Solana had it's ups and downs. But they had been building during bear market.
They are working with Jump Crypto team to build "Firedancer", a new validator client. Which is targeted to launch Q4 2023. It will improve scalability, reliability and speed. Also the cost per transaction will improve even further. They tested 1M tps using 4 cores. Which is quite incredible. They are also looking to add support for compressed NFTs and executable NFT assets.
On top of these, legit big project are moving to Solana. Helium did it last year and Render announced they will move to Solana as well. These are testament to their capabilities and future improvements.
These developments make Solana pretty bullish in my opinion. Show Less
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