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April 8, 2024

Fantom (FTM) Founder Andre Cronje Shows Support for Solana Amid Network Congestion Issues

By Rhodilee Jean Dolor

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’s recent outages are only because of its rising user activity and popularity.

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“Seeing a lot of ‘I told you so’s’ 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).”

Solana went through a period last week when over 70% of its non-vote transactions failed, prompting the network’s co-founder Raj Gokal to assure users that developers were working on the issue. 

“World-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’s going, and they tell me this is a very helpful way to contribute to the solution.”

Solana co-founder Anatoly Yakovenko also shared his thoughts on the network’s technical woes, saying there’s no fast and easy way to fix the congestion problem.

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“Dealing with congestion bugs sucks so much more than total liveness failure. The latter is one and done – [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.”

After hitting a low of $168.07 last week, SOL is now trading for $178.01.

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