Evaluating the state of Solana [SOL] ecosystem post FTX demise
TVL held on Solana has declined by over 60%. User activity across the network also fell. SOL offered no respite to users as it has since fallen by 62%. Severely impacted by the sudden collapse of cryptocurrency exchange FTX, total value locked (TVL) held across decentralized finance (DeFi) protocols housed within the Solana [SOL] network has since declined by 67%, data from DefiLlama revealed. Read Solana [SOL] price prediction 2022-2023 According to the DeFi TVL aggregator, on 6 November, when Binance founder and CEO...