Shortly before assuming the presidency, Donald Trump launched his Mimi currency at Solana. Melania Trump followed her example. Solana faced major congestion issues as millions of users immersed the symbol trading.
In a conversation with Beincrypto, Chris Chung, CEO of Solana Swap Titan, said that bottlenecks stem from decentralized applications (DAPS) instead of Blockchain herself. The event proved that Solana was ready for the prevailing adoption.
Trump and Melania break the encryption market
Just 48 hours of seizure of the US presidency, Donald Trump announced the launch of Mimi Trump’s coin on his official social accounts X and Truth.
Within one day of the launch of Meme Coin on the Solana network, Trump reached the market value of more than $ 14.5 billion and a trading volume of more than $ 26 billion.
Noting the success of Mimi’s currency for her husband, Melania Trump launched its Melania currency a day before Trump’s inauguration.
Soon after the launch, the maximum of the Melania market exceeded $ 5 billion. This rapid and sharp rise caused the Trump code to a decrease of $ 7.5 billion in ten minutes.
It also shook the performance via the Solana network.
Users report congestion on Solana, amid increased traffic
Looking at the unexpected launch of these presidential symbols, the Solana Ecosystem system has seen an increase in transactions levels as users rushed to engage in trading. Soon after, the congestion and failed transactions reports increased through various platforms.
During Trump’s launch, the entire ecosystems system treated. There were no problems in producing the mass or network congestion after that, partly due to the launch of the Mimi at night in North America and uncertainty, whether real or not. With the exchange of liquidity throughout the network, there were cases of contradictions in prices where new gatherings were added. The issues came when Melania was launched. With Trump’s precedent, very large numbers of merchants started either alternating in the new symbol or transferring them to sell Trump in record sizes. ”
Although unexpected traffic has definitely tested the Solana infrastructure, Chung stressed that bottlenecks can be tracked to decentralized applications (DAPS) that deals with transactions.
On the day of the launch of Melania, Phantom, a pioneering wallet provider on Solana, moved to social media to inform the public that he was suffering from pressure on his infrastructure.
“We are currently facing an enormous increase of 8,000,000 requests per minute. Although we are working to stabilize our basic system, transactions may face a problem in the first attempt,” X mail Read.
Meanwhile, Jito Labs, a major infrastructure for Solana, stated that its mass engine programming interface was suffering from “severe deterioration” due to the huge size of transactions.
Most auditors are used on Solana Network services such as Jito Labs, designed to help transactions faster. Amid the launch of Melania, the deteriorating performance of the provider caused a priority to the basic chain.
“This in itself is the intended mechanism to give priority to higher value transactions; however, some applications have faced problems because the maximum gas fees are no longer high enough to land its users’ transactions. In addition, the increasing traffic also caused a decrease in some programming facades Critical applications because their services are sunk, which led to some disturbances in the market. ”
The increasing demand in the market also impeded the effectiveness of the argument robots, which usually helps to maintain prices.
Prices stabilization robots have failed
Performing robots are automatic commercial programs that play an important role in maintaining price stability across the encrypted currency markets.
These robots help ensure that prices remain aligned and effective by identifying and contradicting prices between stock exchanges. However, these programs struggled to perform their jobs during the increasing crowding period after the launch of Melania.
“During the disruption of the market and the congestion, many robots were unable to get a decline in their transactions that caused a large variation in prices on some complexes. In particular, we saw that some Titan users are able to find swimming pools that allowed them to buy Sol for $ 150 While the market price was $ 250.
In response to the increase in trading sizes, Solana Blockchain suffered.
Solana network shows flexibility
A significant increase in trading volume on the Solana network, which reached a record increase of 10 billion dollars in 24 hours, inevitably put great pressure on the ecosystem.
While this large volume of activity led to some performance challenges, Chung has highlighted that Solana Blockchain has been working throughout this period.
The event showed the elasticity of the network by continuing to process transactions and maintaining the stability of the network despite the low performance of Solana.
In fact, launch operations have been treated well by Blockchain itself. The priority graphics mechanism worked as intended, and it was mainly the DAPS that was facing a problem in keeping up with. “He just showed that it is the time for applications and participants in the ecosystem for promotion and development to be able to deal with the future amount of traffic that everyone believes is possible,” said Chung.
Solana has a history of interruption of the network resulting from sudden tyrants in the volume of transactions, such as those resulting from the launch of a meme or high trading activity. In 2022, the network witnessed up to 14 interruptions.
However, as the network has taken proactive steps to increase expansion, these interruptions have become less frequent. The last time Solana suffered from closing the network in February 2024.
For Chung, the fact that Solana has not faced interruption after the TROMP and Melania Coin launch indicates that the network is ready for collective adoption.
“With learning from the weekend, I think Solana is in a very good position for an enormous increase in the user’s activity as Blockchain continued herself in processing transactions under pregnancy and increasing priority fees as expected,” said Chung.
However, DAPPS must prepare themselves when this becomes a reality.
Decentralized applications are ripened to keep up with
For Chung, the main reason for Solana users is exposed to many problems in presidential coins trading is DAPS’s inability to facilitate transactions.
“Many DAPPS faced problems as they set the maximum gas fees on a certain number in advance, so when the gas fees exceeded this ceiling, users had these problems landing transactions because their gas fees are now very low. He explained that this caused an email to send To the users of the network more in an attempt to land in the deal on the chain. ”
While the DAPPS in the chain faces less obstacles that hinder its ability to deal with high transactions, those that depend on external servers face expansion problems.
“DAPS, like the two compounds, which depend on its own servers for its products must make sure that they can deal with the expected increase in size and fluctuation. This means that the additional ability to deal with more requests and promotions to expand its domain in a dynamic manner, upon the user’s request, will be from The important thing is to go ahead.
Although the launch of Trump and Melania currencies is unprecedented, as the dependence of the cryptocurrency continues to rise, such events are likely to appear. In response, decentralized applications that facilitate network transactions should be prepared accordingly.
DAPP infrastructure enhancement for future growth
To avoid repeating similar scenarios in the future, DAPS needs to reconsider its basic infrastructure and ensure that it can maintain severe traffic effectively.
“DAPPS must plan their operations to work in the scenarios of the worst cases where multiple components can fail in the pipeline. This means working with the assumption that the only way to send transactions is through priority fees and has reliable backfilling copies of critical infrastructure. Although this may mean it means An increase in spending, but it is necessary that applications be able to work around the clock throughout the week for their users as Blockchain does not stop.
These service providers will also need to think that with the continued growth of Solana, it is likely that the traffic with experience last week will be larger in future scenarios.
“Many DAPPS have placed artificial borders on the assumption that these will not be violated and that external services will continue to work, but the madness of the mem currency showed us a glimpse of what the prevailing adoption of encrypted currencies will look like to create applications in which billions can be on board, you must The critical infrastructure has the ability to continue running, ”added Chung.
Meanwhile, the Solana network has already set the next steps that will take increasingly dealing with the larger transactions.
Fredancer: a major innovation for Solana’s future growth
Jump Crypto, an infrastructure developer for Web3, has built a new customer program for a third -party fence for Solana Blockchain over the past two years.
Fredancer has been independently developed from the original Solana LAB authentication customer, and provides flexibility in the network reinforced by reducing the risk of widespread power outages. By sharing almost any symbol, problems within a customer will not affect the other. In addition, Fredancer aims to significantly improve the transactions processing capabilities in Solana.
While Fredancer is currently currently working on Solana Testnet, it is expected to be launched on Mainnet at some point this year.
“The most expecting upgrade for Solana is a Fredancer customer who is to be released with huge improvements to the amount of transactions per second that the network will be able to deal with. It promises to process up to one million transactions per second – much more than traditional payment networks, visa, For example, you only deal with 65000 TPS with peak capacity. This is the next step to make Solana ready for group adoption. ”
The launch of Trump and Melania currencies on Solana Blockchain highlights the increasing call to the ecosystem of Solana inside the cryptocurrency market.
Developments such as Fredancer will equip Solana to deal with similar events in the future, which raises its capabilities as a preferred platform for individuals and entities looking to deal with cryptocurrencies.
Meanwhile, DAPPS should guarantee that it is ready before that moment arrives.
Disintegration
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