Solana joins the ranks of FTT, LUNA with SOL price down 97% from peak – Is a recovery possible? Via Cointelegraph

Solana (SOL), the cryptocurrency once backed by Sam Bankman-Fried, pared some losses on December 30, a day after falling to its lowest level since February 2021.

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

Weekly price chart. Source: TradingViewFTT (red) vs LUNA (green) vs SOL (blue) performance since November 2021. Source: TradingViewSOL/USD daily chart with doji candlestick pattern. Source: TradingView

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