1.26 of Solana Users Fuel Majority of Network Fees, Raising Decentralization Concerns
Recent findings reveal that a small fraction, only 1.26%, of Solana’s wallet addresses are responsible for generating a staggering 95% of total network fees. This concentration of fees has sparked serious discussions about the decentralization of the Solana network.
Critics question whether this model promotes innovation or inadvertently leads to monopolistic tendencies. As Solana’s community grapples with these issues, the broader crypto world watches closely. How will Solana address these concerns in the future?