#Trump memecoin launched, Solana delayed#
Hot Topic Overview
Overview
The launch of a Trump-themed memecoin has resulted in unprecedented congestion on the Solana network, leading to transaction delays and even standstills. Reports indicate that the Solana network was processing 8 million requests per minute, overwhelming wallets and the network. During peak trading periods, there were even instances of no transaction records for 30 minutes. While the launch of the Trump memecoin has attracted a surge of users, experts caution investors that this phenomenon might be a short-lived hype and does not represent a long-term investment opportunity.
Ace Hot Topic Analysis
Analysis
The launch of the Trump memecoin has caused significant delays on the Solana network, raising widespread concern. Following the release of the memecoin featuring Donald and Melania Trump, the Solana network experienced unprecedented traffic pressure, handling up to 8 million requests per minute, overwhelming wallets and the network. Reports indicate that the Solana network even experienced periods with no transaction records for 30 minutes during peak trading times. Although the Trump memecoin has attracted significant attention, experts warn investors about the potential substantial risks associated with such memecoins, deeming them unsuitable for investors seeking long-term investment opportunities.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The launch of the Trump memecoin led to unprecedented activity on the Solana network, resulting in network delays and slower transaction speeds.
The Solana network was unable to handle the large number of transaction requests during peak trading hours, leading to a poor user experience.
The issuance of the Trump memecoin may pose risks, and investors need to carefully consider long-term investment opportunities.
The latency issues on the Solana network exposed its shortcomings in scalability, requiring further improvements to handle future, larger traffic demands.