Solana Price Prediction as On-chain Data Suggests Alameda Wallets are Dumping Tokens - Can Solana Fall to $3?

SOL, the native token of the Solana blockchain, slumped under $10 for the first time since February 2021 on Wednesday, dropping 10% intra-day and extending its losses since the abrupt collapse of Sam Bankman Fried's seemingly corrupt FTX/Alameda crypto empire in early November to roughly 70%. Price predictions thus remain highly pessimistic. ...