Ethereum Co-Founder Vitalik Buterin shared his opinion on Solana, which suffered greatly after the FTX crisis.
Solana, once an Ethereum killer, is now going through a very difficult time in the market and is likely facing an existential crisis as it moves towards 2023. The collapse of crypto exchange FTX triggered a massive freefall in the price of SOL, dropping below $10 for the first time in two years. As a result, SOL is also out of the top 20 cryptocurrencies list by market cap. Buterin commented on Solana’s experiences.
Ethereum Co-Founder Vitalik Buterin Hopeful From Solana
Vitalik Buterin, co-founder of Ethereum, expressed his hopes for the developer community of Solana, a rival blockchain project.
Buterin shared his own and others’ views on Solana’s future in his post on Twitter.
https://twitter.com/VitalikButerin/status/1608591727316684804
Vitalik Buterin tweeted:
“Some smart people tell me there’s a serious community of smart developers in Solana and now that the dreaded opportunistic moneymakers are cleared, the chain has a bright future.
It’s hard for me to tell from the outside, but I hope the community gets a fair chance to thrive.”
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