Solanas Top 6 Spot Is Crypto Hype on Steroids

Okay, Solana’s fast as hell and fees are basically free. I get the hype. But let’s be real: its top 6 spot is pure crypto hype on steroids. This chain got some redflags, and issues that would kill smaller projects. Yet it’s still mooning? Someone explain this to me, cause I’m not getting it

Remember that 18-hour crash in Feb 2024? Or the seven other outages since 2021 (check Solana Status)? That ain’t “growing pains,” it’s a decentralization dumpster fire. A few validators can just hit the reset button like it’s a laggy PlayStation. If you think that’s “trustless,” I’ve got a bridge to sell you. Crypto is supposed to be bulletproof, not “oops, we’ll reboot it.”

Liquid staking should be Solana’s secret sauce, but it’s hard to trust when the is this shaky. Stuff like Jito ($2.4B TVL, ), Marinade ($1.3B, tons of validators), and The Vault (vSOL, spreads stake to small validators). The Vault is cool though for trying to fix Solana’s centralization mess by backing underdog validators.

Just feels like it’s a house of cards. Tech is great until it dies. I used to really love Solana until this stuff has given me a real wake up call.