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Solana price pressured by ongoing FTX-linked token sales despite steady network use.

Market News
13 Jun 2026
Tokenpost
View Source
Bearish
pluang ai news

Solana's price remains under pressure as FTX-linked wallets continue unstaking and moving large amounts of SOL tokens to exchanges, creating persistent sell pressure. Despite this, network activity and trading volume remain steady, with SOL up 10.31% over the past week but down over 26% in the last month. The market is closely watching how the remaining SOL held by FTX wallets will be sold, which could cap Solana's price gains. Meanwhile, Solana aims to expand into tokenized financial assets, potentially attracting institutional investors if regulatory and execution hurdles are overcome.

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