Sol FUD fails as Solana price recovers above $190 after dip

Sol FUD fails as Solana price recovers above 0 after dip

Solana is once again in the spotlight after accusations of inflating his 100,000 TPS performance claim.

But what is the real technical truth behind this controversy? Can the latest SOL Price FUD derail the network’s ongoing recovery?

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When technical metrics are misinterpreted

Following last week’s Crypto Black Friday, Solana (SOL) highlighted the network’s resilience under extreme demand, reporting that “gross transactions increased to between 6,000 and 10,000 per second.” Meanwhile, Brennan Watt, vice president of central engineering at Anza, a Solana-focused software company, said the network was handling up to 100,000 transactions per second (TPS). This performance came during market volatility driven by the US tariff announcement.

This immediately sparked a heated debate on social media. Several users accused Solana of “manufacturing” the 100,000 TPS milestone.

“Solana couldn’t even keep his story straight. The official account accidentally posted the real TPS (raw 6k, real 1,800 TPS) before his engineer made up the fake 100k number.” A user X wrote.

The Solana team and ecosystem contributors reacted quickly.

Matt Sorg, vice president of technology at the Solana Foundation, explained that validators ingest the figure of 100,000 TPS as transactions. These include duplicate and rollback transactions not finalized on-chain, unlike Ethereum’s mempool filtering mechanism.

“It’s not useless for Solana. It’s understood in our technical world, and you’re right that it doesn’t have a direct comparison to Ethereum because of how the mempool works,” said Matt Sorg.

Similarly, Marcantonio, head of DeFi at Galaxy, defended Solana’s metric as a valid measure of transaction entry rate (indicating how much the validation process can handle), not the number of transactions completed. The technical nuance indicates that the 100,000 TPS claim was misinterpreted by analysts rather than made up. This reveals how competitors are weaponizing raw performance metrics in the ongoing rivalry between Ethereum and Solana.

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SOL price recovers strongly: FUD fails to break the trend

While the technical debate continues, SOL price tells a different story: it rebounded sharply after the recent flash crash. According to several analysts, the $180 area was previously a major resistance zone. Traders have successfully retested it as support, reinforcing Solana’s multi-year ascending trend line into 2022.

SOL/USD 3D chart. Source: ANBESA

Additionally, on-chain URPD data shared by This means that holders have made profits of over 18 million SOL and moved them to the $172-$197 support zone.

SOL URPD chain indicator. Source: DC
SOL URPD chain indicator. Source: DC

Traders still consider the $166-$177 zone to be strong support as it has served as an accumulation zone since August. The current price has recovered above $190 after hitting a low of $168 on October 11. The $215 to $224 area is now a major resistance level, with a large amount of accumulation that needs to be processed.

In the current situation, monitoring the stock market reaction and information about the Solana ETF can provide an effective trading strategy. If SOL price stabilizes above $190 and shows signs of consolidation between $172 and $197, this could be an opportunity to act.

At the time of writing, SOL is trading at $208.92, up 5.9% in the last 24 hours. This makes it the top-performing cryptocurrency in the top 40 by market capitalization.

SOL price action. Source: BeInCrypto
SOL price action. Source: BeInCrypto

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