An Old SBF Favorite Becomes Crypto’s Next Big Thing https://www.bloomberg.com/news/articles/2023-12-21/bankman-fried-favorite-so... The devastating collapse of FTX last year swept up one of the crypto industry’s hottest blockchains: Solana. Hailed for its high speeds and cheap transaction fees, the blockchain previously championed by Sam Bankman-Fried saw the price of its SOL token plummet in the wake of his FTX crypto exchange’s implosion.