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With the potential approval of a spot Bitcoin ETF only two weeks away, popular BTC evangelist Fred Krueger has taken a jab at the Solana ecosystem, referring to its Innovations as “pure science fiction.”
Solana Shows Positive Momentum
In the last few days, Solana (SOL) has displayed a positive momentum. The altcoin recently reclaimed the $100 price milestone and is now trading at $114.69 with a 2.96% increase in the last 24 hours.
So far, the smart contract token has recorded more than a 66% price rally in the last seven days. Within this time, Solana has risen to the rank of the fourth biggest cryptocurrency by market capitalization.
Owing to this new status, it has outperformed the likes of XRP and Binance Coin (BNB). Solana’s technical and fundamental metrics are looking bullish and this is enticing top crypto projects to integrate the coin. Last week, Trezor Wallet, a leading Web3.0 hardware wallet, announced its support for SOL and tokens designed using the Solana Program Library (SPL) on its platform.
Generally, the massive price rally of SOL has triggered the coin to gain significant traction but Krueger is against this move. He believes that the jump in the price of Solana is as a result of a supposed acceleration of a Solana protocol called FireDancer. Noteworthy, FireDancer is a new independent validator client for the Solana blockchain built to increase the network’s throughput and reliability.
It is yet to go live and Krueger already perceives it as a tool that has no actual use case. He also tagged games, social, and ticketing innovations on Solana as three killer apps that are being promoted by the protocol’s fanboys, further referring to them as pure science fiction.
Solana (SOL) Innovations Belittled
Krueger says Solana does not meet up with other blockchains in terms of gaming venture, citing one of Solana’s games titled Star Atlas.
The Solana critic sees Star Atlas as a mediocre game with a mere 5K UAW. Krueger disregarded the concept of having a Solana-powered Facebook or any other Solana-linked social media platform stating that it is pure fantasy. He does not even agree that cryptocurrency could be integrated into a game.
For ticketing, Krueger says there is no traction because of the lack of market push in that direction. In contrast to the accolades Solana has bagged in recent times, Krueger further criticized the Solana blockchain, pointing out that he remains with Bitcoin.
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