MultiversX Tracker is Live!

[SERIOUS] So what happens to Solana now?

All Cryptocurrencies

by COINS NEWS 93 Views

As you probably all know, SBF/FTX/Alameda were the largest backers of Solana, and provided funding for pretty much every large project built on Solana. They were a massive part of its ecosystem and significantly contributed to its rise; listed the Solana token on its front page, would often be the first exchange to list Solana-based projects, would often be an early investor of these projects, helped build the first DEX on Solana (Serum) and also had it on the front page (as one of only 4 tokens alongside SOL, ETH and BTC), would shill Solana relentlessly on Twitter, etc.

So it's no surprise that Solana took a massive beating as the FTX mess unfolded. What do you think happens to Solana now? They recently partnered with Google Cloud, had Instagram support Solana NFT's, will soon launch a Solana-based "Web 3 Phone," is one of the largest blockchains in terms of projects built on it, has a massive NFT community, etc. Will it survive without FTX or will it slowly fade away into irrelevance?

I'm using the serious tag in hopes that the "offline" jokes are kept to a minimum. They're kinda overused lol.

submitted by /u/MaximumSandwich5
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments