Solana adoption is under scrutiny: Cardano SPO Dave argues that bots inflate the network’s transactions per second (tps).
But it’s not all doom and gloom. Supporters counter that even after filtering out failed consensus transactions, Solana’s throughput remains impressive.
Plus, with more $SOL ETFs entering the market, the network is securing institutional confidence worldwide.
He pointed out that a single bot sent nearly 11M transactions in just 30 days, 99.95% of which failed.
His biggest concern is that those transactions don’t just disappear; they stay on the ledger, permanently clogging the chain. In turn, this increases the burden on the explorers and analysts’ platforms that depend on clean data.
The post received a mixed bag of responses. One user, however, defended Solana by highlighting how ‘Solana just increased its block size from 50M CUs to 60M,’ so it has even more room.
Notably, Kazakhstan’s Astana International Exchange recently listed a Solana ETF, marking the first $SOL ETF with staking in Central Asia. So, despite the skepticism, the blockchain’s still gaining legitimacy and expanding adoption.
For $SNORT, this is further confirmation that the chain its Telegram trading bot will run on from the get-go isn’t just fast and cost-friendly but also has institutional recognition. It provides a strong foundation for Snorter Bot’s growth and adoption.
In contrast, Ethereum averages only 19.87 tps with a theoretical maximum of 119 tps. This makes Solana 546x faster and far more cost-effective for executing trades through the bot.
Snorter Bot even goes as far as to say that it offers the lowest fees and fastest execution on Solana and, thus, overrides rival bots like Maestro and Trojan.
Across all chains, you’ll eventually be able to swap and automatically snipe new tokens. You’ll also be able to partake in copy trading to mirror top traders’ techniques to boost your likelihood of returns.
Although Dave criticized Solana for its TPS stats being ‘pure vanity,’ the blockchain is still one of the fastest and most cost-effective.
Plus, with growing institutional validation through ETFs, the blockchain’s legitimacy expands its reach beyond Web3 users.
This isn’t investment advice. Always DYOR and never invest more than you’re willing to lose.
