The Defiant - DeFi Podcast cover image

FTX Fallout's Ugliest Turn Yet

The Defiant - DeFi Podcast

CHAPTER

Solana's TVL Is Down 70% Compared to 7% With Ether.

Solana's TVL is down almost 70%. It's at 303 million. Its token is down 25% compared to 7% with Ether. And Solana was deeply, I don't remember if it was FTX or Alameda which invested in one of Solana's rounds. But a lot of Solanas projects were very closely tied. So yeah, they were like heavily intertwined. Now, you know, Solana is taking the hit because of that.

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