Solana Resurges as Lower-Cost Ethereum Alternative, Nearing Uniswap in Trading Volume
• Solana (SOL) token and blockchain network saw a major resurgence in 2022 after a rough start, now back in the top 5 cryptos by market cap
• Solana is gaining momentum as a lower-cost, faster alternative to Ethereum for DeFi and other dapps, with trading volumes nearing Uniswap's
• Recent surge driven by meme coin mania and airdrops, but shows Solana’s potential as a serious Ethereum competitor
• Comes as Ethereum remains the top layer-1 blockchain for DeFi in total value locked, but Solana is making up ground
• Milestone 10-year anniversary of Mt. Gox hack and failure, which stole 850K bitcoins; former users now starting to get some repayment