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Crypto Takes a New Hit as Thousands of Solana Wallets Hacked

Solana, which has suffered network outages in the past, is a rival to the Ethereum blockchain. As transaction prices on Ethereum rose last year, chains like Solana, which tout their low transaction fees, emerged as alternatives for minting non-fungible tokens. The code underpinning Solana is also popular with clients looking to build their own decentralized-finance applications. 

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