Solana founder: The FTX collapse did not crush the Solana network, and developer activity remains vibrant

2023-05-04 18:42:15
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ChainCatcher news, Solana founder Anatoly Yakovenko stated during his appearance on CoinDesk TV that he is not worried about the prospects of the Solana blockchain in an increasingly competitive environment. In the face of future pressures from emerging blockchain networks like Scroll, Base, and Linea, Yakovenko remains confident in Solana's technology.

Anatoly Yakovenko said on the show: "None of them are as fast as Solana, none have the powerful transaction processing capabilities of Solana, and none have as many nodes running as Solana. I believe we are still far ahead in terms of technology, and we can see projects like Helium migrating from their own networks to Solana, and Render also voted to migrate to Solana."

Furthermore, regarding the impact of the FTX collapse on Solana, Yakovenko believes that FTX founder SBF was indeed a strong supporter of Solana, expressing support for multiple applications on Solana through token listings and investments. Although the decline of FTX was unprecedented, there is almost no reason to believe it could undermine the Solana ecosystem. He explained that there are still many developers unrelated to FTX participating in building on Solana, with over 800 projects emerging from the last hackathon, which was the largest hackathon in Solana's history, occurring two months after the FTX collapse. (CoinDesk)

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