Solana has managed to solidify its position as a top blockchain in its post-FTX/Alameda crisis resurgence. With the active push of the community and the hard work of the Solana native team, the ecosystem continues to make progress. The significant growth in the price of SOL tokens and the stable performance of DeFi indicators have not only benefited the native Solana protocol, but also attracted the attention of non-Solana native protocols.
Solana’s native protocol has brought excitement to the market and attracted users from other ecosystems through a series of innovations and airdrop events. These efforts laid the foundation for Solana’s widespread acceptance and underpinned its status as a mainstream cryptocurrency.
At the same time, Solana is gradually becoming the new “home” for Ethereum developers. As more and more projects begin to recognize the active on-chain activity within the Solana ecosystem, the trend of migrating from Ethereum to Solana becomes increasingly apparent. This shift is not limited to small projects, some well-known blue-chip projects such as Aave and GMX have also begun to deploy on Solana.
While Ethereum and Solana employ different scaling strategies, applications should prioritize users and market activity when deploying. By deploying on different blockchains, blue chip protocols can reduce the risk of relying on a single chain and maintain their market share.
Overall, Solana’s rebirth after the crisis not only proves its strength as a top blockchain, but also brings new vitality and opportunities to the entire encryption industry. As more and more projects join the Solana ecosystem, we can expect to see more innovation and growth in the future.
