• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Fantom CEO's Defense of Solana Amid Network Woes

user avatar

by Giorgi Kostiuk

2 years ago


The creator of Fantom, Andre Cronje, has expressed support for the Solana network during recent transaction problems experienced on the platform. Cronje, known as a significant figure in decentralized finance (DeFi), stated that the network's issues are not due to problems with its consensus mechanism but are primarily technical obstacles.

Despite criticism labeling Solana's ongoing congestion as a flaw, Cronje attributed the situation to the rapid growth of the ecosystem, leading to increased demand for block space. Recent data from Dune Analytics shows that a high percentage of non-vote transactions failed on April 4, which some argue has been misunderstood.

Acknowledging Solana as a victim of its success, Cronje's defense was supported by some community members. They emphasized that while blockchain technology is praised for its capabilities, increased demand that causes temporary user experience problems often triggers negative reactions, even though users desire higher usage.

Solana's CEO, Anatoly Yakovenko, expressed frustrations with addressing congestion bugs, highlighting the challenges in resolving such issues. The network has faced downtime in block production in the past, with previous significant outages occurring in early February 2024. Solana is currently the fifth-largest cryptocurrency by market capitalization, with its price experiencing fluctuations in recent weeks.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

SYRUP Approaches Critical Resistance Level

chest

SYRUP is trading near a significant resistance level after rebounding from long-term support, with traders monitoring for breakout confirmation.

user avatarKenji Takahashi

Kweichow Moutai Establishes AiMoutai Digital Technology to Focus on Blockchain

chest

Kweichow Moutai has established AiMoutai Digital Technology to focus on blockchain and internet services.

user avatarMaria Fernandez

BUSD Represents Outstanding Stability Within a Transitional Market

chest

BUSD functions as a dynamic liquidity reference, signaling capital rotation during consolidation phases.

user avatarRajesh Kumar

Monero Approaches All-Time High After Years of Consolidation

chest

Monero is on the verge of breaking its all-time high after nearly a decade of price consolidation.

user avatarLuis Flores

US Government Faces Record Interest Payments on Debt

chest

The United States is facing a significant fiscal challenge as interest payments on government debt reached a record $1.47 trillion in Q3 2025, highlighting the growing cost burden of financing deficits.

user avatarArif Mukhtar

Stellar and Bitcoin Cash Maintain Stability

chest

Stellar and Bitcoin Cash continue to operate effectively amidst the current market slowdown, maintaining focus on utility and functionality while avoiding volatility.

user avatarDavid Robinson

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.