Cryptocurrency

Solana

Fantom

Giant

Billion

Andre Cronje, the founder of Fantom (FTM) and also considered one of the architects of today's DeFi system, reiterated his support for Solana (SOL) in his recent statement.
Cronje's statements come at a time when the Solana blockchain is overloaded by memecoins and a significant portion of users' transactions cannot be processed.
Cronje argued that the blockage was not a failure, but rather a testament to Solana's thriving ecosystem. “Solana has so much demand for block space right now that they need to optimize some bottlenecks,” Cronje said. He also said that these performance bottlenecks were engineering problems, not flaws in the consensus mechanism or any critical components.
Related News: <a href="https://en.bitcoinsistemi.com/giant-company-managing-5-6-billion-profits-most-from-these-4-altcoins-in-its-crypto-fund/" target="_blank" rel="noopener noreferrer nofollow">Giant Company Managing $5.6 Billion Profits Most from These 4 Altcoins in Its Crypto Fund</a>
With his statement, Cronje claims that Solana's current problems are a result of his success. The increasing demand for block space is seen as a clear indicator of the growing popularity of the platform and the expanding development of its ecosystem.
The founder, who had declared his support for the SOL in the past, said that after the latest problems, “those who previously warned him about the SOL have now started to say 'I told you so'.” Cronje rejected these criticisms, calling Solana's current situation a “victim of success”.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/legendary-cryptocurrency-developer-and-altcoin-founder-speaks-about-the-issues-at-solana-indication-of-success/" rel="noopener noreferrer nofollow">Legendary Cryptocurrency Developer and Altcoin Founder Speaks About the Issues at Solana: “Indication of Success”</a>

Legendary Cryptocurrency Developer and Altcoin Founder Speaks About the Issues at Solana: “Indication of Success”

Bitcoin Sistemi EN

Other articles published on Apr 6, 2024

3 Solana ecosystem tokens to avoid in April

Will Ethereum Survive IF Spot Ethereum ETF Denied Here’s 3 Key Possible Scenarios

Cardano, Ethereum Spearhead Growth in BlackRock ETF's Dynamic Portfolio

Pioneering the Bridging of Fiat and Crypto Worlds: Introducing IVEX, the Revolutionary Platform f...

Ripple (XRP) and Cardano (ADA) Will See Modest Gains, but 2024 Crypto Millionaires Will Come From...

Solana (SOL) Price Prediction April 2024, 2025, 2026, 2030, 2040 – 2050

Join our free newsletter for daily crypto updates!