I read online about how Layer 2 projects like optimism and Arbitrum have both flipped solana in TVL, are Layer 2 projects going to take over Solana in future? Also solana is the only project that is not EVM chain compatible, how is this not bad for Solana?.
Layer 2 blickchain, open up alot of new development that could help solve many problem abd helo advance the push for cryptocurrncy scalability at whatever point, but in most current, solana has be weak after it crashed when the frx crisis was rocking the market.
But with the support of their community the pruce was able to recover back to arou d $14 which is not too significant for me but at least it shows sifn of recovery.
But me personally, I can't consider Solana as a good investment choice because of its recent market movement and its involvement with the so-called had ftx.