SOLANA: ACCELERATED ADOPTION

Summary from the TLDR Crypto newsletter

Solana's revival after the FTX collapse and bear market has solidified its spot as the third major crypto asset behind BTC and ETH. Its recent run began in Q3 2023, when Jito and Pyth started the modern airdrop wave, driving the ecosystem to new highs in various metrics, supported by an explosion in memecoins. Its network effects and performance are expected to grow further and host the next “big thing in crypto.” Though the network is congested, development is actively solving this problem, and the Firedancer validator client by Jump Crypto should drastically improve Solana's throughput.