It made a big impact with its bankruptcy in November 2022 FTX and its founder Sam Bankman-Fried who performed well despite his relationship with solana can’t get enough of the rise.
Solana, which dropped to $8 after the FTX crash, experienced a tremendous rise in 2023 and continues to do so.
After the FTX crash, while everyone was waiting for Solana to go to zero and disappear LEFTmanaged to surprise everyone.
at this point Experiencing an unstoppable rise since October SOL reached the $100 mark.
SOL, which reached a market value of 41.8 billion dollars with an increase of up to 20% in the last 24 hours, is traded at 94 dollars with a market value of 40.4 billion dollars, with a slight withdrawal at the time of writing.
This increase is SOL Binance Coin (BNB) and SOL overtook BNB as the fourth largest cryptocurrency by market cap.
This increase solana While it shows that interest has increased, it also reveals that investors’ demand for the Solana blockchain and DeFi activities has increased.
While the SOL attracted attention with its rise, some oppressors turned this rise into an opportunity. One of them is BitMEX former CEO Arthur Hayes happened. In his post, Hayes sold the Solanas he had and replaced them with Ethereum (ETH) announced that he bought it.
Fam … I have a confession to make.
I received a message from the Lord while meditating. He said dump that Sam coin POS, and profess your love for Archangel Vitalik.
So I dumped $LEFTand bot more $ETH.$ETH = $5,000
— Arthur Hayes (@CryptoHayes) December 22, 2023
*This is not investment advice.
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