Big news about Solana (SOL), a type of cryptocurrency! Its price has dropped recently, reaching its lowest point since October. This is partly because a big company called FTX, which had lots of Solana, is selling it off to pay back money it owes.
- Solana's price fell to $126.
- FTX is selling off millions of Solana tokens.
- People are worried about more price drops.
- Activity on Solana's network has slowed down.
| Fact | Number |
|---|---|
| Lowest SOL price | $126 |
| SOL tokens unlocked by FTX (March 1st) | 11.2 million |
| Possible future price range (low) | $100 - $110 |
| Possible future price range (high) | $150 - $166 |
Experts aren't sure what will happen next. The price could go lower, or it might bounce back up. It's all very exciting!
