Solana, who had technical problems for a long time and was even accused of being “overly central” by many community members, was able to stand up after the FTX bankruptcy.
Keeping up with Aptos
In particular, the fact that the beginning of the Aptos project coincided with the bankruptcy of FTX brought a huge decline in Solana, and experts stated that Aptos would come to the fore more from now on, and that dark days were waiting for Solana. As it is known, Aptos has also received large investments from VCs like Solana and is trying to stand out with its fast and cheap transaction features like Solana.
The way from $8 to $25…
While there were even comments for “Terra LUNA will live the fate of” for Solana, which fell below $ 9 just before the New Year’s, SOL managed to bounce back from here and managed to rise above $ 25 in the past days by making good use of Bitcoin’s rise.
Only MATIC left in front of you
Solana, which traded over $23 at the time the news was written, is taking firm steps towards re-entering the top 10 cryptocurrencies. Solana, who passed cryptocurrencies such as Shiba Inu, Polkadot, and Lido, currently only has MATIC, Polygon’s token. Reaching a market cap of $8 billion 777 million, Solana has risen more than 112% in a 1-month period and is now only 25% behind its pre-FTX bankruptcy level.
