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Why Solana Was Decimated by Bankman-Fried’s Downfall

Altszn.com by Altszn.com
December 28, 2022
in Metaverse, NFT
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Why Solana Was Decimated by Bankman-Fried’s Downfall
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The consequences of growing Solana skepticism have been dire, based purely on numbers. From a peak price of $258.78 on Nov. 6,2021, Solana’s SOL token has declined to just over $10 today, Dec. 28. That’s a drop of -96.1%, vastly sharper than the drawdowns from peak for BTC (-74.5%) and ETH (-74.6%). It’s even a sharper drop, incredibly, than dogecoin has seen in the bear market – the memecoin is down a mere 76% since its October 2021 peak.



Read More: www.coindesk.com

Tags: BankmanFriedsDecimateddownfallNFTNFTsSolana
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    • bitcoinBitcoin (BTC) $ 103,767.00
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    • leo-tokenLEO Token (LEO) $ 8.68
    • usdsUSDS (USDS) $ 1.00
    • litecoinLitecoin (LTC) $ 103.47
    • polkadotPolkadot (DOT) $ 5.05
    • wethWETH (WETH) $ 2,363.62
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    • wrapped-eethWrapped eETH (WEETH) $ 2,523.18
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    • ethena-usdeEthena USDe (USDE) $ 1.00
    • whitebitWhiteBIT Coin (WBT) $ 30.37
    • bittensorBittensor (TAO) $ 444.84
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    • nearNEAR Protocol (NEAR) $ 2.97
    • aptosAptos (APT) $ 5.74
    • daiDai (DAI) $ 1.00
    • okbOKB (OKB) $ 54.98
    • aaveAave (AAVE) $ 215.81
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    • susdssUSDS (SUSDS) $ 1.05
    • ethereum-classicEthereum Classic (ETC) $ 19.39
    • internet-computerInternet Computer (ICP) $ 5.52
    • crypto-com-chainCronos (CRO) $ 0.102050
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • official-trumpOfficial Trump (TRUMP) $ 14.33
    • bitcoinBitcoin (BTC) $ 103,767.00
    • ethereumEthereum (ETH) $ 2,361.24
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.38
    • bnbBNB (BNB) $ 662.83
    • solanaSolana (SOL) $ 171.70
    • usd-coinUSDC (USDC) $ 0.999998
    • dogecoinDogecoin (DOGE) $ 0.223475
    • cardanoCardano (ADA) $ 0.793358
    • tronTRON (TRX) $ 0.262671
    • staked-etherLido Staked Ether (STETH) $ 2,360.10
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 103,630.00
    • suiSui (SUI) $ 3.98
    • chainlinkChainlink (LINK) $ 16.28
    • avalanche-2Avalanche (AVAX) $ 23.98
    • wrapped-stethWrapped stETH (WSTETH) $ 2,840.94
    • shiba-inuShiba Inu (SHIB) $ 0.000016
    • stellarStellar (XLM) $ 0.300893
    • hedera-hashgraphHedera (HBAR) $ 0.207023
    • hyperliquidHyperliquid (HYPE) $ 25.23
    • bitcoin-cashBitcoin Cash (BCH) $ 420.32
    • the-open-networkToncoin (TON) $ 3.36
    • leo-tokenLEO Token (LEO) $ 8.68
    • usdsUSDS (USDS) $ 1.00
    • litecoinLitecoin (LTC) $ 103.47
    • polkadotPolkadot (DOT) $ 5.05
    • wethWETH (WETH) $ 2,363.62
    • moneroMonero (XMR) $ 314.11
    • wrapped-eethWrapped eETH (WEETH) $ 2,523.18
    • bitget-tokenBitget Token (BGB) $ 4.74
    • pepePepe (PEPE) $ 0.000013
    • pi-networkPi Network (PI) $ 0.738017
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999898
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 103,807.00
    • ethena-usdeEthena USDe (USDE) $ 1.00
    • whitebitWhiteBIT Coin (WBT) $ 30.37
    • bittensorBittensor (TAO) $ 444.84
    • uniswapUniswap (UNI) $ 6.50
    • nearNEAR Protocol (NEAR) $ 2.97
    • aptosAptos (APT) $ 5.74
    • daiDai (DAI) $ 1.00
    • okbOKB (OKB) $ 54.98
    • aaveAave (AAVE) $ 215.81
    • ondo-financeOndo (ONDO) $ 1.03
    • susdssUSDS (SUSDS) $ 1.05
    • ethereum-classicEthereum Classic (ETC) $ 19.39
    • internet-computerInternet Computer (ICP) $ 5.52
    • crypto-com-chainCronos (CRO) $ 0.102050
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • official-trumpOfficial Trump (TRUMP) $ 14.33