After four months of declines following FTX’s collapse in November, transactions on Solana have rebounded thanks in part to a fresh buzz around NFTs drowning out murmurs of the blockchain’s prior ties to Sam Bankman-Fried.
FTX sister firm Alameda Research was heavily invested in SOL, Solana's native cryptocurrency, and the collapse of FTX and Alameda cut the token’s value in half. But the Solana ecosystem has soldiered on, and, according to cofounder Raj Gokal, it's not looking back.
