Good morning.

What seems like an eternity ago but was only last week (a lot has happened with the crypro space and FTX caused most if not all of it). We were looking at buying some SOL for our portfolio, I like a bargain so when the prices dropped I bought as much of my favorite tokens as I could but held off on SOL.

I thought the price would go lower but I was of the opinion that I would pick some up at some point as I know they are bringing out their Saga phone and they have the deal with Helium and Tmobile that I would have hoped would raise the price next year.

At the moment though when reading that $700 million has exited Soana based apps which is around a 70% drop I am unsure whether this is a sale price to buy at or just a realistic price now FTX is not propping up Solana.

What do you think? Is this a good price? can Solana get a good recovery in time?

I would love to hear your thoughts so please feel free to comment.

Screenshot from coinmarketcap.com/currencies/solana/