Solana Is Facing Hate After A Reputation Hit While PlutoChain Could Attract Whales
The post Solana Is Facing Hate After A Reputation Hit While PlutoChain Could Attract Whales appeared on BitcoinEthereumNews.com.
Solana (SOL), once seen as a major Ethereum competitor, is now dealing with network issues and fading trust in its community. What does this mean for its long-term adoption and price? On the other hand, PlutoChain ($PLUTO) might gain whale attention because of its hybrid Layer-2 solution that could bring serious improvements to Bitcoin’s ecosystem. Here’s what you need to know. Can Solana Recover Its Reputation and Regain Investor Confidence in 2025? Solana has been facing a wave of criticism lately, with its reputation taking a hit due to ongoing network issues. DonAlt, a well-known crypto analyst, recently pointed out that Solana has gone from being one of the most beloved blockchains to one of the most hated, largely due to the rise of scams and unreliable performance. A big part of the backlash comes from repeated slowdowns and failed transactions, especially as meme coins flood the network. These tokens bring higher trading activity but they also expose scalability issues, which makes Solana feel unreliable during peak demand. DonAlt suggests that Solana’s leadership may have overlooked this problem, allowing it to escalate. To fix these issues, Solana’s development team has rolled out updates aimed at reducing congestion and improving performance. However, despite these efforts, many are questioning whether Solana can truly handle large-scale adoption or if its reputation will continue to decline. PlutoChain ($PLUTO) Is a Hybrid Layer-2 Breakthrough That Could Make Bitcoin Faster, More Affordable, and Ready for the Future Bitcoin has revolutionized finance, but it still struggles with slow transactions, high fees, and network congestion. Waiting 10 minutes or more for a payment to go through isn’t ideal, especially when fees spike due to network demand. This makes Bitcoin impractical for everyday transactions, whether it’s sending small payments, making purchases, or transferring funds internationally. PlutoChain ($PLUTO) is a…
Filed under: News - @ February 21, 2025 1:23 am