Bitcoin (BTC) until altcoinwere also affected by the declines experienced in 2022.
One of these altcoins is undoubtedly Ethereum (ETH) rival Left (LEFT) it happened.
Apart from the dreams, SOL has recently taken a big hit from the bankruptcy of the cryptocurrency exchange FTX.
Starting the year 2022 at about $170 LEFT, is trading around $10, down 94% this year. This massive drop in SOL made Solana one of the biggest losers of 2022.
According to Bloomberg’s report, Solana, supported by SBF, the former CEO of collapsed FTX, also fell today amid concerns that large investors may be about to sell SOL.
In a Bloomberg report, Martin Lee, a data reporter at blockchain research firm Nansen, “Given its close connection with the SBF, overall confidence in Solana’s future has taken a hit” shared what he said.
Cryptocurrency exchange quoting Bloomberg’s news Arthur Hayes, former CEO of BitMEX, Solana’s shitcoin claimed to be.
“While Solana is a complete and absolute shitcoin, at some point it will be a buy if it puts a strain on the mainstream financial press.
Nothing goes up or down in a straight line.”
Solana, which fell 15.01% in the last 24 hours, increased by 2.61% in the last 1 hour. LEFT At the time of writing, it is trading at $10.22.
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