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According to Solana Compass, Alameda holds over 48 million Solana tokens, and some of those tokens won't unlock for years. Given FTX's bankruptcy, this stake will likely be liquidated as quickly as possible.
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Solana continues to deal with the fallout of FTX and Alameda Research's collapse. The two companies were among the largest investors in Solana and that's hurting the token's value just by being associated with the blockchain. But there may be more to the story.
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The price of Solana, a cryptocurrency token that had been lauded by FTX founder Sam Bankman-Fried, fell 10.36% on Wednesday, and is down 94.2% so far. SOL has dropped 51.14% since the furor around FTX began unfolding on Nov. 2.
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A group of FTX.com customers want their identities to be kept secret during the crypto exchange's bankruptcy process. The users, who claim to be owed $1.9 billion, asked for a court order to keep their names shielded from the public.
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SOL price recovers as Vitalik tweets support for Solana community Ethereum creator Vitalik Buterin seemingly helped Solana recover single-handedly, as he praised the project on Twitter. The price of Solana (SOL) sat close to $9.44 for much of today. It then fell
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Twins Cameron and Tyler Winkelvoss are facing a significant class-action lawsuit from investors who used Gemini, their cryptocurrency exchange. Aggrieved investors believe the exchange and Winkelvosses sold them interest-bearing accounts that weren't registered as securities.
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