Solana joins ranks of FTT, LUNA with SOL price down 97% from peak — Is a rebound possible?

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Solana (SOL), the cryptocurrency once supported by Sam Bankman-Fried, pared some losses on Dec. 30, a day after falling to its lowest level since February 2021.

On the daily chart, SOL's price rebounded to around $10.25, up over 20% from its previous day's low of approximately $8.

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