(((cryptocurrency)))
Value
Nontangible, fiat will never have value.
(((cryptocurrency)))
>Value
Nontangible, fiat will never have value.
- Solana has lost over $50 billion in value since the beginning of 2022, a year marked by outages, overloads, and significant exposure to Sam Bankman-Fried’s FTX exchange.
- Proponents argue that Solana is more critical than ever as a decentralized finance platform, but recent price action suggests that investors continue to be skeptical even after the broader crypto markets have stabilized.
- Solana was designed as an efficient and speed-first platform, using an innovative consensus mechanism to differentiate itself from ethereum, but has faced developer attrition throughout the year. . . . more
https://www.cnbc.com/2022/12/30/solanas-accelerating-yearlong-slide-wipes-out-over-50-billion.html
> - Solana has lost over $50 billion in value since the beginning of 2022, a year marked by outages, overloads, and significant exposure to Sam Bankman-Fried’s FTX exchange.
- Proponents argue that Solana is more critical than ever as a decentralized finance platform, but recent price action suggests that investors continue to be skeptical even after the broader crypto markets have stabilized.
- Solana was designed as an efficient and speed-first platform, using an innovative consensus mechanism to differentiate itself from ethereum, but has faced developer attrition throughout the year.
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.
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more
https://www.cnbc.com/2022/12/30/solanas-accelerating-yearlong-slide-wipes-out-over-50-billion.html
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