Solana Is Suffering From Technical Problems But Is Still On An Upward Trajectory

    Solana faces technical issues but remains on an upward trend, driven by strong adoption, investor confidence, and ecosystem growth.

    Samik Ghoshal

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    Samik Ghoshal

    Updated Feb 13, 2025 8:29 AM GMT+0
    Solana Is Suffering From Technical Problems But Is Still On An Upward Trajectory

    The market is on edge due to pivotal macroeconomic changes that has brought hope as well as despair. The newly appointed SEC chief Mark T. Uyeda has taken a vow to make crypto more regulated and accessible. In the meanwhile, newly released tariffs by Trump sent the crypto market down the rabbit hole and prices started falling. As a result, investors and enthusiast dived deep to understand what needs to be done.  

    In one such assessment, Chief Investment Officer of Cyber Capital, Justin Bons found some major technical obstacles that Solana is riddled with. Bons took to X and discussed about some of the major problems that Solana is riddled with like power outage, a demanding hardware requirement, and so much more.  

    Flawed But Leading 

    Bons did not mince his words as he was critiquing Solana for its numerous flaws. Bons did agree that developers at solana has managed iron out some of the major kinks over time. Howevevr, the problem of power outage still persists and is still unsolved. As per Bons blockchains ‘should never go down’ at any cost. Bons brought to attention the problem of major scale congestion events that are usually related to network bugs and maintenance. Then again, he stated that this is an industry-wide problem that needs a permanent solution. 

    Second problem that Bons Discussed about the taxing system requirement. He stated, “The biggest hardware cost by far is RAM, with 256GB of EC memory! This costs thousands of dollars…” Subsequently, add the high cost of staking to that and you have a hefty upfront investment amount. Therefore, Solana is clearly not an accessible crypto asset for many. 

    Bons criticism caught Solana developer João Mendonça’s eyes and he retorted with his won set of data. Mendonça stated, “Solana is pushing every single limit known to this industry… it still has a >99.9% uptime with more than a year record of no stoppage of block production.” However, the dev did agree that accidents might happen due to single software client. This can overburden the system which can lead to a crash.  

    In fact, Bons agreed to Mendonça on this point and suggested that having more than one client can solve the problem of maintainence outage. Conversations like this really shows that the industry is still in its evolutionary stage and the innovation needs to continue. Follow for more crypto news.

    Samik Ghoshal

    Samik Ghoshal

    Editor

    Samik Ghoshal is a versatile writer with a special knack for blockchain technology, which brings a nuanced perspective to his work. His analytical skills and passion for cryptocurrencies made him a critical writer nurturing the world of NFTs, DeFi, and Web3 developments. Accuracy and enthusiasm to understand the crypto market sets his value for each informative content.

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