{"id":279784,"date":"2024-04-09T00:26:42","date_gmt":"2024-04-08T18:56:42","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=279784"},"modified":"2024-04-09T00:26:42","modified_gmt":"2024-04-08T18:56:42","slug":"fantom-ftm-founder-andre-cronje-shows-support-for-solana-amid-network-congestion-issues-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/fantom-ftm-founder-andre-cronje-shows-support-for-solana-amid-network-congestion-issues-crypto-news\/","title":{"rendered":"Fantom (FTM) Founder Andre Cronje Shows Support for Solana Amid Network Congestion Issues &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400\">Fantom (<\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/fantom\/\"><span style=\"font-weight: 400\">FTM<\/span><\/a><span style=\"font-weight: 400\">) co-founder Andre Cronje says the Solana (<\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/solana\/\"><span style=\"font-weight: 400\">SOL<\/span><\/a><span style=\"font-weight: 400\">) network is a victim of success as the smart contract platform faces criticisms due to congestion issues.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In a post on social media platform X, Cronje <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/AndreCronjeTech\/status\/1776492925838344398\"><span style=\"font-weight: 400\">says<\/span><\/a><span style=\"font-weight: 400\"> that Solana\u2019s recent outages are only because of its rising user activity and popularity.<\/span><\/p>\n<p><i><span style=\"font-weight: 400\">\u201cSeeing a lot of \u2018I told you so\u2019s\u2019 against Solana, because *checks notes* Solana currently has so much demand for blockspace that they need to optimize some bottlenecks (which also by the way, is just an engineering hurdle and not a fault of consensus or any critical component).\u201d<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400\">Solana went through a period last week when over 70% of its non-vote transactions <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/0xMert_\/status\/1771700602629730795\">failed<\/a>, prompting the network\u2019s co-founder Raj Gokal to <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/rajgokal\/status\/1775892720227397710\"><span style=\"font-weight: 400\">assure<\/span><\/a><span style=\"font-weight: 400\"> users that developers were working on the issue.\u00a0<\/span><\/p>\n<p><i><span style=\"font-weight: 400\">\u201cWorld-class engineering teams are working around the clock to push fixes to improve the experience of submitting transactions on Solana. I am messaging them multiple times a day asking how it\u2019s going, and they tell me this is a very helpful way to contribute to the solution.\u201d<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400\">Solana co-founder Anatoly Yakovenko also <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/aeyakovenko\/status\/1776068458742223143\"><span style=\"font-weight: 400\">shared<\/span><\/a><span style=\"font-weight: 400\"> his thoughts on the network\u2019s technical woes, saying there\u2019s no fast and easy way to fix the congestion problem.<\/span><\/p>\n<p><i><span style=\"font-weight: 400\">\u201cDealing with congestion bugs sucks so much more than total liveness failure. The latter is one and done \u2013 [the] bug is identified and patched and [the] chain continues. The former has to go through the full release and test pipeline. Shipping fast is impossible.\u201d<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400\">After hitting a low of $168.07 last week, SOL is now trading for $178.01.<\/span><\/p>\n<p><em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Check <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Follow us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">Twitter<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\">Facebook<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Surf <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p>&amp;nbsp<\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><span style=\"font-size: 10pt\"><em>Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Fantom (FTM) co-founder Andre Cronje says the Solana (SOL) network is a victim of success as the smart contract platform faces criticisms due to congestion issues. In a post on social media platform X, Cronje says that Solana\u2019s recent outages are only because of its rising user activity and popularity. \u201cSeeing a lot of \u2018I [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":279785,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-279784","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/279784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=279784"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/279784\/revisions"}],"predecessor-version":[{"id":279787,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/279784\/revisions\/279787"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/279785"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=279784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=279784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=279784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}