The most powerful stress test in history, Solana survived it

Author: Azuma, Odaily Planet Daily

The successive issuances of coins by Trump and Melania have brought an unprecedented transaction feast to the Crypto market, and also allowed the Solana network to undergo the largest and most powerful round of stress testing in an actual combat environment since its launch.

Since TRUMP and MELANIA went online and exploded, Solana has become a gaming field for hot money in the entire market. The crazy influx of countless users and funds has put the Solana network and its wallets, DEX, Bot and other transaction-related infrastructure under huge traffic pressure. Many projects, including Jupiter, have issued documents explaining that "all our systems are now under extreme load".

Under heavy pressure, transactions on the Solana chain have experienced a significant increase in lags and failures. Many users have reported that transactions on Solana have been blocked today.

However, unlike the few times in the past two years that Solana was ridiculed after being stuck or even downed, the voices mocking Solana this time were significantly smaller. Because everyone knows how terrifying the stress test Solana went through this time - it is no exaggeration to say that no blockchain has ever carried such a magnitude of real transaction activity in actual combat situations.

The following data can intuitively reflect what Solana has experienced in the past two days.

· As the preferred buying channel for non-industry users, Moonshot has topped the list of the most popular financial applications on the US Apple App Store. Yesterday morning, Moonshot disclosed that the platform's 12-hour trading volume reached US$400 million, and more than 400,000 new users had joined the Solana ecosystem through its application. This afternoon, Moonshot updated the data again to indicate that the number of daily active users has exceeded 1 million.

· On January 18, the total transaction volume of Solana’s entire DEX network reached US$28.2 billion, a record high; just one day later, on January 19, the number rose to US$39.2 billion, once again significantly refreshing the previous high.

· On January 19, the Solana network’s “real economic activity” indicator (REV, which mainly refers to the total consumption of transaction fees) hit a record high of $56.5 million, more than double the previous high in November.

· Phantom disclosed after resuming service this afternoon that wallet users conducted a total of 10 million transactions today, completing more than 1.25 billion US dollars in transaction volume through the Swap function in the wallet.

Solana co-founder Raj only used a short sentence when commenting on the transaction volume data of the entire network, but it was enough to explain everything - " This is the highest level in history that any blockchain has never seen."

Faced with the ultimate stress test on such a scale, it is difficult to guarantee that any blockchain can pass smoothly.

Ethereum? Don't be funny.

Layer2? It is a little difficult when facing popular airdrops.

Move system? Maybe, but the ecological magnitude is ultimately limited and lacks empirical evidence.

Not to mention those ghost chains that claim to have extremely high TPS but are completely unused.

Solana 's performance wasn't perfect, but it got the job done.

Trump's drama brought unimaginable attention to Solana, helping SOL strongly break through the $260 mark that had twice hindered the token's continued rise in four years.

Looking forward to the future, Solana is bound to usher in more new traffic, users and buying demands under the new normal environment of Meme; all parties to the network and agreement will surely be more targeted in optimization and optimization after gaining experience from this stress test. iteration; although the short-term has been severely drained, cutting-edge innovations such as AI in the Solana ecosystem are still continuing; Multicoin Capital is promoting a more flexible SOL issuance mechanism to reduce the inflation rate...

Even in the mid-term stage of the bull market, Solana's fundamentally good trends and room for imagination seem to have not been reduced.

Instead of continuing to look for Alpha in the intricate relationships among the Trump family, it is better to grasp the biggest Beta in front of us.