Solana

Solana’s price has dropped because people are worried that FTX, an exchange that’s not active anymore, will sell a lot of Solana at once. But it’s not very likely that they’ll do that all at once.The price of Solana (SOL) has fallen by more than 6% in the past 24 hours because people are worried about a bankrupt crypto exchange called FTX. They think FTX might sell a lot of Solana and other cryptocurrencies related to Solana.According to information from Solscan, which added up the value of three FTX wallets, the FTX estate has around $1.5 billion in <a href="https://cryptosheadlines.com/us-sec-targets-terra-founder-do-kwons-crypto-assets-in-swiss-bank-seizure/" rel="noopener noreferrer nofollow">crypto assets</a> on the Solana network. Out of this, Solana tokens make up only $128 million.<a href="https://cryptosheadlines.com/solana-drops-6-amid-fears-of-ftx-sell-off-with-a-twist/" rel="noopener noreferrer nofollow"> Read More...</a>

Solana Drops 6% Amid Fears of FTX Sell-off – With a Twist

cmcdelete@edb8d1ee4ec9a85c04690131b307c085

Other articles published on Sep 11, 2023

Gain Insights Into the Latest Updates From the DeFi Market

Commissioner Pham's Crypto Regulation Pilot Program and $1.7B Settlement

How to Build a Diversified Crypto Portfolio

Ethereum Futures ETF approval could be a game-changer for Polygon, Uniswap, and Everlodge

Hong Kong Real Estate Market Moves Towards Tokenization

Multi-chain DEX Sushi to Expand to Aptos

Join our free newsletter for daily crypto updates!