#SOLANA , is the most efficient blockchain in the world: it can currently handle 50,000 transactions per second with block times of 400 milliseconds. Solana is then called the Ethereum Killer. Or more precisely, the blockchain which could take its place in terms of leadership.
$SOL , the native token of SOLANA is experiencing a meteoric rise in 2021, notably benefiting from the bull Market. It was during this period that SOLANA Foundation attracted the attention of crypto enthusiasts and the media. Melania Trump even publishes her first NFT on the Blockchain. On November 6, 2021, SOL reached its ATH at $246.03 (CoinMarketCap). But this incredible rise of SOLANA, which makes it one of the success stories of the crypto world, is short-lived...
In 2022, the asset is hit hard by the FTX scandal. Since its launch in 2020, the blockchain has been very closely linked to the FTX platform. FTX held 982 million SOL at that time. Suffice to say that SOLANA's exposure at FTX is great. Much too big. Sam Bankman-Fried, then founder of FTX, a centralized cryptocurrency exchange platform, is arrested and charged with fraud and stealing money from his clients. Unsurprisingly, FTX brings with it dozens of companies including BlockFi, a digital asset lender, also closely linked but also the price of SOL. The SOL goes from $246 to $9 in a few weeks. The fall is dizzying. SOLANA will lose more than 96% of its value. The Ethereum Killer is almost gone. Everything suggests that a crypto giant is experiencing its last moments...
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