Meme Coin Frenzy Highlights Solana dApp Limitations | Airdrop Alert Pro

Not long before serving as the president, Donald Trump launched his own coin SoranaEssence One day later, Melania Trump followed the imitation. Solana was facing major congestion problems, and millions of users drowned the Internet to trading token.

Chris Chung, the CEO of the Solana Exchange Platform, said in a conversation with BeinCrypto that the bottleneck stems from the decentralized application (DAPPS) instead of the blockchain itself. The event proves that Solana is ready to adopt mainstream.

Trump and Melania broke the encryption market

Donald Trump (Donald Trump Trump Model due to coins On his official X and truth social accounts.

Within the day of the cause of the cause Solana networkTrump’s market value exceeds 14.5 billion US dollars, with a transaction volume of more than $ 26 billion.

Melania Trump noticed the success of her husband’s coin, Melanian coin The day before Trump worked.

Shortly after the release, the market value of Melania exceeded $ 5 billion. This fast and sharp peak has reduced the Trump tos 7.5 billion US dollars in ten minutes.

It also shocked performance on the entire Solana network.

User report traffic congestion traffic congestion

Considering the unexpected launch of these Presidential tokens, the transaction level of the Solana ecosystem was surging with the transaction of the user scrambled. Soon, reports on traffic congestion and failed transactions surged on various platforms.

“During Trump’s launch, the entire Solana ecosystem was perfectly processed. At that time, there was no problem with block production or network congestion. Some reasons were part of the Night Night Coins and whether it was true. The liquidity is paid. With the increase of the new pool, the price difference is existing. Token or moving Sell ​​Trump with a record sales volume“Chung told Beincrypto.

Although the unexpected traffic affirmed the infrastructure of Solana, Chung emphasized that the bottleneck can be traced back Diversified application (DAPP) Processing transaction volume.

On the day of the launch of the Maranian coin, Phantom, the leading wallet provider of Solana, visited social media to inform the public that it was under pressure to its infrastructure.

“At present, we have increased more than 8,000,000 requests per minute. When we strive to stabilize our platform, the transaction may encounter difficulties in the first attempt,” X postal read.

At the same time, Jito Labs, a key infrastructure provider of the Solana network, reported that the blocking engine API was undergoing “serious degradation” due to the overwhelming transaction volume of transaction volume.

most Verifying device on Solana network Using services such as Jito Labs aims to help transactions be executed faster. In the launch of Melania, the relegation performance of the provider has led to an increase in the basic chain.

“This is the expected mechanism in itself to give priority to higher value transactions; however, some applications have encountered problems, because the maximum gasoline fee is no longer enough to make users’ transactions fall. In addition, due to the overwhelming service, traffic growth It also led to some critical APIs, which led to market interruption.

The increase in market demand also hinders the effectiveness of arbitrage robots, which usually helps keep the price off -road.

Arbitrage robot cannot stabilize the price

Arbitrage robot is an automatic trading plan, which plays a vital role in maintaining the price stability of the cross -crying market.

These robots help ensure that the price is consistent and efficient by identifying and using the price differences between exchanges. However, these plans worked hard during the congestion of the Melanian coin.

“During the market interruption and traffic congestion, many arbitrage robots cannot obtain their own transactions, which leads to the price differences in the price of some pools. In particular, we see that some Titan users can find pools that allow them to buy. solid At a price of $ 150, the market price is $ 250. This has led to more transactions to try to use these arbitrage opportunities, which leads to more congestion. “

In response to the increased transaction volume, the Solana blockchain suffered suffering.

Solana network display elasticity

The transaction volume on the Solana network has increased significantly, reaching a record of 10 billion US dollars in 24 hours, which inevitably puts a lot of pressure on the ecosystem.

Although such a large number of activities have led to some performance challenges, Chung emphasizes that the SOLANA blockchain is still running throughout the period.

Despite the reduction of DAPP based on Solana, the incident proves the toughness of the network by continuing to deal with transactions and maintains network stability.

“In fact, the launch is treated well by the blockchain itself. The priority cost mechanism operates as expected, mainly because DAPPS is difficult to keep up. This is just that it is time to be upgraded and developed when the application and ecosystem participants are upgraded and developed. , To be able to handle everyone thinks it may be possible future traffic. “

Sorana History of network interruption Suddenly increased transaction volume, such as the prosperity caused by the launch of the coin or high transaction activities. In 2022, the network experienced a maximum of 14 interruptions.

However, as the network takes positive steps to improve scalability, these interruptions have become less frequent. Soran’s last time the network shutdown time was in February 2024.

For Chung, after the launch of the Trump and Marania coins, Sorana did not encounter the fact that the power outage was out of power, which showed that the network was ready to use the public.

Zhong said: “With the study on the weekend, I believe that Solana’s large increase in user activities is very good, because the blockchain itself continues to deal with transactions under the load, and it is expected to increase the priority cost.”

However, Dapps must prepare for yourself in real time.

Diversified applications are difficult to keep pace

For Chung, Solana users have experienced many main reasons in the transaction Presidential coin It is the ability of DAPP to promote transactions.

“Many DApps have the problem of setting the maximum exhaust fee to a specific preset number, so Gasoline fee Beyond this ceiling, these DAPP users have encountered problems with landing transactions because their gasoline costs are too low now. Then, this leads to users more spams to the Internet to try to trade on the chain. “He explained.

Although the obstacles on the chain face less obstacles, which hinders their ability to deal with high transactions, people who rely on external servers will face scalability problems.

“Relying on their own server to rely on their own products to ensure that they can handle the expected increase and volatilityEssence This means that depending on the needs of user needs, more requirements and additional ability to upgrade will be very important, because as it obtains mainstream attraction, Solana may see more and more trading activities, “Chung’s extra additional additional additional additions Essence

Although the launch of Trump and Marania coins is unprecedented, this incident may appear again with the continued rise in cryptocurrencies. As a response, it is necessary to prepare a decentralized application of network transactions accordingly.

Strengthen DAPP infrastructure to promote future growth

In order to avoid repetitive situations in the future, DAPP needs to re -examine its core infrastructure and ensure that it can effectively maintain strong traffic.

“DAPP must plan its operation to work in the worst. In this case, multiple components may fail in the pipeline. This means that the assumption to run is that the only way to send transactions is to pass the priority costs and and With a reliable key infrastructure backup. Although this may mean that the expenditure increases, the application must be able to run the application of users 24/7 because the blockchain will not stop. “Strict mechanism of protecting users.” CHUNG said.

These service providers also need to consider that with the continuous growth of Solana, the traffic experienced last week may be greater in the future.

“Many DAPPs set artificial restrictions, assuming that these restrictions will not be violated, and external services will continue to operate, but Meme Coin Frenzy shows us the mainstream use of cryptocurrencies. To truly build billions of dollars of applications The key infrastructure must have the ability to continue running.

At the same time, the Solana network has listed the next step that the exchanges that are increasingly processed.

Firedancer: The key innovation of Solana’s future growth

Web3 infrastructure developer Jump Crypto has established a new third -party verification device client software for Solana blockchain in the past two years.

Development of verification device client independent of the original Solana Lab FIREDANCER provides enhanced network elasticity Reduce the risk of power outages to the greatest extent. Through almost no code, the problem in one customer will not affect the other customer. In addition, Firendancer aims to significantly improve Solana’s transaction processing capabilities.

Although Firedancer is currently only running on the Solana Testnet, it is expected to be launched at Mainnet at some point this year.

“Solana’s most popular upgrade will be the shooting client, which will be released to greatly improve the amount of transaction per second that will be processed by the network. It is expected to deal with 1 million transactions per second- Far exceeding the traditional payment network. For example, visa can only be treated with a peak capacity of 65,000 TP.

The launch of Trump and Melanian coins on the Solana blockchain emphasizes that the attractiveness of the Solana ecosystem in the cryptocurrency market is increasing.

Development like Firedancer will further make SOLANA deal with similar events in the future, thereby becoming the potential of the individual and entity that hopes to interact with cryptocurrencies.

At the same time, Dapps must ensure that it is ready before that moment.