$SOL price up 8% after update about 28.5-million-token unlocking is provided solana ftxcrash cryptonews ftx ftt
on the tens of millions of SOL to be unlocked today. Thus, according to the explanations provided, out of the 29 million SOLs unlocked, representing 5.4% of the total token offering, 28.5 million are resent to staking and will be unlocked at a later date.
According to the source, the situation is solely due to a ban on cryptocurrency-related activities by cloud service provider Hetzner. At the same time, Solana announced a partnership with Google Cloud, which launched a validator for blockchain., which had fallen 56% since the beginning of the week, rebounded by 8% in one moment, also fueled by a marketwide correction.
However, SOL remains under great pressure as a result of the collapse of one of the largest holders of the token, the
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