The vast majority of FTX creditors intend to continue investing in cryptocurrencies despite the exchange’s collapse. Results from a survey conducted by NFTeven in partnership with Storible indicate that interest in Solana and AI-based projects remains strong. A significant portion of FTX creditors are planning to embark on a financial recovery journey following the exchange’s fall in 2022. According to the survey, almost 80% of creditors are considering reinvesting their repayments into cryptocurrencies despite FTX’s approximately $9 billion collapse. This development shows that optimism is still alive in the crypto world. The results of the survey conducted on February 19 by NFTeven in partnership with Storible suggest that a large number of FTX creditors maintain their interest in Solana (SOL) and AI-based projects for investment. Solana proves to be popular among FTX creditors. The survey, conducted on the online research platform Prolific, had 1,016 FTX creditors participating. Participants had to meet criteria such as having at least 10% of their portfolios in Solana (SOL) or holding at least $100 worth of SOL for over a year. Sixty-two percent of those surveyed plan to purchase Solana with their repayments despite past negative events. Even though incidents like the launch of Libra meme coin and the Meteora scandal adversely affected Solana’s value, creditors have not lost hope in the future of Solana. Forty-four percent of the creditors expressed interest in reinvesting in Solana-based projects. If Solana’s price drops below $145, 71% of respondents plan to purchase more SOL or hold onto their existing assets due to strong belief in the company’s long-term growth potential, considering the decrease as an opportunity to build up their assets at lower prices. Ethereum and BNB blockchain projects stand out following Solana. Ethereum was the second most favored blockchain after Solana, with 31% of participants planning to invest in it, while 16% preferred the BNB Chain. These results reveal that FTX creditors are not only interested in Solana but also in major ecosystems like Ethereum and BNB Chain. Meme coins remain popular among FTX creditors. As per the survey, one-third of participants plan to invest in meme coins, which are considered speculative assets. Furthermore, interest in AI-based projects has increased, with 31% of respondents indicating a preference for AI-supported blockchain projects. This signifies growing confidence in the impact of AI on the financial sector and digital assets. Effects of FTX’s Collapse and Recovery Process. The collapse of FTX and over 130 subsidiaries in November 2022 left a deep scar on the crypto market, causing Bitcoin’s price to plummet to nearly $16,000. Solana experienced a 94% decline, dropping to $9.60 by December 2022. FTX’s collapse led to an extended crypto winter in the industry. However, steps toward recovery in the sector continue. FTX’s Bahamas division carried out the initial repayment distribution for creditors on February 18. Creditors with claims under $50,000 received approximately $1.2 billion in capital. The second repayment distribution is scheduled for May 30, including a broader group of creditors. Future Expectations of FTX Creditors. As part of FTX’s recovery plan, creditors are expected to receive 118% of the value in cash. It is anticipated that by May 2024, the exchange will distribute between $14.5 billion and $16.3 billion. These developments could help investors regain confidence in cryptocurrencies and boost optimism in the industry following FTX’s collapse.