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FTX Solana Unlock Triggers SOL Nosedive Below $160
- Solana price drops below $160 amid market concerns over the FTX unlocking event, increasing supply risks.
- Solana hits a low of $158, marking a 6.55% drop for the day, as market jitters intensify.
- Solana's market cap is now $77.84 billion, with a fully diluted valuation of $94.29 billion.
- Solana's decentralized exchange (DEX) volume declines by 36.35% reflecting a broader market cooling.
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