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Solana traders prepare for FTX-induced sell pressure on SOL — Is it premature?

For a long time, Solana (SOL) has been associated with the founder of now insolvent crypto exchange FTX and hedge fund Alameda Research, Sam Bankman Fried. He was an early investor in the project and invested in numerous Solana ecosystem projects during the 2020-2021 bull mania.So when FTX collapsed toward

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Ether Turns Deflationary as Amount of ETH Burned Spikes Amid FTX-Induced Market Volatility

On Wednesday, more than 5,000 ETH was burned, the highest single-day tally since June, according to Etherscan. More than 13,000 ETH have been burned in the past three days alone. The Ethereum Improvement Proposal (EIP)-1559, implemented in August last year, introduced a mechanism to burn a portion of fees paid

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