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Solana Founder Unfazed by FTX Troubles and Growing Blockchain Competition – Here's the Latest

Solana Labs founder Anatoly Yakovenko remains confident about the prospects of the Solana blockchain amid increasing competition from other emerging blockchain networks. 

At least six blockchain networks are set to launch soon, with Scroll, Linea, and the Coinbase-backed Base projects already gaining popularity among developers, potentially affecting market share for existing networks like Solana. 

However, in a recent interview, Yakovenko stated that he is unfazed by the new competition, claiming that none of these new networks can match Solana's speed, transactions, or number of nodes. 

He noted that some projects have recently moved to Solana due to the blockchain's technical superiority. Helium, a crypto connectivity project, and Render, formerly on Polygon, are two such examples. 

(by Ruholamin Haqshanas)

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