Quote from: tygeade on Today at 06:13:20 PM

Quote from: stadus on Today at 09:38:05 AM

Quote from: Paul Pogba on Today at 09:23:09 AM

Many panicked and if we look at the trend of Solana being almost the same as FTX a few days ago so that Solana dropped significantly, I hope Solana can recover and strengthen again, now attacking each other the founders of cryptocurrencies and exchanges is so massive that it hurts the market.

No, compared them wrongly. Because what happened to FTX is a different issue, unlike Solana which is all about the development of the project and people aren't looking at it valuable anymore. I thought before that Solan becomes one of the promising coins in the future. In fact, I have the plan to invest more but too lucky enough that it this project shows the real situation and withdraw my plan.
Though I wasn't hopeless yet to seeing Solana will recover but the chances are very slim. We know investors are really hard to please if they already had suffer losses from a particular project.

The difference between "one of them stole, the other failed" is not as big as you think it is. Solana offered 65k TPS and got frozen even at 15k which means that they are not what they claim they are and that's going to cause a ton of problem for the investors.

Solana is something that failed, at least to me it is something that failed, they are not scammers they are not shady they are not stealing your money but they just failed to succeed which means that it is not really that much different from getting hacked or something. This is why it has been over a year since I owned any solana, I have sold all my solana and got out because to me it's just a purely failed project.

A downturn like this risks a lack of investor confidence in my Solana, which has decreased by half in price (50%) as a result of this case. Their failure could be very bad this year for them, especially going forward with the issue of a severe recession in 2023.