I remember this time last year Solana was left for dead for its association with FTX. Everyone was saying it was a failed project or could never come back

With the price skyrocketing recently, is it fair to say that Solana is making a full recovery in terms of its adoption and sentiment?

Like it’s hard for me to tell if it’s one of the best blockchains that had some bad press, or if this is a sucker’s rally?

  • FaustusFelix@alien.topB
    link
    fedilink
    English
    arrow-up
    1
    ·
    10 months ago

    Solana never died, at sub $15 and down to $8 a lot of the coins went to the real supporters and it became evident early this year that it was definitely still going to come back with all the development ongoing. Look at what happened at Breakpoint.

    Lots of people didn’t like it because they are aligned to their bags and created popular narratives but it only took a slightly inquisitive mind to find solid counterpoints to all those narratives.

    • LetsPost@alien.topB
      link
      fedilink
      English
      arrow-up
      1
      ·
      10 months ago

      On 12/29/22 I bought my most recent 5 sol at 8.66 a piece. Bought my first 5 at $204 and DCA’d all the way down. What a ride!