I recently made a short video about Solana that you can watch here:
https://youtube.com/shorts/ZQEbU8iLdbU?si=ET0xCX6pjDSAaVm7

Honestly, I went in thinking, "Okay, this is the chain that's finally going to take Ethereum down." I mean, Solana promised insane speed, super low fees, and a booming ecosystem. And for a while, it seemed like they were delivering.

But the more I dug in, the more I started seeing cracks in the foundation.

Yeah, Solana is fast—like, really fast. But how many times has the network gone offline during high congestion? Too many to ignore. And then there was that critical bug in April 2025 that could've let someone mint unlimited tokens. Scary stuff. They patched it fast, but why did it even exist in the first place?

And don't get me started on the inflation problem. SOL keeps inflating every year, diluting holders unless they stake. But if they cut inflation too much to fix that, validators might drop off because their rewards dry up. It feels like a balancing act that could go wrong real quick.

Oh, and pump.fun? That meme coin engine that was bringing in tens of millions a day? Yeah… revenue dropped from $15M a day to barely $100K. That doesn't exactly scream long-term sustainability.

So yeah, I thought Solana was going to be Ethereum's biggest threat. Maybe it still is. But right now? I'm not convinced it's ready to take the crown.

What do you think? Is Solana still the future of DeFi, or is it all just hype?