Can Solana stay afloat without SBF and FTX?

SBF was a champion of Solana before he was criminally indicted. Now, Solana wants to move on – and keep its blockchain online.
SBF was a champion of Solana before he was criminally indicted. Now, Solana wants to move on – and keep its blockchain online.
Since it became clear that FTX and Alameda were struggling, the price of SOL has dropped over 50%, far greater than other network tokens.
Solana is down by 50% since Saturday and one million Solana tokens look set to be unstaked and dumped on the market any moment now.
On-chain researchers suggest FTX may be pulling assets from Solana’s Wormhole protocol to make sure it can cover liquidity needs.
Last night’s Aptos token launch went exactly as expected, collapsing almost 50% from its listing price in just a few hours.