Solana (SOL) Drops Over 9% Amid FTX Founder's Guilty Verdict & Market Jitters

Solana (SOL), one of the best-performing crypto assets for 2025, has experienced a significant price drop, falling over 9.1% in the last 24 hours. This downturn coincides with the FTX founder's guilty verdict and growing concerns surrounding the liquidation of FTX's substantial Solana holdings.

Multiple factors are contributing to this downward pressure. Investors fear that FTX's $1.16 billion liquidation of Solana and other SOL-related crypto assets will crash its value. However, the bankruptcy court has to approve. The price of Solana (SOL) fell 9% amid a spat between the founders of Binance and FTX crypto exchanges, Changpeng Zhao and Sam Bankman-Fried., adding to market uncertainty.

Further exacerbating the situation, Solana (SOL) drops in price as 11.2 million tokens from FTX’s estate enter the market, raising concerns over potential sell-offs and their impact on network activity. Solana slips below its realized price for the first time in 3 years as FTX unstakes $22.9M in SOL, fueling bearish pressure. 12 de sept. de 2025

While the long-term future of Solana remains uncertain, this recent dip highlights the volatility of the cryptocurrency market and the impact of external events, such as legal proceedings and large asset liquidations, on even established digital assets. The asset gained. Stay tuned for further updates on Solana's price movements and market analysis.

World One News Page: Friday