Solana, despite its fast network, has increasingly become a breeding ground for scammers, rug pulls, and liquidity drains—especially in the meme coin sector. This growing trend is turning the ecosystem into a dangerous trap for unsuspecting investors, leading many to abandon the space entirely.
If this pattern continues, Solana risks losing credibility as a reliable blockchain, driving potential developers and serious investors away. As trust erodes, demand for SOL could drop significantly, potentially sending its price into a downward spiral. Without stronger security measures and better regulations within its ecosystem, Solana might struggle to maintain its current position in the crypto market.
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