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    Home » Solana joins ranks of FTT, LUNA with SOL price down 97% from peak — Is a rebound possible? By Cointelegraph
    Solano

    Solana joins ranks of FTT, LUNA with SOL price down 97% from peak — Is a rebound possible? By Cointelegraph

    WebDesk31 December 2022No Comments1 Min Read
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    Solana joins ranks of FTT, LUNA with SOL price down 97% from peak — Is a rebound possible? By Cointelegraph
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    Solana (SOL), the cryptocurrency once supported by Sam Bankman-Fried, pared some losses on Dec. 30, a day after falling to its lowest level since February 2021.

    On the daily chart, SOL’s price rebounded to around $10.25, up over 20% from its previous day’s low of approximately $8.

    weekly price chart. Source: TradingView
    FTT (red) vs. LUNA (green) vs. SOL (blue) performance since November 2021. Source: TradingView
    SOL/USD daily price chart featuring Doji candlestick pattern. Source: TradingView