State of Solana

So from I’ve read it looks like

• project was massively propped up by SBF fraud money
• chain is unreliable, often halted, and moving forward some of the infrastructure under it will be turned off (funded by FTX)
• 75% of developers have left?
• in the last day, the two biggest projects have indicated they’re migrating to ETH (35% of current chain volume) (deGods and y00ts
• [my thoughts] assume FTX are holding coins / chain coins, that will be sold by the liquidators?

Is this a true indication of the current state of SOL? Because if so the project looks almost certain to die unless I’m missing something?