Solana ($SOL ):
Market Performance:
Price Forecast: Analysts warn of a possible drop to $120, especially with the imminent liquidation of assets by FTX, scheduled for May 30.
Technical Developments: The Solaxy project raised $28.8 million in its ICO. This Layer 2 solution aims to address congestion and downtime issues on the Solana network.
ETFs and Investments: Grayscale has filed for an indirect ETF involving Solana, which could increase investor interest and potentially raise the price of SOL