đ Solana's network is facing a surge in transaction failures, with 75% of non-vote transactions reportedly failing. But don't fret, it's not all doom and gloom! đȘ
đč Altcoin Sherpa remains optimistic about Solana's potential for retail adoption despite the current hiccups.
đč Helius CEO Mert Mumtaz disputes the 75% failure rate, attributing most unsuccessful transactions to bot spam, not Solana's throughput.
đč Ryan Rzepecki, Spectra Citiesâ founder, highlights the need for seamless operation of different applications on the same chain, stressing the importance of composability over sovereignty.
đč Rzepecki likens the current crisis to the FTX collapse, emphasizing the magnitude of the challenge Solana faces.
đ€ What do you think? Is this a bump in the road or a major setback for Solana? Let's chat in the comments! #Solana #Layer1 #DeFi
