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CryptoIntelligence 2024-04-09 06:35:09

DeFi Pioneer Andre Cronje Backs Solana Amid Transaction Woes

Andre Cronje, a prominent figure in the decentralized finance (DeFi) sector and creator of Fantom, has recently voiced his support for the Solana network despite its struggles with transaction failures. Cronje’s backing comes at a critical time for Solana, as it faces operational challenges attributed to its rapid expansion. In a statement on the X social platform, Cronje pointed out that the congestion issues Solana is experiencing are not due to flaws in its consensus mechanism but are technical challenges arising from increased demand for block space. This perspective sheds light on the growing pains of an expanding ecosystem, emphasizing

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