- Solana rises to a yearly high of 687.09%, contributing to the rise of FTX’s SOL holdings.
- XRP lawyer Deaton tweeted that the FTX’s SOL holdings are now worth $6 billion.
- The lawyer also anticipates 2024 to be the biggest crypto year ever.
Solana, one of the major players in the crypto space, has been garnering attention over the past few days with its recent price surges. A report narrated the rise of Solana, a token often considered to be previously championed by Sam Bankman-Fried, the former CEO of FTX.
XRP’s leading advocate, John Deaton, took to X to share opinions on the rising value of FTX’s SOL holdings; reportedly, FTX holds 55.8 million SOL tokens. Following the court’s approval of FTX’s liquidation of assets, the SOL token bottomed out, signaling an upward trend. Confirming anticipations, SOL has seen a rise of 687.09% in one year, currently reaching $94.64 from September’s $18.25.
Solana’s Hike Symbolize Crypto’s Return
Reaffirming the crypto sleuth “Mr. Huber’s” findings on the impact of SOL’s growth on FTX’s SOL holdings, Deaton stated, “FTX’s SOL holdings are now worth almost 6 billion from 1 billion since th…
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