Solana is dying and it can’t find a buyer
Solana is down by 50% since Saturday and one million Solana tokens look set to be unstaked and dumped on the market any moment now.
Solana is down by 50% since Saturday and one million Solana tokens look set to be unstaked and dumped on the market any moment now.
According to trading platform Polymarkets, the question of whether Binance will get its FTX buyout over the line is almost too close to call.
FTX’s Ethereum cold wallet can’t be found and a series of transactions from FTX to Alameda deepen the relationship between the entities.
CZ and Sam Bankman-Fried have just announced that Binance will acquire FTX in order to help with a ‘liquidity crunch.’
FTX has stopped processing withdrawals of ERC-20 tokens, Solana, and Tron. This comes after Binance began liquidating FTX token.