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4 Ethereum hit a seven-month low, trading at $1,543.

4 Toncoin has given back its recent gains, with a sharp decline of 10% in the last week.

4 Solana's value has been diminished by his connections to the ongoing Sam Bankman-Fried case.

Despite recent investment from institutional investors, the crypto market is having a rough week, with leading cryptocurrencies such as Ethereum_ and Solana experiencing significant losses.

Ethereum: Unprecedented Drops

In a tough week for cryptocurrencies, Ethereum took a significant share of the market decline. Currently trading at $1,543, the coin has dropped over 6% in just one week. This decline is not just a momentary situation for Ethereum; The current value of the asset is the lowest since March. The price of Ethereum_, which underwent a major update a year ago, has not increased much in this volatile market, despite being a greener protocol.

The Open Network's Toncoin: From Up to Down

Among the top 20 cryptocurrencies, Toncoin (TON) was hit the hardest with a 10% loss in value in the last week and is currently trading at $1.95. The coin, which experienced a rise after Telegram introduced a self-made digital wallet for its users, has now given back most of its recent gains.

Solana's Connection to a Controversial Figure

Solana, which ranks eighth in terms of market capitalization, lost almost 8% of its value last week. This decline appears to be linked to the ongoing Sam Bankman-Fried feud. Solana was a previous main asset of the now-bankrupt FTX digital brand and has come up several times in the court process.

Other Significant Market Drops

Only Ethereum, Toncoin and Solana are not affected by these negativities in the market. Ripple (XRP), Polygon (MATIC), and Bitcoin Cash (BCH) are among all the big losers, with their prices dropping over 8%. Additionally, Bitcoin, the largest and oldest asset, is currently trading at $26,759, down 4% on a weekly basis.$SOL $ETH $MATIC