1 year ago

Solana Dead | Solana Being Unlisted | FTX SBF SOL Connection | Sol Price & TA | Solana Latest News

#sol #solana #ftx #sbf

Inside the relationship between Sam Bankman-Fried's FTX and Solana, the blockchain he championed whose token is down 96% from its highs
Sam Bankman-Fried was a big supporter of Solana, the layer-1 blockchain that bills itself as a faster alternative to Ethereum's network.
He backed projects on its ecosystem, and his firms amassed huge sums of the blockchain's native token, also called Solana (SOL).
The altcoin has crashed 96% from its record high in November 2021, wiping out tens of billions in market cap.
https://markets.businessinsider.com/news/currencies/sam-bankman-fried-ftx-bankruptcy-alameda-solana-price-crash-sol-2022-12

Solana Tokens Continue Steep Slide While Major Cryptos Stay Flat
SOL has dropped nearly 8% in the past 24 hours, adding to a 20% slide over the past week.
https://www.coindesk.com/markets/2022/12/29/solana-tokens-continue-steep-slide-while-major-cryptos-stay-flat/

Solana (SOL) has fallen in the past 24 hours, despite most cryptocurrencies trading flat on Thursday. SOL's links to disgraced FTX founder Sam Bankman-Fried, who faces charges of fraud and misappropriation of client funds, could be adding to the recent selling pressure. "The Hash" panel discusses what this means for the outlook for the Solana ecosystem.
https://www.coindesk.com/markets/2022/12/29/solana-tokens-continue-steep-slide-while-major-cryptos-stay-flat/

Solana Founders Scramble to Move Past FTX’s Stain on Their Token
The price of the SOL cryptocurrency is down 96% from highs
Sam Bankman-Fried was big supporter of Solana prior to fall
https://www.bloomberg.com/news/articles/2022-12-28/solana-sol-founders-scramble-to-move-past-ftx-s-stain-on-their-token

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