Solana (SOL) Founders Share “Optimistic” Vision for 2023
On January 31st, 2023, Solana (SOL) Founders Anatoly Yakovenko and Raj Gokal published a report describing the “values” that have reportedly propelled the Solana ecosystem despite the market downturn throughout 2022. "We believe 2023 will be a year where the Solana community really takes the reins and continues to build the framework for a decentralized and permissionless economy." The Electric Capital Developer Report confirmed that developers are flocking to Solana, with an impressive 83% growth year-over-year, which is “second in raw numbers only to Ethereum.” Furthermore, more than 2,000 monthly active developers are building on Solana, most of which stem from organic community growth. Since the Solana mainnet was launched in beta less than three years ago, the network’s high throughput and low fees have allowed developers to build projects, dApps, and tools that can only be built using the Solana network. The developments have purportedly led to Solana’s vision of a decentralized future based on fair access to finance, freedom, and security without centralized financial authorities dictating society. The Solana founders look to lead the industry into their future vision with optimism, stating that: The decentralized network has improved performance capabilities due to a series of upgrades on the Solana ecosystem. Increased transaction sizes and a live compact vote state to store and transmit less data on nodes are among the improvements made to the network. According to the Founder’s release, the stability and strength of the Solana network have shown resilience even amidst times of market volatility, such as November 2022 or the January 2023 “Bonk craze.” The Solana founders assert that the cryptocurrency industry is antifragile, and in their opinion, hostile attacks actually serve to make a network more robust. They further opine that bear markets have similarly positive effects, which they believe has proven to be true for Solana, among other ecosystems that have survived the crypto winter and experienced sustainable growth relative to prolonged downtrends. The reasonable growth displayed by Solana illustrates that bear markets are how networks approach development. With the crypto winter still ongoing, it remains to be seen if Solana proves to be a network that thrives when the bull market kicks off. Read more about Solana’s 24% increase, known as the BONK craze: Solana up 24% – BONK Enthusiasm or Sustainable Growth? Read more about Solana’s FTX recovery:
A vision for the Solana community in 2023, by @aeyakovenko and @rajgokal https://t.co/jVThrOuR04Solana Upgrades Lead Industry to Its Future Vision
“We believe these changes are positive ones overall that will lead the entire industry to realize its future vision. We have never felt more optimistic about this future.”
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