haider (@Haider) “After the FTX collapse in 2022, many assumed Solana activity would permanently d” — TopicDigg

After the FTX collapse in 2022, many assumed Solana activity would permanently decline. Instead, the network kept growing across users, developers, stablecoin transfers, DEX volume, and consumer activity. What’s notable is the diversity of usage. The growth wasn’t driven by one narrative. Over the last few years Solana became a major hub for DeFi, memecoins, payments, prediction markets, gaming, AI apps, and retail trading simultaneously. Low fees and fast finality changed user behavior. When transactions cost fractions of a cent, entirely new categories of high-frequency onchain activity become viable. Even memecoins, despite the criticism, became one of crypto’s largest onboarding funnels, bringing millions of users onchain and driving wallet growth, liquidity, and trading volume. Regardless of whether someone is bullish on solana:So11111111111111111111111111111111111111112 itself, the data increasingly shows Solana evolved from a speculative alt L1 into one of the most actively used blockchain networks in crypto.