Could FTX Repayment Storm Kill SOL USD Price? Whales Rotate Into SOL Beta Play

Could FTX Repayment Storm Kill SOL USD Price? Whales Rotate Into SOL Beta Play

Early this year, the court approved the FTX crypto exchange repayment, applying pressure on SOL. This led to some serious problems with price. First repayment goes to creditors with less than $50k, started in February with 11. 2 million SOL unlock

Solana shatters 400B transactions – Will this help SOL reach $150?

Solana hits $400B transactions and sees $4.72B in weekly hot capital inflows, signaling renewed momentum. Where does SOL go from here?

FTX repayments loom over Solana

This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Solana is stalled sideways, with the broader crypto market hitting some light turbulence. SOL is trading at $145.45 midweek, down 2.5% from last Wednesday and now drifting crabwise after a month-long rally that pushed it up nearly 30% from April lows.  Despite the modest cooling of momentum, Solana continues to print usage at speed. Over the past 30 days, transac…