@Benerci 10 November 2022 more from that month

Solana Founders Rally Supporters as SOL Falls 57% Amid FTX Collapse Leaders and builders are trying to keep positive spirits despite the crashing price, triggered by crypto exchange FTX’s unraveling Solana (SOL) has lost more than half its value in just over a day after FTX’s liquidity crisis was revealed. Founders and developers are attempting to motivate users and help them weather the storm, but more trouble may be in sight. Nearly every major cryptocurrency is in the red this week after crypto exchange FTX revealed its liquidity crunch—and it’s getting worse now that Binance has opted not to rescue the firm. And outside of FTX’s own FTT token, no top crypto is taking it harder right now than Solana. Solana (SOL) has fallen 60% over the last seven days to a current price of under $13 per token, according to data from CoinGecko, including a 45% plunge over the past 24 hours. Since news of FTX's liquidity issues broke on Tuesday morning, Solana has lost over half of its value—about 57%. Now key founders of the blockchain network are attempting to salvage fading enthusiasm around the space as the ecosystem suddenly finds itself embroiled in crisis. #sol #solona #falls #Collapse