$SOL has faced recent selling pressure in the wake of FTX_Official's collapse, as SBF_FTX was a prominent backer of solana. 'What we saw was a huge amount of market panic when this news initially hit,' Austin_Federa says. Watch more:
Solana's native token SOL has fallen roughly 90% in the past 12 months following the collapse of one of its most prominent backers, FTX.
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