Solana's network congestion has led to a 36% increase in gas fees throughout November, as the blockchain struggles to maintain performance under heavy usage. This surge in fees comes as SOL remains below critical resistance levels, highlighting ongoing challenges for the network.
In contrast, the Mutuum Finance token (MUTM) has experienced a remarkable 250% increase during its presale phase, with the token priced at $0.035. The presale has successfully raised over $19 million, and the anticipated launch of its lending protocol is expected to drive further demand for MUTM.
Solana Gas Fees Spike 36% Amid Network Congestion; MUTM Token Soars 250%
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