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Vitalik Buterin, the co-founder of Ethereum, recently expressed his hope for Solana's developer community.
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He tweeted that the "awful, opportunistic people have been washed away."
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Buterin acknowledged that it might be difficult for him from the outside, but he still wished them all the best.
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Many investors invested in Solana 2021, hoping to reap quick financial rewards and not caring about the future value of the technology.
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Buterin seems to believe it's the right time to find genuine developers passionately interested in blockchain's potential.
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Solana's market cap had fallen to just over $3 billion since November 2021, when it peaked at $260.
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According to CoinGecko, it currently occupies the 22nd spot in market capitalization.
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Moreover, the blockchain was plagued by technical problems throughout 2022 and experienced frequent network outages.