Why is Solana surging?

DISCUSSION

Im no crypto expert but from what I know Solana is a competitor of Ethereum which has its own network and cheaper fees. I know new altcoins can cheaply be purchased on the solana network. Is there anything Im missing? Im just trying to figure out why its becoming so popular so fast lately. Is there potential for it to eclipse ethereum?

I've honestly been both intrigued and confused and impressed by Solana's recovery. I mean the whole token collapsed, price fell to almost $10, and now just over a year later they've more than 10x right into 5th place on the crypto world stage.

If anyone can explain this recovery, that would be great. I imagine it's in part a strong community, I do see a lot of projects and building and even the NFT ecosystem on SOL seems solid. If people have utility with a blockchain that will certainly give it a good amount of strength. And perhaps there are other things going on, like solid development or some big investors who have stepped up since FTX imploded.#SolanaSurge