If you were around during the FTX crash, you know what real pain on Solana felt like. Back then, only a fraction of what got liquidated yesterday was enough to make the entire ecosystem feel dead for weeks. No bounce, no optimism, just pure despair. Most people genuinely thought it was over for Solana.
This time it’s a whole different story. Yes, it was the biggest liquidation event in crypto history, but look at how the market handled it, almost instant recovery, insane volatility, and people still trading, building, and even joking around. That’s real maturity and strength. I still feel for those who got hit and I’m sending them all my love, but I can’t help seeing the bright side in all this.
When the biggest wipeout in history doesn’t kill momentum, it’s actually bullish. This showed us how alive and liquid Solana is and how it’s able to take massive stress and keep running like nothing happened, which was unthinkable during the FTX days.
Let’s not overlook the tech, Solana stayed fully operational the entire time. No lag, no downtime, no failed transactions, no spike in fees, just flawless performance under insane pressure. This liquidation event served as a great test for Solana and we passed.
I’m still unbelievably bullish.
Send Solana to trillions.
Over the last hour, Solana's network demonstrated resilience under extreme demand:
- Raw transactions spiked to 6-10k per second
- Utilization reached up near 60 CUs per block
- Median transaction fees remained low
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Another thing helping me stay bullish despite an entire month of bleeding from my assholes, is the fact that $ETH / $BTC pair historically bottoms around this time of the cycle and that charts is so far still holding up exactly as it should since the 8 year uptrend is still not invalidated.
If history rhymes, as it often does, this is yet another signal that if the bottom for this pair is already in - Altcoin Season is about to take off.
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