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FTX has redeemed $28M in Solana (SOL) amid bankruptcy proceedings, raising concerns about the impact on its price.

A closely followed crypto analyst and trader believes that Bitcoin (BTC) has more gas left in the tank despite its latest surge. Pseudonymous analyst Altcoin Sherpa tells his 224,900 followers on the social media platform X that he's bullish on Bitcoin after reclaiming support at around $60,000.

The Aptos token price is increasing due to all the positive buzz surrounding the project. Let's take a closer look at APT (APT) coin so we can understand the project and the factors that are currently influencing its price.

FTX and Alameda Research have unstaked 178,631 SOL tokens from a Solana staking wallet igniting concerns over potential sell-offs that could impact Solana's price and the broader cryptocurrency ecosystem. With the ongoing liquidation efforts by FTX, market analysts are closely monitoring the implications of this development for the future of Solana.

Bitcoin price touched $67k before retreating to $65 k, SOL price has momentum from its wider ecosystem while ADA has good entry point.

FTX and Alameda Research unstaked 178,631 Solana (SOL), valued at approximately $28 million, from a wallet tied to the collapsed crypto exchange on Tuesday, October 15.

While many new investors chase 100x returns in established cryptocurrencies, savvy traders are betting on Rollblock for its potential 800% rally and up to 250x profits by 2025. #partnercontent

Amid increased price volatility, the Solana price has maintained its value above the $150 mark. This has resulted in the Solana ecosystem regaining momentum over the past weekend. Moreover, memecoins for the SOL chain have recorded the highest gains.

TL;DR Solana surpassed $6.1 billion in total value locked (TVL) in October, the highest level since 2022. Raydium has driven much of the growth, with an additional $600 million, supported by the rise of memecoins. The network reached over 4 million daily active addresses, setting new participation records.

Blockcast has announced the launch of a new content delivery paradigm via a community-driven network, which is built on Solana.

Solana (SOL) price is seeing a modest bullish trend, hovering around crucial support levels. However, concerns have emerged as FTX plans to unstake approximately $27 million worth of SOL tokens.

The crypto ecosystem has returned to a bullish trend, fueled by Bitcoin (BTC), Ethereum (ETH) and Solana (SOL). While the market is undergoing a unique rally across the board, some traders are facing asset liquidations.

Solana has seen its total value surge to its highest level since January amid growing meme coin hype.

Solana approaches a critical $160 resistance level, with analysts and investors watching closely for a potential breakout that could lead to new highs.

Solana has surged ahead of Ethereum in weekly on-chain trading volumes, driven by a remarkable uptick in meme coin activity that now accounts for 40% of its trading landscape.

The cryptocurrency market continued its strong start to the week, with almost all major cryptocurrencies in positive territory. Bitcoin (BTC) is up over 2% in the past 24 hours and briefly climbed above $66,000 before dropping to its current level of $65,500.

According to data from Solscan, FTX/Alameda's Solana staking wallet has redeemed 178,631 SOL worth $28 million.

The connection between Solana (SOL), a major layer-one (L1) blockchain, and the collapsed FTX and Alameda Research still exists nearly two years after the companies' downfall. As FTX gears up to repay its investors starting in the fourth quarter, it's expected to speed up its Solana sales to raise the required funds.

FTX could be preparing to offload more of its Solana holdings, with the latest decision to unstake more tokens sparking fresh selloff fears.

Solana's price could face further downward pressure as the SOL staking address associated with FTX/Alameda redeems 178,631 SOL, valued at approximately $28 million.

The total value locked (TVL) in the decentralized finance (DeFi) ecosystem of Solana (SOL) has finally surpassed $6 billion, a level last reached almost three years ago.

Wanchain has expanded its reach in the non-EVM world with Solana integration.

In October, the total value locked (TVL) on Solana hit a new high, surpassing $6.1 billion. This marks the highest level since January 2022.

A crypto trader made significant gains with a new Solana meme coin trading, sparking discussions in the market. According to reports, the trader has made $2.42 million with an investment of $727, and that too in just four days.