Solana Jumps 9% in 24 Hours To Lead Top 100 Crypto Pack by Gains
The <a href="https://finbold.com/category/cryptocurrency-news/">cryptocurrency market</a> is making shy progress after weeks of being caught in the turmoil that followed the collapse of <a href="https://finbold.com/review/ftx-review/">FTX</a>, once among the largest <a href="https://finbold.com/guide/best-cryptocurrency-trading-platforms/">crypto exchanges</a> in the world, with Solana (<a href="https://finbold.com/cryptocurrency/solana/">SOL</a>) leading the recovery.
Solana Market Cap Shrinks Below Litecoin in Protracted Descent
The market cap of the popular proof-of-stake blockchain, Solana, slipped below that of the OG proof-of-work blockchain, Litecoin, according to Coingecko.Solana's latest downturn began with the collapse of FTX.
Solana (SOL) price prediction for December 31, 2022
The CoinMarketCap cryptocurrency community price estimate is based only on the votes of its users. Estimates do not guarantee end-of-month prices.
$SOL: Coin Bureau Explains Why Solana Price Could Go As Low as $8
In an update released two days ago, Coin Bureau looked at how the collapse of SBF’s FTX empire could impact the price of $SOL, the native token of the Solana blockchain.
Despite Solana's Tumble, the Community Is Keeping Its Hopes High
Despite SOL’s plunge, developers have been keeping users engaged on positive milestones as they try to revive the network’s fading enthusiasm.
Solana Loses $1 Billion in USDT to Ethereum Due to FTX Collapse
The Solana Foundation, a non-profit organization that supports the development of the Solana blockchain, also acknowledged having $1 million in cash or other equivalent assets that were trapped on FTX.
Tether Ensures No Risk From USDT on Solana, SOL Tanks Further
The world’s largest stablecoin issuer, Tether, has ensured that there are no risks from USDT on the Solana network.
Binance, OKX and Bybit Suspend USDT and USDC Deposits on Solana
Solana (SOL) trades at $13.5, with a 5% loss in the last 24 hours and a 3% loss in the previous week. The cryptocurrency is recording significant losses across all timeframes due to the recent event surrounding FTX and the contagion impacting the crypto industry.
Breaking: Binance, OKX Halt Solana USDT, USDC Deposits
Crypto exchanges Binance and OKX announced temporary suspension of USDC (SOL) and USDT (SOL) deposits.
Solana Foundation reveals minimal exposure to FTX
Solana (SOL) Foundation revealed that it held roughly $1 million worth of cash or its equivalent -less than 1% of its assets- on bankrupt crypto exchange FTX as of Nov. 6, according to a Nov. 14 blog post.
