{"id":14341,"date":"2022-11-09T06:15:04","date_gmt":"2022-11-09T06:15:04","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/solana-sol-price-falls-25-as-ftx-news-hits-market\/"},"modified":"2022-11-09T06:15:04","modified_gmt":"2022-11-09T06:15:04","slug":"solana-sol-price-falls-25-as-ftx-news-hits-market","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/solana-sol-price-falls-25-as-ftx-news-hits-market\/","title":{"rendered":"Solana (SOL) price falls 25% as FTX news hits market"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2017\/06\/1667935724405-d7b53908-e491-47cf-a41a-4b188b397d84-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2017\/06\/1667935724405-d7b53908-e491-47cf-a41a-4b188b397d84-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2017\/06\/1667935724405-d7b53908-e491-47cf-a41a-4b188b397d84-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2017\/06\/1667935724405-d7b53908-e491-47cf-a41a-4b188b397d84-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><\/picture><\/div>\n<p dir=\"ltr\">Solana (SOL) is down more than 25% in the past 24 hours as crypto pops amid shocking news developments around the crypto exchange FTX.<\/p>\n<h2 dir=\"ltr\">SOL price dumps 25% as analyst points to Binance\/FTX crypto news<\/h2>\n<p dir=\"ltr\">The SOL\/USD pair, which was priced above $32 early Tuesday, has touched lows of $24 as selling pressure across the crypto market saw all the major cryptocurrencies turn red on news Sam Bankman-Fried\u2019s FTX was in trouble and Binance had moved in to help by agreeing an acquisition deal.<\/p>\n<p dir=\"ltr\">Ran Neuner, of CNBC Crypto Trader and founder of Crypto Banter, pointed to SOL\u2019s price woes as related to what a Binance deal for FTX means for Solana.<\/p>\n<p dir=\"ltr\">\u201c<em>Solana [is] getting killed<\/em>,\u201d he tweeted as crypto prices across the market fell. \u00a0According to the analyst, the market was just realising that Binance CEO Changpeng Zhao \u201c<em>now owns 10% of the tokens and that he would rather support the BNB chain than SOL<\/em>.\u201d<\/p>\n<p dir=\"ltr\">He added:<\/p>\n<p dir=\"ltr\">\u201c<em>Also Solana just lost all the support and investment that FTX and @SBF_FTX were making in the ecosystem.<\/em>\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Solana getting killed. Market realizing that <a href=\"https:\/\/twitter.com\/cz_binance?ref_src=twsrc%5Etfw\">@cz_binance<\/a> now owns 10% of the tokens and that he would rather support BNB chain than SOL. Also Solana just lost all the support and investment that FTX and <a href=\"https:\/\/twitter.com\/SBF_FTX?ref_src=twsrc%5Etfw\">@SBF_FTX<\/a> were making in the ecosystem.<\/p>\n<p>\u2014 Ran Neuner (@cryptomanran) <a href=\"https:\/\/twitter.com\/cryptomanran\/status\/1590043982046048257?ref_src=twsrc%5Etfw\">November 8, 2022<\/a><\/p>\n<\/blockquote>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/solana-price-analyst-explains-why-sol-is-getting-killed\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Solana (SOL) is down more than 25% in the past 24 hours as crypto pops amid shocking news developments around the crypto exchange FTX. SOL price dumps 25% as analyst points to Binance\/FTX crypto news The SOL\/USD pair, which was priced above $32 [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":14342,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/14341"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=14341"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/14341\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/14342"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=14341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=14341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=14341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}