Solana has been called an “Ethereum killer,” promising a faster, cheaper, and more scalable blockchain. But the truth is more complicated. While many believe Solana is the future of crypto, others see it as an unstable, centralized technology that’s ready to collapse at any moment.
Here are the facts that no one wants to admit:
Speed vs. Centralization:
Yes, Solana processes up to 65,000 transactions per second, while Ethereum still struggles to scale.
But at a cost: around 70% of the SOL supply is in the hands of a few validators. It's fast, but far from decentralized.
History of technical failures:
Solana has suffered several network outages, with downtime lasting up to 18 hours. Imagine a global financial system relying on a network that shuts down.
Who is really in control?
The concentration of SOL tokens in the hands of insiders and early investors raises questions about who truly controls the future of the network.
Why is it still worth paying attention?
Solana proved that high speed and low fees are possible, something Ethereum is still trying to achieve with ETH 2.0.
Projects like NFTs and DeFi are flocking to Solana, attracted by its efficiency.
The dilemma:
Is Solana really the future of blockchains, or are we looking at a giant with feet of clay, where every outage and centralized decision threatens to undermine its credibility?
Final question:
Are you betting on the next big thing or a bubble ready to burst?
