‘Hang in there’ — Crypto Twitter encourages Solana community amid FTX onslaught

Cointelegraph

Published Nov 11, 2022 08:00AM ET

Updated Nov 12, 2022 10:00AM ET

With Solana (SOL) being heavily affected by the FTX debacle, Crypto Twitter expressed sympathy and hopes that its community can make a comeback.

Being one of many coins that FTX CEO Sam Bankman-Fried (SBF) supported, SOL has been hit heavily amid the FTX collapse. On Nov. 10, the total value locked on the Solana chain has fallen by 32.4%. The SOL token lost almost half of its value, dropping in value from $38 on Nov. 5 to $17 at the time of writing.

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