How Helius co-founder Mert Mumtaz became Solana’s best known and fiercest defender on Crypto X… and sometimes its biggest critic.
Mert Mumtaz left Coinbase to found Solana developer tools firm Helius in June 2022. But just a few months later FTX collapsed, taking the price of SOL down 60% with it.
Solana had soared to its all-time high of $260 a year earlier, in November 2021, thanks in part to its high-profile champion, billionaire FTX founder Sam Bankman-Fried.
But when it became apparent SBF was headed to jail over the $8 billion fraud, many thought Solana might never recover. But if you think Mumtaz was worried about his fledgling companys future, youd be wrong.
