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Solana
Solana Foundation Exec on FTX and Alameda's Impact on the Ecosystem
Sam Bankman-Fried was a prominent backer of Solana, and the token has faced recent selling pressure in the wake of FTX's collapse. Solana's Head of Strategy and Communications, Austin Federa, discusses the current state of the ecosystem amid lingering crypto contagion concerns.
Solana Outlook in the Wake of Sam Bankman-Fried's Downfall
Solana's native token SOL has fallen roughly 90% in the past 12 months following the collapse of one of its most prominent backers, FTX. Solana Foundation's Head of Strategy and Communications, Austin Federa, joins "First Mover" to discuss his outlook for the blockchain. Plus, insights on SOL tokens' recent surge as the newly launched Bonk token gains interest in the community.
Solana's SOL Token Surges 20% as Dog Coin Bonk Fires Up Community Interest
Traders liquidated some $6.7 million worth of shorts amid rally, according to Coinglass.
Vitalik Buterin Tweets Support of Solana
"The Hash" panel discusses the outlook for Solana as its native token SOL erased most of Thursday’s 15% fall after Ethereum co-founder Vitalik Buterin tweeted support for the blockchain most battered by FTX’s implosion. “Some smart people tell me there is an earnest smart developer community in Solana, and now that the awful opportunistic money people have been washed out, the chain has a bright future,” Buterin tweeted shortly before SOL’s Thursday recovery began.
The Year Ahead for Crypto Markets: What to Expect
BTG Pactual Head of Digital Assets Andre Portilho, along with Rubicon Crypto Co-Founder and CEO Greg Johnson, join "First Mover" to discuss the year ahead for the crypto markets in the wake of FTX's bankruptcy. And, some New Year's resolutions for the crypto industry with a focus on markets, technology and regulation. Plus, insights on Solana after Ethereum co-founder Vitalik Buterin tweeted his support for the ecosystem.
Solana Price Rebounds as Ethereum's Buterin Tweets Support
But the “Sam coin” is still down nearly 95% this year.
Solana Has Fallen 20% This Week as FTX Jitters Linger
Solana (SOL) has fallen in the past 24 hours, despite most cryptocurrencies trading flat on Thursday. SOL's links to disgraced FTX founder Sam Bankman-Fried, who faces charges of fraud and misappropriation of client funds, could be adding to the recent selling pressure. "The Hash" panel discusses what this means for the outlook for the Solana ecosystem.
Solana Tokens Continue Steep Slide While Major Cryptos Stay Flat
SOL has dropped nearly 8% in the past 24 hours, adding to a 20% slide over the past week.
Why Solana Was Decimated by Bankman-Fried’s Downfall
The blockchain heavily tied to the disgraced founder of FTX has been badly wounded by his unmasking. Here are the headwinds facing the formerly hot project and its SOL token.
Solana’s Top NFT Projects Move to Ethereum, Polygon
DeGods and Y00ts, two of the top Solana non-fungible token (NFT) projects, confirmed to be leaving the Solana network for Ethereum and Polygon after months of speculation. "The Hash" panel discusses the migration and the implications for the blockchain ecosystem at large.