Bitcoin (BTC) $64,556.38 0.72%
Ethereum (ETH) $1,739.70 0.78%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 73.227673 -1.41%
Dogecoin (DOGE) $0.08 -0.05%
Cardano (ADA) $0.16 -1.24%
Chainlink (LINK) $7.95 0.09%
Litecoin (LTC) $44.88 -0.64%
Dash (DASH) $34.93 -3.32%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.280913 0.91%
X-Cash (XCASH) 1.0E-6 0.00%

Cryptocurrencies: 29128

Markets: 112748

Market Cap: $2,211,021,919,992

24h Vol: $70,648,309,957

CoinGape

2022-12-28 09:59:11

On-Chain Data Indicates Further Struggles For Solana, 25% Fall In SOL Price

On-Chain Data Indicates Further Struggles For Solana, 25% Fall In SOL Price

Struggles for the Solana blockchain platform grew massively following the collapse of FTX. The platform’s native token SOL price has tumbled 73% in the past 8 weeks due to selloffs by FTX’s sister firm Alameda Research and investors. NFT projects and validators are moving to other blockchains. Amid the rising FUD, here’s what on-chain data The post On-Chain Data Indicates Further Struggles For Solana, 25% Fall In SOL Price appeared first on CoinGape .

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