Solana's low fees have created the ultimate "fake it till you make it" environment.
One bot just sent nearly 11 million transactions in 30 days. The most interesting part? It failed 99.95% of the time.
So, who cares about a bunch of failed transactions? They don't just vanish.… pic.twitter.com/vcqbbujU5D
— Dave (@ItsDave_ADA) September 4, 2025
Similarly, on Sept. 1, 2025, a total of 658,460 transactions were carried out, with only 155 transactions, representing 0.024%, being successful. The remaining 658,310 transactions, or 99.97%, failed to go through.
Dave insisted that Solana is misleading users with its numbers as most of the figures on "transactions per second" are fake. He noted that these do not represent actual measures of Solana’s scalability.
The Cardano SPO suggests that Solana has created a "fake it till you make it" situation in the crypto space.
Community divided as Solana's reputation faces scrutiny
A user, in reaction to the post, argued that the over-bloating of transaction figures is a result of Solana’s super cheap fees. He maintained that it has led to the exploitation of the metrics.
Transaction fees remain a major measurement metric in the crypto space, as they suggest a blockchain’s growing role. News of Solana flipping Ethereum in transaction fees made major headlines in February 2025, indicating how relevant it is to users in the ecosystem.
In June 2024, Justin Bons, Cyber Capital founder, rose in defense of the Solana blockchain. At the time, Bons claimed that the network correctly marked successful transactions, distinguishing such from failed ones.