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MNCurt's avatar

Where do you think the Solana ecosystem is at in terms of DeFi? It sounds like the overall narrative at the moment with Solana is more a bearish one to me. What do you think Solanas DeFi future looks like?

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Kyle's avatar

I said today that Solana pushed 100k txs per sec. Thats really damn fast. The problem is that currently about 40% of transactions fail - it's been as hight as 70%. This is a well know problem and network uptime is a major importance for the lack of institutional prescence. I would say Solana has a potential future with its sleek UI, but if transactions keep failing, will people want to stay? Or for example, why did Robinhood choose Arbitrum over Solana?

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