Exchanges Cancel Spot Trades USDC (SOL) And USDT (SOL) One By One
Binance announced that it has temporarily suspended deposits of USDC (SOL) and USDT (SOL) until further notice.
The exchange also has no further information on the suspension of the 2 tokens.
BitMEX, Bitget, and Bybit have also taken similar actions to Binance.
Currently, Solana is the token that has been hit hard by the FTX crisis. Its ecosystem has declined in terms of TVL as well as the amount of assets. At the time of writing, SOL is trading at $13.15.
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