Traders are complaining about Solana's performance, raising questions about its status as a Wall Street darling

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ICYMI: Traders are complaining about Solana’s performance, raising questions about its status as a Wall Street darling

Jim Greco, like many traders who have had to deal with the Solana network's outage over the last few days, is annoyed.

Those issues spilled into Saturday. Meanwhile Solana's official status Twitter account noted that the blockchain has been"experiencing high levels of network congestion" tied to "excessive duplicate transactions." FTX's Sam Bankman-Fried is a big backer and Jump Trading has poured capital into Solana-based projects. According to The Block Research's John Dantoni, more than 50% of Jump Crypto's protocol investments went into the SolanaPyth — the Solana-based data project — counts a wide range of market participants as backers, including IEX, Virtu, and GTS.

For large traders moving tens of millions, they have to move activity over-the-counter and agree to settle once the chain is working."Agree on a price now and settle later... CEXes are still working so you still have price discovery," an executive at a derivatives trading desk noted.

 

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Traders complain to manipulate the price lower so they can buy.

MrCapitals10 cuando es malo es malo bb

They should take a look at Aleph__Zero

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