Solana Drops 50%—Asset Manager Warns ‘The Casino Is Collapsing'

Solana (SOL) has plummeted 50% in almost a straight line over the past five weeks, a decline that coincides with heightened market volatility, speculative frenzy in memecoins, and looming sell pressure from the upcoming FTX estate unlock.

Feb 27, 2025 - 12:32
Solana Drops 50%—Asset Manager Warns ‘The Casino Is Collapsing'
SOL SolanaSolana (SOL) has plummeted 50% in almost a straight line over the past five weeks, a decline that coincides with heightened market volatility, speculative frenzy in memecoins, and looming sell pressure from the upcoming FTX estate unlock.

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