Web3 CEO Makes Mockery of Solana as It Drops Below Shiba Inu By CoinEdition

• Two Solana-based NFTs announced migration to other chains within 48 hours.
• A Web3 CEO believes Solana’s current provides a potential opportunity for greatness.
• Before the FTX fiasco, had a $13.5B market cap and traded above $37.5.

The CEO of MoralisWeb3 makes a mockery of the Solana (SOL) network as the blockchain project plunges further. The CEO laughed at Solana, saying it has lost its ranking, falling below even the meme which is worth less than a penny.

MoralisWeb3 CEO, with the username IvanOnTech on Twitter, asserted that blockchain developers are uninterested in building on a dying infrastructure like Solana. However, he believes the current situation provides a potential opportunity for greatness.

Solana is now below Tron and even SHIB Sadly, I think this is 2.0 Devs don’t want to build on a dying infrastructure, Solana projects likely migrate to EVM L2s

— Ivan on Tech

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