The post SOL Adoption is Real’: Solana Bags Unusual Validation Amid Bloated TPS Criticism appeared on BitcoinEthereumNews.com.

Solana adoption came into focus this week following a debate on its transaction activity and network revenue. Meanwhile, Kazakhstan introduced the first Solana exchange-traded fund with staking, confirming the coin’s adoption streak. This gives the blockchain new recognition beyond the ongoing discussions about inflated usage numbers. Justin Bons Defends Solana Adoption Justin Bons, the founder of Cyber Capital, defended Solana’s adoption after questions were raised about the quality of its activity. In his latest tweet, Bons said claims that Solana’s usage and revenue were fake are wrong. He explained that even after subtracting failed transactions and consensus activity, Solana still led in transactions per second. A user replied to his tweet that the problem was not whether the revenue was fake but whether it had lasting value. According to the user, much of Solana’s income came from priority fees linked to memecoin activity. This, they argued, did not show stable adoption but only short-term gambling trends. However, Bons answered that blockchains had always attracted speculation in early stages. He gave examples from Bitcoin’s Satoshi Dice period and Ethereum’s time of heavy NFT and ICO activity. Justin added that speculation was part of decentralized finance and should not be viewed as a weakness. In a separate tweet, Dave, another critic, said that Solana’s performance metrics were misleading. He pointed to a bot that had processed almost eleven million transactions in thirty days, with 99.95% of them failing. According to the update, Dave argued that these failed transactions still stayed on the ledger. He said this made it harder and more costly for archive nodes and analytics providers to manage the full history of the chain. Dave said low fees allowed bots to distort the network, turning transaction counts into what he described as vanity statistics. He added that high numbers did…

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Filed under: News - @ September 8, 2025 1:22 am