The post Solana’s web3 future shaken as 1Fuel technology launches public presale appeared on BitcoinEthereumNews.com.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana faced major disruptions from meme coins, steering investors toward 1Fuel, a new crypto with 50x growth potential. Cracks appeared on the Solana Infrastructure this past weekend as two meme coins caused massive disruptions. This has led investors to consider a new crypto project with up to 50x potential, 1Fuel. Summary The Trump and Melania meme coins caused unprecedented congestion on the Solana Blockchain 1Fuel has emerged as one of the leading presales in 2025, with over 150 million tokens sold The third stage of the 1Fuel Presale is currently $0.017 Solana outages resume after meme coin launch Over the weekend, the launch of two meme coins, TRUMP, and MELANIA, significantly disrupted the Solana ecosystem. These launches triggered massive congestion, delays, and numerous failed transactions. Although optimists look to this to be a plus for cryptocurrencies, underlying cracks in Solana’s infrastructures make this less likely. Interest in these meme tokens surged in anticipation of the president’s second term inauguration, leading to a rush of retail investors eager to invest. This unprecedented surge in activity caused extensive congestion across the network. The impact extended beyond Solana-based services like Jupiter and Phantom; even centralized exchanges such as Coinbase and Binance experienced outages related to Solana transactions. Mert Mumtaz, CEO of Helius Labs, discussed the outage and attributed it to factors including extraordinarily high volatility, excessive use of compute Units, and fee inconsistencies. The high volatility in meme coin prices resulted in settings for low slippage, which increased the likelihood of transaction failures. Despite Mumtaz’s optimism about the situation, the general perception of the event remains negative. The Solana community is questioning whether the current infrastructure can handle the surge in transactions…

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Filed under: News - @ January 24, 2025 7:26 pm