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bio protocol faces price drop amid expansion to solana network

Bio Protocol's price plummeted to $0.52, losing over 64% of its value since January 3, amid a broader crypto market decline. Despite this, the decentralized science network expanded to the Solana blockchain, enabling lower-cost token swaps and aiming to establish itself as a multichain platform.In partnership with Wormhole, Bio Protocol plans to launch more Bio Decentralized Autonomous Organizations (BioDAOs) while raising $30.3 million for research projects. However, recovery from the current price crash may take time, reflecting trends seen in other recent airdrops.
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15:29 09.01.2025
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