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This Meme Coin Saved Solana

After Sam Bankman-Fried’s FTX collapsed in 2022, the future of Solana looked bleak. But from the fraud-fuelled ashes came a meme coin that saved the network. Bonk was created and airdropped to a ton of Solana developers...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

This Meme Coin Saved Solana
After Sam Bankman-Fried’s FTX collapsed in 2022, the future of Solana looked bleak. But from the fraud-fuelled ashes came a meme coin that saved the network. Bonk was created and airdropped to a ton of Solana developers as a way to bring back fun vibes to the network. In many ways, it worked.

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This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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