Market realizing that Binance now owns 10% of the tokens and that he would rather support BNB chain than SOL. Also Solana just lost all the support and investment that FTX were making in the ecosystem. Is solana going to suffer and what could be its repercussions on the whole crypto economy..
Its just a smart contrat platform that no one is using. There is no big dex, not so much of TVL, not much userbase. Nothing will happend to whole crypto economy. Maybe people will be more sceptical about investing in shitcoins - which has net positive impact on market. SOL is only a overhyped, overpriced project.
