Fintech and Web3 experts are ‘losing trust’ in Solana over unstable network
The decentralized finance (DeFi) Solana (SOL) network is among the most monitored cryptocurrency projects as the development team works to position it as an Ethereum (ETH) competitor. However, Solana’s growth is threatened by network-related issues like frequent outages.
Despite the concerns, 37% of the 55 fintech and Web3 specialists indicated they still have full trust in Solana, while 30% exhibited optimism the network challenges are part of the growth trajectory. Notably, Solana’s primary cause of outages has not been identified, a factor that divided the experts. Indeed, 22% of the panel stated that the outages are due to low-cost transactions, while the rest cited a bigger issue like centralization.
Source
@Solana_Updates
