Current cryptocurrency market and FTX_Official circumstances may prevent Solana from reaching its target of being an Ethereum killer
The cryptocurrency market is made up of cycles of projects that claim to be killers of giants. In the early history of Bitcoin , for example, altcoins that were said to be practice for everyday money emerged.
The altcoin that, in fact, managed to make a difference to the crypto environment was Ethereum . By not focusing on being a Without a doubt, these qualities would place Solana as a strong competitor for Ethereum. However, once again, history is seen repeating itself, and a project that declares itself to be a “killer” of its predecessor does not stop losing its market share., co-founder of BitMEX, no altcoin posing as an Ethereum killer has the ability to defeat the leading platform in smart contracts.
Another factor contributing to the skepticism surrounding Solana was the strong support it received from Sam Bankman-Fried , creator of bankrupt companies FTX and Alameda Research that made strong investments into the SOL ecosystem.
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