Tag: FTX Solana

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Why is Solana price up this week?

November 11, 2023

Solana’s price is up 40% this week due to easing FTX-dump fears and growing Bitcoin ETF buzz, while SOL/USD technicals hint at more upside. The price of Solana (SOL) has soared 40% this week to establish a new 2023 high at around $58.  That is Solana’s best weekly performance since January 2023. Many factors have contributed…
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FTX Estate Controls $1.1B in Solana and $560M in Bitcoin Amid Bankruptcy Revelations

September 11, 2023

The FTX estate, currently overseeing the bankruptcy and restructuring of the once-active crypto exchange, reveals holdings of $1.16 billion in solana (SOL) and $560 million in bitcoin (BTC). 16% of Solana’s Market Cap Is Held by FTX In a recent Monday court filing, a stakeholder update showcases the premier digital assets held by the estate.…
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