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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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