The total Solana liquidated recorded $12.45 million in the last 24 hours.
Solana (SOL) is down by 93% from its all-time high.
The current scandal over Sam Bankman Fried’s crypto exchange FTX and his trading company Alameda Research resulted in a huge loss on Solana’s SOL token. The worst-case scenario is SBF’s Alameda Research holdings a significant amount of Solana ecosystem tokens.
The so-called Ethereum killer Solana (SOL) which supports the rapid layer-1 blockchain has fallen double digits despite news that Google Cloud would start running a Solana validator. SOL decreased from $36.29 to $31.02 in the early hours of Monday. And at the time of writing, Solana traded at $16.80, the price declined by more than 40% in the last 24 hours, as per Coingecko. Also, Solana’s market cap shrink by over 38% in the day.
Solana (SOL) price chart (Source: Tradingview)
As a result of today’s bearish price movement, Solana lost all of its weekly gains, falling around 47% for the week. An
We współpracy z: https://thenewscrypto.com/solana-price-drops-amid-sam-bankman-frieds-ftx-scandal/
