Wow, a staggering 95.27% of ALL Solana's Meteora transactions in the last 7 days. ~139 million transactions in total. ~8 million succeeded. ~131 million failed. Powered by Solana. https://solscan.io/account/LBUZKhRxPF3XUpBCjp4YzTKgLccjZhTSDM9YuVaPwxo - Failed transactions cost the user, validators profit from them. - Priority transactions cost the user, validators profit from them, they can still fail. - Constant outages. - Congestion, validators profit from congestion, and it costs the users (Higher transaction fees) (Validators have control over what is included in the blocks at this time and can actually priority trade if they are the leader) - Validators can collaborate to cause congestion for profit. - Tonnes of wash trading to make metrics look believable. (Not that believable if you look) - Metrics on successful transactions including voting transactions which can't fail. - To be a validator you need to spend tens of thousands of dollars a month thats excluding the SOL required to be profitable (For the rich to get richer). - Wash trading, due to low fees, where assets are moved to and from destinations to build up "Volume" - $2.2 billion is about to be unlocked March 1st from FTX estate. - TPS is mass marketed incorrectly, many explorers have values like 3-4k which is wrong, also it includes voting transactions which without the blockchain wouldn't work, and it includes transactions which did nothing (Failed transactions) it's just marketing. - Bots absolutely everywhere, the blockchain favors technical users, insiders and due to such low fees and bots are waiting to profit from your trades. - RPC operators can front-run your transactions. There's loads more, but this is off the top of my head. Finally i'd like to say, Solana is by far the opposite of what blockchain was designed for. They NEED people to enter because it's exactly what makes the value extraction machine WORK. This is exactly why high profile launches, meme trading etc is all launched on Solana. Ever wondered who's paying these people and why?