Don’t SOL yourself short with inflows of around $3.7M


A bullish investor waking up this morning to check their portfolio probably encountered scenes of extreme [financial] violence as jagged red lines dominated the charts and even Bitcoin crashed below $40,000.

However, the main question now is how the alts are faring. While some have praised their resilience, others might just see their once favorite coins bleeding out their own value.

In particular, let’s take a look at Solana [SOL]. Once touted as the “Ethereum Killer,” the crypto had fallen behind Ripple’s XRP and was the seventh biggest crypto by market cap at press time. SOL was changing hands at $102.06, having fallen by 8.15% in the past day and losing 23.44% of its value in a week.

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