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Solana sol bankman friedSolana, once championed as the “Ethereum Killer” has seen the price of its native token SOL tank by roughly 47% over the past week dominated by the FTX train wreck. SOL is the second largest-holding of Alameda Research, and was heavily promoted by former FTX CEO Sam Bankman-Fried, who resigned today.  According to an earlier report by CoinDesk, Alameda held $292 million of “unlocked SOL,” $863 million of “locked SOL” and $41 million of “SOL collateral,”  as of June 30, 2022. Akeel Qureshi, core contributor to Solana-based Hubble Protocol and Kamino Finance told BitcoinLinux that the current crypto crisis ensuing

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Author: coinmaker