Coin Edition -
- Dan Gambardello revealed that 75% of transactions on Solana are currently failing.
- Gambardello favored Cardano over Solana, calling it a “top blue chip” blockchain.
- An X user highlighted that SOL developers are working on major fixes.
Crypto enthusiast Dan Gambardello, who is also the founder of Crypto Capital Venture, said that he has used both Solana (SOL) and Cardano (ADA) and prefers the latter in any case.
Around 75% of Solana transactions failing.Let me start by saying to be 100% fair, I was trading a newly launched token the other day on Cardano, and the transactions took longer than I would have liked there as well.All these chains have a ton of progress to be made.While… pic.twitter.com/aSBSzfBqfe— Dan Gambardello (@cryptorecruitr) April 4, 2024
In a post on social media platform X (formerly known as Twitter), Gambardello pointed out that around 75% of transactions on Solana are failing, adding that he is unable to understand the hype behind the cryptocurrency.
Gambardello highlighted that he is a Cardano bull but noted that while trading a newly launched coin on the blockchain, transactions took longer than expected. He concluded that blockchains like Solana and Cardano need a lot of improvement. Gambardello said:
“Today I was sitting there using Raydium (Solana DEX) as my transaction just waits there in pending and I really can’t help but wonder what all the Solana hype is about. Essentially, Solana currently has 75% transaction failure while lacking security & decentralization.”
While comparing the situation with Cardano, Gambardello noted that the ADA blockchain is working on multiple scaling solutions and is approaching major milestones. Meanwhile, he doesn’t see similar activity in Solana. The crypto enthusiast called Cardano a “top blue chip” blockchain.
As much as I think that $SOL is the chain for retail this cycle…the experience is fucking brutal lately pic.twitter.com/7pbjddTC6v— Altcoin Sherpa (@AltcoinSherpa) April 4, 2024
Another crypto community member pointed out on X that using the Solana blockchain has been a “brutal” experience in recent days, with multiple people agreeing in the comments.
dealing with congestion bugs sucks so much more than total liveness failure. the latter is one and done, bug is identified and patched and chain continues. the former has to go through the full release and test pipeline. shipping fast is impossible