Alliance DAO founder: A large number of application developers have moved from Ethereum to Solana in the past 6 to 12 months

Odaily News Qiao Wang, founder and core contributor of Alliance DAO, wrote on X that shortly after the collapse of FTX, application developers migrated from Solana to Ethereum on a large scale. However, in the past 6 to 12 months, this trend seems to have reversed significantly. During this period, a large number of application developers were observed to switch from Ethereum to Solana, and almost no migration in the opposite direction was seen.