story)