On December 30, 2022, Solana fell into its darkest hour, when SOL once fell to $8, the lowest price since the collapse of FTX. On the same day, Chris Burniske, former head of crypto at Ark Invest and current partner at Placeholder VC, published a "milk article" on X, publicly calling for more SOL and saying that he would continue to increase his position. In November 2024, Ethereum gradually fell into a low ebb due to narrative bottlenecks and other reasons. Burniske published a similar "milk article" again on November 17, publicly supporting Ethereum and predicting that the chain will be revived in the next few years.