Solana Price Slides – Here’s Why

Solana (SOL) led losses among the top 50 cryptocurrencies, dropping 10% in the past 24 hours to $164.2 as of Monday morning in Europe. The token has declined 19% over the past week. What’s behind the slide? FTX Repayment Factor Today, FXT, the crypto exchange that went bankrupt in 2022, has started repaying its creditors in cryptocurrencies, including both institutional and retail investors, beginning with those who held $50,000 or less. A total of 11.2 million SOL tokens, valued at approximately $2.06 billion, will be unlocked on March 1, 2025. Reports that this newly released liquidity could put significant

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