Coin

<ul class="news-points"> 
 <li>Solana rises to a yearly high of 687.09%, contributing to the rise of FTX’s SOL holdings.</li> 
 <li>XRP lawyer Deaton tweeted that the FTX’s SOL holdings are now worth $6 billion.</li> 
 <li>The lawyer also anticipates 2024 to be the biggest crypto year ever.</li> 
</ul> 
<a href="https://coinedition.com/tag/solana-sol/">Solana</a>, one of the major players in the crypto space, has been garnering attention over the past few days with its recent price surges. A <a href="https://www.bloomberg.com/news/articles/2023-12-21/bankman-fried-favorite-solana-token-is-crypto-s-next-big-thing" target="_blank" rel="nofollow">report</a> narrated the rise of Solana, a token often considered to be previously championed by Sam Bankman-Fried, the former CEO of FTX. 
XRP’s leading advocate, John Deaton, took to X to share opinions on the rising value of FTX’s SOL holdings; reportedly, FTX holds 55.8 million SOL tokens. Following the court’s <a href="https://www.reuters.com/technology/ftx-gets-court-approval-sell-crypto-assets-2023-09-13/" target="_blank" rel="nofollow">approval</a> of FTX’s liquidation of assets, the SOL token bottomed out, signaling an upward trend. Confirming anticipations, SOL has seen a rise of 687.09% in one year, currently reaching $94.64 from September’s $18.25. 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full">
 <img decoding="async" width="606" height="784" src="https://coinedition.com/wp-content/uploads/2023/12/Solana-Hike-Symbolize-Crypto-Return.png" alt="" class="wp-image-356677" srcset="https://coinedition.com/wp-content/uploads/2023/12/Solana-Hike-Symbolize-Crypto-Return.png 606w, https://coinedition.com/wp-content/uploads/2023/12/Solana-Hike-Symbolize-Crypto-Return-232x300.png 232w, https://coinedition.com/wp-content/uploads/2023/12/Solana-Hike-Symbolize-Crypto-Return-380x492.png 380w, https://coinedition.com/wp-content/uploads/2023/12/Solana-Hike-Symbolize-Crypto-Return-69x89.png 69w, https://coinedition.com/wp-content/uploads/2023/12/Solana-Hike-Symbolize-Crypto-Return-344x445.png 344w, https://coinedition.com/wp-content/uploads/2023/12/Solana-Hike-Symbolize-Crypto-Return-191x247.png 191w, https://coinedition.com/wp-content/uploads/2023/12/Solana-Hike-Symbolize-Crypto-Return-186x240.png 186w, https://coinedition.com/wp-content/uploads/2023/12/Solana-Hike-Symbolize-Crypto-Return-128x165.png 128w, https://coinedition.com/wp-content/uploads/2023/12/Solana-Hike-Symbolize-Crypto-Return-163x211.png 163w, https://coinedition.com/wp-content/uploads/2023/12/Solana-Hike-Symbolize-Crypto-Return-54x70.png 54w, https://coinedition.com/wp-content/uploads/2023/12/Solana-Hike-Symbolize-Crypto-Return-58x75.png 58w" sizes="(max-width: 606px) 100vw, 606px">
 <figcaption class="wp-element-caption">
 <a href="https://twitter.com/JohnEDeaton1/status/1738011530652701052" target="_blank" rel="nofollow">Solana’s Hike Symbolize Crypto’s Return</a>
 </figcaption>
 </figure>
</div> 
Reaffirming the crypto sleuth “Mr. Huber’s” <a href="https://x.com/Leerzeit/status/1737914300365250577?s=20" target="_blank" rel="nofollow">findings</a> on the impact of SOL’s growth on FTX’s SOL holdings, Deaton stated, “FTX’s SOL holdings are now worth almost 6 billion from 1 billion since th…
The post <a href="https://coinedition.com/ftxs-solana-holdings-are-now-worth-6b-xrp-attorney/">‘FTX’s Solana Holdings Are Now Worth $6B’: XRP Attorney</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

‘FTX’s Solana Holdings Are Now Worth $6B’: XRP Attorney

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