Ethereum co-founder Vitalik Buterin’s Tweet Made “ETH Killer” Solana’s day
Solana blockchain’s native token SOL’s price got a shot in the arm after Ethereum co-founder Vitalik Buterin’s tweet about Solana’s dev community, recovered 15% loss booked as on December 29th, 2022.
Amid the devastating impact of FTX’s collapse on Solana Buterin, addressed his understanding about Solana in a tweet: “Some smart people tell me there is an earnest smart developer community in Solana, and now that the awful opportunistic money people have been washed out, the chain has a bright future.Hard for me to tell from outside, but I hope the community gets its fair chance to thrive.”
According to Bloomberg, the SOL price has plunged by 96% from its record-high of $261 (in November) to $10 amid hurt by TerraUSD led market turmoil, then added with FTX collapse. A day before, on December 28th, SOL price declined to as low as 12% due to panic, leading to large token’s holders to leave support.
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