The fall of crypto exchange FTX, while unprecedented, has little reason to damage the Solana ecosystem, Yakovenko said, even though FTX founder Sam Bankman-Fried was a vocal proponent of Solana, voicing support for multiple network applications via token listings, investments and promotions.
This Is Why Altcoin Investors Struggle Despite Bitcoin, Ether Sitting Near Yearly Highs
Constantly diluting supply with token unlocks, selling pressure from venture funds, lack of fresh inflows to crypto and seasonal trends...