Hey Guys,
I could help but notice that many of you were asking me to do a Solana update, especially after I revealed I was selling all my SOL last week's newsletter. In short, I Solana's future is seriously at risk because of the FTX-Alameda situation.
That said, I do think there is hope for Solana on the horizon. I spent some time talking about some seriously bullish updates about Solana and a few promising projects that were just about to enter their prime. It's truly a damn shame that they have been set back.
Another thing to keep in mind is that Solana is likely to face lots of regulatory scrutiny due to its close affiliation with FTX. The SEC recently announced it was investigating the exchange, and we all know how the SEC is when it comes to any altcoin.
Let me know what you think of my analysis in the comments…
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⛓️ 🔗 Useful Links 🔗 ⛓️
► FTX Alameda Research Investments: https://www.theblock.co/post/186058/a…
► Sui Raises 300m: https://cointelegraph.com/news/former…
► Solana Neon EVM Layer: https://www.theblock.co/post/183651/n…
► Solana Labs, Foundation FTX Alameda Exposure: https://solana.com/news/solana-facts-…
► Solana Upcoming Upgrades: https://solana.com/news/solana-networ…
► SEC Investigating FTX: https://www.wsj.com/articles/sec-inve…
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
