Scam Alert: Solana Network Gets Hit with Phishing Attacks

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Scam Alert: Solana Network Gets Hit with Phishing Attacks
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Solana NFT investors should be more cautious as the number of phishing attacks targeted at the network's users has increased gradually

The rapid drop in the activity of networks like Solana andis notably tied to the NFT industry's drop of popularity among retail investors. OpenSea has already lost approximately 50% of the trading volume in the last 30 days.

The Ethereum network, on the other hand, is facing the lowest network usage since the summer of 2021. Gas fees are currently reaching the local bottom and allowing users to make large transactions for less than $5. Layer 2 networks allow transactions even cheaper, for less than $0.1.

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