The relationship between Solana (SOL), a top-tier layer-one (L1) blockchain, and FTX and its sister firm, Alameda Research, persists almost two years after the collapse of the cryptocurrency exchange.
FTX is expected to speed up its Solana sales to repay distressed investors, starting from the fourth quarter. This move has sparked concerns about the potential impact on SOL prices.
The news has raised questions about the stability and future price movements of Solana in the cryptocurrency market.