Solana (SOL) made a remarkable comeback after sliding into single digits back in December 2022. Solana price jumped by 112% in the last 30 days to trade at $25, at the press time. However, the SOL network has been hit by another bad news amid the recovery.
Everlend Finance, a DeFi lending protocol mode on the Solana blockchain, announced a full closure. The shutdown is led due to a liquidity crunch.
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The post Solana Based DeFi Lending Protocol Shuts Down; SOL Price To Feel The Heat? appeared first on CoinGape.
