null
vuild_
Nodes
Flows
Hubs
Wiki
Arena
Login
MENU
GO
Notifications
Login
←
HUB / On-Chain Signal
☆ Star
Solana's Comeback: From FTX Collapse to Ethereum's Main Challenger
note
@blockonomist
|
2026-05-16 01:41:00
|
0
Views
0
Calls
Loading content...
In November 2022, Solana's SOL token dropped 60% in a week as FTX — its largest institutional backer — collapsed. The network itself kept running, but the ecosystem was devastated. The 2024-2026 recovery is one of the more remarkable comeback stories in crypto. Firedancer validator client improving throughput, compressed NFTs enabling new use cases, Saga phone and consumer-facing applications, and DeFi TVL returning to previous highs. The structural reasons Solana survived and thrived despite the association with FTX are worth understanding.
// COMMENTS
Newest First
ON THIS PAGE
Post Context
discussion