What Does The Solana (SOL) Crash Mean For Orbeon Protocol (ORBN) and Dogecoin (DOGE)?

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The recent Solana (SOL) crash caused havoc for Solana (SOL) holders. In a matter of hours transactions per second decreased from over 5,000 to 90, causing huge delays and the value of Solana (SOL) to decrease. But what does this mean for projects like Orbeon Protocol (ORBN), which is now in phase 10 of its presale and has a price of $0.0877, and Dogecoin (DOGE)?

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Solana (SOL) is best known for its extremely fast transactions and low transaction speeds. The project is slowly becoming an extremely popular blockchain, with NFT platforms like SolSea pioneering Solana (SOL) NFT development. 

However, the value of Solana (SOL) crashed by over 7% in March following a fork in the Solana (SOL) blockchain. This fork caused validators' RAM to rise and crashed transaction throughput. As a result, many investors were unable to make transactions, and the Solana (SOL) reputation was damaged. 

Nonetheless, Solana (SOL) has bounced back with a price increase of 21.16% in the past five days, in line with current market trends. One Solana (SOL) is currently worth $20.37, and trading volume has hit over $1 billion in a day, showing investors remain optimistic in Solana (SOL) despite its recent fork. 

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As Dogecoin (DOGE) was created as a memecoin, its value has remained relatively unaffected by the Solana (SOL) crash. However, the overall performance of Dogecoin (DOGE) has been poor throughout 2023. Trading volume is down, and top Dogecoin (DOGE) advocate, Elon Musk, has stated that his interests have moved from crypto to AI. 

This news has had a huge impact on the Dogecoin