Undoubtedly, 2022 was not one of the best years for Solana (SOL). The cryptocurrency that arrived on the crypto market with promises of being an "Ethereum killer" has had a lot of performance difficulties in the last 12 months. But will everything be different for the altcoin in 2023? Read more on U.Today https://u.today/can-solana-sol-recover-in-2023

Solana (SOL) validators released a total of 50.7 million SOL, equivalent to over $940 million, on November 10, when the last epoch finished, the second-largest number of tokens to be unlocked in any Solana timeframe.

Despite the FUD that surrounded Solana [SOL] over the past year, the interest in its NFTs remained strong. However, this interest in Solana NFTs might start to decline as major NFT collections, DeGodsNFT and y00tsNFTs plan to migrate to other blockchains.

According to a fresh fund flow report from CoinShares, Solana-focused investment products attracted $200,000 last week, posting its second consecutive positive weekly result. The achievement came for the first time since the collapse of FTX, during which, in addition to a massive sell-off on the secondary crypto market, there was an exodus of funds from such investment products. Read more on U.Today https://u.today/solana-sol-attracts-fund-flows-second-week-straight-for-first-time-since-ftx-collapse

SOL price jumped 20% after falling to its worst level since February 2021 with Solana's technicals suggesting that more upside is possible.

Solana (SOL) has been one of the hardest-hit coins as a result of the collapse of the now-bankrupt cryptocurrency exchange FTX. The Solana team revealed in a blogpost that before it paused withdrawals, the Solana Foundation had nearly $1 million in cash or cash equivalents on FTX. Solana’s market capitalization has dropped from nearly $80 billion in November 2021 to just under $5 billion today.

Chris Burniske of VC firm Placeholder, the author of many early models of digital asset valuation, explained why Solana (SOL) looks special to him despite having a terrific year. Independent innovation, committed community, easy-to-use product: Chris Burniske is bullish on Solana

Despite the doomtalk around Solana that has persisted in the industry since the FTX implosion, the network still remains one of the biggest networks in the industry. After comparing it to Ethereum, it becomes clear that Solana easily reaches the level of the second-biggest network on the market in several ways.

SOL price has been unable to close above a key resistance level of around $17.50 despite its big rebound in the past two weeks.

Solana blockchain’s native token SOL’s price got a shot in the arm after Ethereum co-founder Vitalik Buterin’s tweet about Solana’s dev community, recovered 15% loss booked as on December 29th, 2022.

Solana’s usage data and ecosystem development do not support the recent bullish rally, raising the probability of a SOL price correction.

Solana (SOL) co-creator Anatoly Yakovenko has chimed in on the expansion of some of the blockchain’s biggest projects to other chains.

Investor in stocks and Bitcoin Mike Alfred has tweeted to liken Solana's native token SOL to Santa Claus in that, while children believe in Santa, some adults still have faith in Solana and hope to see a rise of SOL in the future.

Traders liquidated some $6.7 million worth of shorts amid rally, according to Coinglass.

Solana has managed to show positive gains even during the crypto crisis in the second quarter of 2022. While the broader market drawdown has been prevalent across the entire market, Solana has retained users and activity from the previous quarter.