SOLANA (SOL)’S VALUE DROPS TO $4 BILLION AFTER THE FTX CRASH | https://t.me/Solana_Updates

SOLANA (SOL)’S VALUE DROPS TO $4 BILLION AFTER THE FTX CRASH

Solana (SOL)’s price records double-digit gains in today’s charts. But the recent surge is not enough to put it back in the ranks after falling to 16th place this week. Solana (SOL) is one of the cryptocurrencies that suffered huge losses from the FTX wreckage.

Solana (SOL) received the FTX crash worse than most of its counterparts due to its direct financial ties with Sam Bankman-Fried enterprises. FTX filed for a Chapter 11 bankruptcy last week and dragged all 130 companies under its watch down the hole, including Alameda.FTX and Alameda Research, both companies owned by Bankman-Fried.

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@Solana_Updates