Ethereum Co-Founder Vitalic Buterineshared his opinion about Solana, who suffered great damage 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
Co-Founder of Ethereum Vitalic Buterineexpressed 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.
Some smart people tell me there is an earnest smart developer community in Solana, and now that the awful opportunistic money people have been washed out, the chain has a bright future.
Hard for me to tell from outside, but I hope the community gets its fair chance to thrive??
— vitalik.eth (@VitalikButerin) December 29, 2022
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.”