Solana Ecosystem Revival: Rising from the Shadow of FTX
SOL price has risen over 500% from its low in 2023, thanks to its high-performance on-chain DEX (like Jupiter) and the meme coin craze. The pre-sale of the Solana phone Chapter 2 has been booming, indicating user interest in 'Web3 hardware'. However, network congestion and downtime issues still need to be addressed, or they may hinder mainstream adoption.