<ul><li>Solana (SOL) has dropped 50% in the past five weeks.</li><li>The decline is attributed to market volatility, upcoming FTX estate unlock, and speculative frenzy in memecoins.</li><li>Crypto asset manager Travis Kling warns about the potential unraveling of the investment thesis of 'owning the casino.'</li><li>Kling also highlights the negative impact of memecoin speculation and mentions the potential bullish catalyst of the approval of spot Solana ETFs.</li></ul>

Solana Drops 50%—Asset Manager Warns ‘The Casino Is Collapsing’

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