Bitcoin Steady at $26K, SOL Slightly Dips After FTX Gets Approval to Sell Crypto

Solana’s SOL also advanced earlier today, but then swiftly dipped more than 2% following the court decision. The imploded exchange holds $1.16 billion of the token, stoking fears about dumping, but part of the stash is locked as venture investment and not available for sales. Despite the decline, SOL was still up 1.2% for the day.