Solana (SOL) saw gains during the 2021 bull market. The price went from under $2 to over $260 in less than a year. While many attribute the gain to the overall bull market, others point toward Sam Bankman-Fried (SBF) and his involvement and advocacy for the project.SBF was closely involved with Solana. He created Serum, a decentralized exchange, on the blockchain and invested in several other projects on Solana. FTX and Alameda Research also had large positions in SOL. This incentivized them to prop up the price of SOL through projects and proprietary trading. They amassed nearly 60 million SO…

Read More