Solana TVL drops by almost one-third as FTX turmoil rocks ecosystem: Finance Redefined
Solana TVL drops by almost one-third as FTX turmoil rocks ecosystem: Finance Redefined
SOL/USD
-5.89%
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.
The second week of November could have been a bullish week, as Consumer Price Index data released on Nov. 10 indicates lower-than-expected inflation. This resulted in a significant rally for traditional stocks, but the crypto ecosystem is currently fighting its own demon.