Many cryptocurrency witnessed their lows following the broader crypto market met with bad omen given various reasons. Solana (SOL) was an example of such a crypto asset that grabbed attention as once the top cryptocurrency slipped lower and continued to decline. The decrease went on rapidly after the FTX collapse and now there are concerns that not only the investors rather developers might also leave the project.
Not a long time ago SOL was in the top crypto assets which now has dropped below even the second memecurrency Shiba Inu. The consistent drops are being said to be the result of FTX’s founder and former CEO, Sam Bankman-Fried’s support for Solana (SOL) token. Given SBF’s negative image following the crypto exchange fall, its being implied that Solana might have got the effect.
The aforementioned could be the immediate reason but it’s struggling for a relatively longer time due to the outages that crypto assets witnessed for couple of years. For non-fungible tokens
We współpracy z: https://www.thecoinrepublic.com/2022/12/24/solana-sol-decline-indicates-towards-developers-leaving-the-project/
