Odaily Planet Daily News Qiao Wang, founder and core contributor of Alliance DAO, posted on X that shortly after the collapse of FTX, application developers migrated on a large scale from Solana to Ethereum. However, over the past 6 to 12 months, this trend appears to have reversed significantly. During this period, it observed a large number of application developers switching from Ethereum to Solana, while seeing almost no migration in the opposite direction.