Solana price prediction: 1.56 million SOL must move after the validator incident

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The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Analysis: after a key incident at five Solana validators, the Solflare validator no longer generates rewards, and around 1.56 million delegated SOL are due to move by November 30. We show why the coins are safe, which price levels around $93 matter and what investors in Germany need to know for tax purposes.Add as a preferred source on GoogleFollow on Google NewsOn Solana, staked coins have to move even though not a single one of them was stolen. According to data cited by the industry outlet Unchained, around 1.56 million SOL were delegated on October 28 to the validator run by the Solflare wallet, which has stopped generating rewards after a key incident at a staking service provider. Solflare has now extended the deadline for switching to a new validator to November 30, and the SOL price stood at $92.99 on Tuesday evening, November 3. What is established: on October 26 and 27, unknown parties used operating keys from five Solana validators and, by the calculation of analytics...

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