@cryptotalk96 3 September 2022

Solana at the brink of sub-$30 range now. Red flags have been set off all year long. Here are some reasons to be extremely cautious regarding Solana this year and going forward. 1) Sol Labs proposed a measure during one of the more severe bear weeks, passed the measure without notification to DAO members, and took ownership of a Solana address arbitrarily by creating a way for Sol Labs to "fix" a risk to the ecosystem. 2) Solana has had more than 3 outtages now, where transactions were impossible or near impossible - locking up NFTs and funds. These outtages are dismissed summarily and without the proper forensics and remediation. 3) The caretaker of Solana has mocked and jeered at Cardano dev's, explaining his viewpoint on open source contracts work with networks are of little consequence. That is to say, he has expressed his lack of care, discipline and attention frequently associated with such stewardship on behalf of a network (developer-side). 4) Solana fails to reach its TPS (transanction per second) nearly daily. 50,000 tps, advertised volume, is not 3,000~ tps where it stands nearly daily in 2022. This is a solid case against Solana and the end of all NFTs on SOL would not be out of the near future. TPS is still down really low. The token has never recovered $50 range. The dev caretaker is careless and brags about it. Arbitrarily seizing and betraying a key tennet of decentralized crypto: taking someone's wallet, custody of it, is expressly wrong...and making this backdoor, as the 'legacy fiat' norm, for all other wallets on Solana network. --- PREPARE #Solana #Red #Flags# #Everywhere #Caution #Token #TokenCollapse