- Vitalik Buterin tweeted that Solana has “a bright future.”
- Solana’s price has fallen below $10 for the first time in two years.
- Many projects have left Solana, indicating a need for confidence among developers.
Solana has endured an exceedingly difficult road this past year, falling from $173 to under $10. Matrixport, one of Asia’s largest crypto lenders, announced that it would remove Solana and Solana U from its platform.
Matrixport, the asset management platform founded by Jihan Wu, announced that it will delist SOL and SOL-U dual-currency investment products on December 30, and will not launch new Solana products in the future.— Wu Blockchain (@WuBlockchain) December 29, 2022
The collapse of FTX set off a significant freefall in Solana’s price, which hadn’t dipped below $10 in the past two years. Despite market sentiment hitting rock bottom, Vitalik Buterin, co-founder of Ethereum, extended his support. He said: ...
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