Matthew Dibb, COO and co-founder of Stack Funds, said, “Sol has been underperforming relative to other Layer 1s recently, however, it is proving relatively stable given the hack today.” Nevertheless, he said he expects continued selling pressure over the short run as details of the hack emerge.
Crypto Majors Subdued After Fed’s Hawkish Stance
The biggest cryptocurrencies fell during the European morning, extending the subdued mood after the Federal Reserve trimmed interest-rate cut expectations...