๐Despite its speed and scalability claims, Solana (SOL), the so-called "Ethereum killer," is struggling to deliver. With a history of network outages and congestion issues, it's not quite living up to its promise of processing 50,000 transactions per second (TPS), peaking at around 1,000 TPS in reality.๐
Solana's network has been disrupted by meme coins, causing 75% of all non-vote SOL transactions to fail. Frequent network failures and inability to handle high traffic have raised questions about its reliability.
Despite these hiccups, Solana enthusiasts argue that congestion is a natural consequence of success. After all, Ethereum and Bitcoin had their share of growing pains too.
But can Solana really brush off these issues so easily?๐ค Let us know what you think in the comments!๐