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FTX/Alameda’s Monthly SOL Redemptions Continue Amid Surging Solana Ecosystem Activity

  • FTX/Alameda carried out its regular monthly Solana (SOL) redemption and transfer, redeeming 181,232 SOL worth $41.46 million.
  • Since November 2022, FTX/Alameda has redeemed and transferred a total of 4.262 million SOL worth $484.53 million.
  • FTX/Alameda could continue selling SOL tokens for another three years based on their current redemption rate.
  • Solana's broader ecosystem continues to thrive, with total DEX volume surpassing $900 billion and liquidity nearing $2 billion.

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