#FTXrepayment It looks like the price of $SOL will impact heavily in the coming weeks.

The sale of tokens of the bankrupt FTX to pay off debt to investors and the release of more than 11,000,000 Solana tokens for trading, worth more than $ 2,000,000,000 in March of this year play a key role in this event.

The increase in supply and pressure on sales will certainly spur players to play short.

There are other reasons, namely that Solana is losing popularity and liquidity due to fraudulent machinations with meme coins, and the recent scandal associated with the President of Argentina. This meme coin has added to another coin of sorts who have reached their peak and then went down like Trump, Melania, etc.

Only rarest of the tokens like Floki, Bonk, etc. have survived and stayed relevant.

There are people who are speculating sudden fall in the market of SOLANA but I feel that there is more than what meets the eye.

However, We All Know, Dear Friends, that the cryptocurrency market is very manipulative, and that large investors can raise a panic, then buy at a low price, and then inflate the price again.

Or they can do the opposite, triple the price and offer new projects.

Surely there are other scenarios for the upcoming events.

Share your thoughts in the comments, Dear Friends!!!