Ethereum co-founder Vitalik Buterin expresses support for Solana developers’ causing the SOL token price to hike, now trading at a price of $11.04.
Vitalik Buterin tweeted that “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.”
Buterin added “Hard for me to tell from outside, but I hope the community gets its fair chance to thrive”
The Solana ecosystem plummeted almost 98% to $210M, from its peak of $10.17B following the FTX crash. The fact that SBF and Alameda Research consistently backed Solana projects hurt them in the current market situation.