NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Price Crashes Below $73,000, Hitting Lowest Level Since 2024
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Price Crashes Below $73,000, Hitting Lowest Level Since 2024

Critics Back Solana Under Cardano SPO Scrutiny, Snorter to Thrive on the Network’s Strengths

Aaron Walker
Aaron Walker
Last Updated: September 8, 2025 3:09 pm
4 mins read
Critics Back Solana Under Cardano SPO Scrutiny, Snorter to Thrive on the Network's Strengths

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Solana adoption is under scrutiny: Cardano SPO Dave argues that bots inflate the network’s transactions per second (tps).

But it’s not all doom and gloom. Supporters counter that even after filtering out failed consensus transactions, Solana’s throughput remains impressive.

Plus, with more $SOL ETFs entering the market, the network is securing institutional confidence worldwide.

For projects like Snorter Token ($SNORT), this is a major boon. The reason is that once its Telegram trading bot launches on Solana, it’ll benefit from a fast, cost-friendly network that’s increasingly attractive to mainstream investors.

Cardano SPO Slams Solana for 99.95% Failed Transactions

In a recent X post, Dave claimed that Solana’s low fees have created the ultimate ‘face it till you make it’ environment.

He pointed out that a single bot sent nearly 11M transactions in just 30 days, 99.95% of which failed.

His biggest concern is that those transactions don’t just disappear; they stay on the ledger, permanently clogging the chain. In turn, this increases the burden on the explorers and analysts’ platforms that depend on clean data.

Cardano SPO discussed Solana bot issue on X.
X (Cardano SPO, Dave)

The post received a mixed bag of responses. One user, however, defended Solana by highlighting how ‘Solana just increased its block size from 50M CUs to 60M,’ so it has even more room.

Cyber Capital’s Justin Bons also pushed back on ‘fake usage’ claims. He argued that, even excluding failed and consensus transactions, Solana still leads in processing capacity and that ‘SOL adoption is real.’

 Justin Bons stuck up for Solana on X.
Source: X (Justin Bon)

Notably, Kazakhstan’s Astana International Exchange recently listed a Solana ETF, marking the first $SOL ETF with staking in Central Asia. So, despite the skepticism, the blockchain’s still gaining legitimacy and expanding adoption.

This is especially true when considering that just weeks ago, VanEck filed for a spot Solana ETF backed by JitoSOL.

For $SNORT, this is further confirmation that the chain its Telegram trading bot will run on from the get-go isn’t just fast and cost-friendly but also has institutional recognition. It provides a strong foundation for Snorter Bot’s growth and adoption.

Snorter Bot Leverages Solana’s Speeds – 546x Faster than Ethereum

Snorter Token will first launch its bot on Solana, allowing you to benefit from low fees (just 0.85%) and enjoy average speeds of 923 tps, with a maximum throughput of 65K tps.

In contrast, Ethereum averages only 19.87 tps with a theoretical maximum of 119 tps. This makes Solana 546x faster and far more cost-effective for executing trades through the bot.

Solana vs Ethereum throughput on Chainspect.
Source: Chainspect

Snorter Bot even goes as far as to say that it offers the lowest fees and fastest execution on Solana and, thus, overrides rival bots like Maestro and Trojan.

Although Solana is faster and cheaper than Ethereum, it also plans to support this network and other major networks like BNB Chain and other EVM-compatible chains. By doing so, it’ll offer you access to various trading opportunities beyond the best Solana meme coins.

Across all chains, you’ll eventually be able to swap and automatically snipe new tokens. You’ll also be able to partake in copy trading to mirror top traders’ techniques to boost your likelihood of returns.

Snorter Bot features include automated sniping and copy trading.
Source: Snorter Token

And all will be doable without putting your funds at risk; Snorter Bot promises to be MEV-protected and include honeypot and rug-pull detection alerts.

To support such developments, you can purchase $SNORT on presale. To top it off, you’ll be adorned with leaderboard rewards, DAO voting power, and staking yields of 123% APY.

$SNORT Anticipated to Surpass $1 This Year

Although Dave criticized Solana for its TPS stats being ‘pure vanity,’ the blockchain is still one of the fastest and most cost-effective.

Plus, with growing institutional validation through ETFs, the blockchain’s legitimacy expands its reach beyond Web3 users.

This backdrop is perfect for $SNORT. As it prepares to launch its trading bot on Solana, it can capitalize on the network’s benefits and rising credibility before expanding cross-chain to appeal to all traders.

To support and get the most out of the Snorter ecosystem, you can purchase $SNORT on presale for as little as $0.1037. Acting now could yield the highest returns; it’s anticipated to break the one-dollar mark this year, after being listed on the best crypto exchanges.

Check out our comprehensive Snorter guide for more information.

This isn’t investment advice. Always DYOR and never invest more than you’re willing to lose.

Authored by Aaron Walker, NewsBTC – https://www.newsbtc.com/news/solana-and-snorter-pump-despite-tps-criticism/

Tweet123Share196ShareSend
Aaron Walker
Aaron Walker

Aaron Walker

Aaron writes for NewsBTC as a Crypto Journalist, covering breaking news and developments across the crypto world.

Read more

Aaron’s been writing and editing since 2016, and has seen firsthand how writing for online publications has evolved over that time with the influence of everything from a globalized workforce to LLMs. He’s also witnessed the rise of crypto from a fringe interest to a multi-trillion-dollar force that’s reshaping the world economy.

His background in academia with multiple post-grad degrees and a zest for good writing, wherever it may be found, powers Aaron’s own approach to covering crypto.

What sets good writing apart? Storytelling – finding connects the news to the people reading it and drawing out those connections. That’s what Aaron looks for in his own coverage.

In his off-hours, Aaron works for a local charity and enjoys working out and training with the local boxing club. He even reads physical books, occasionally.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

XRP, SEI, dogwifhat, WIF, Celestia, Solana, tron, BNB, chainlink

BNB Chain Metrics Show Strong Performance As BNB Price Retests ‘Do Or Die’ Level

BNB Chain has shown strong performance over the last week, with the ecosystem holding key metrics despite the recent market...

Rubmar Garcia 4 hours ago
qual criptomoeda comprar

Qual criptomoeda comprar em 2026? Porque o Bitcoin Hyper está a ganhar espaço num mercado mais seletivo

O mercado cripto entrou em 2026 com um ritmo mais contido do que muitos investidores esperavam. O Bitcoin continua a...

Denis Carter 6 hours ago
Dogecoin

Dogecoin Price Momentum Oscillator Drops To Levels That Triggered Previous 21,000% Rally

Crypto analyst Trader Tardigrade has drawn attention to a previous pattern that formed for the Dogecoin price just before it...

Scott Matherson 6 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

Bitcoin’s Network Growth Just Reached Extreme Levels Last Seen Before The 2021 Surge

Godspower Owie 23 minutes ago

Smarter Web Company Joins Stock Exchange: Is $MAXI Next Crypto to Explode?

benw 2 hours ago

Bitcoin Liquidation Cascade: Why $HYPER is Outperforming the Dip

benw 3 hours ago

Premium Sponsors

Press Releases

  • CreditBlockchain

    CreditBlockchain cloud mining helps users earn up to 0.078...

    1 day ago
  • モネロが686ドルで史上最高値を更新、時価総額トップ11入り──1月に注目のアルトコインは?

    ...

    3 weeks ago
  • ChatGPTが分析:2026年の仮想通貨 1000倍候補はどれか

    ChatGPTが分析:2026年の仮想通貨...

    3 weeks ago
  • 新しい仮想通貨:2026年に注目すべき3銘柄、次に急騰するコインはどれか

    ...

    3 weeks ago
  • ドージコイン 今後:ミームコイン市場に投機売買が再び戻る

    ドージコイン...

    3 weeks ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.