Binance Stops Trading Solana (SOL) With USDT

A remarkable statement came from Binance. The cryptocurrency exchange has suspended deposits in two parities for Solana, one of the popular coins. The reason for the decision was not disclosed.

The world’s largest cryptocurrency exchange Binance There has been a remarkable development. In the official statement, Solana (SOL), one of the most popular cryptocurrencies of recent times, is in USDC and USDT parities. the deposit process announced its suspension.

Binance has no clue as to why this is the case with Solana transactions. did not make a statement. However, the collapse of FTX, one of the largest cryptocurrency exchanges in the world, may have something to do with the suspension of transactions in Solana.

Solana lost more than $1 million held in FTX

*Solana daily price chart.

The Solana Foundation made a statement recently and is on FTX. 1 million dollars He said he had cash left. The company also held a large amount of stocks of FTT and FTX. Solana, the total coins of the outgoing asset in FTX up to 1 percent had stated that.

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The fact that Binance has not made a statement on the subject is confusing. Because SOL prices, due to FTX it was already playful. Moreover, the developer team was still working on the project. Why did Binance take such a decision? Unknown. If there is a new development on the subject, we will inform you.

Source :
https://www.binance.com/en/support/announcement/deposits-of-usdc-sol-usdt-sol-token-suspended-ed279c11471b4c118c3fe9962eb12dc9


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