solana in a bad situation :
According to CoinMarketCap, SOL is the tenth largest cryptocurrency by market capitalization, but it may lose its position at the top as a result of the growing drama surrounding the FTX exchange. FTT and SOL tokens have been sold off after information about the possible insolvency of Alameda Research, an affiliate of FTX, and its CEO Sam Bankman-Fried became public. While it is clear that FTT is a native FTX token and a major asset in Alameda accounts, little is known about Solana. At the same time, Alameda has $1.2 billion in SOL on its balance sheets, according to the data. Experts note in this regard that, in addition to the pressure on the SOL price caused by
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.