Solana's recent performance has indeed been eye-catching. According to the latest data, the stablecoin ecosystem of this public chain is growing rapidly, with daily transaction volumes reaching the level of $40 billion, and it is accelerating its expansion. Some are beginning to predict that Solana will turn around in 2026 and become the largest smart contracts platform, surpassing the existing leaders.

You have to admit that Solana really has some impressive performance. The PoH consensus mechanism allows it to have lightning-fast transaction speeds, and the fees are ridiculously low. This combination has attracted a large number of high-frequency traders and blockchain gaming projects, and the explosive rise of stablecoins is directly linked to this advantage. At this rate of development, breaking a daily trading volume of 100 billion coins by 2026 is not a fantasy.

But there is a big problem here - the vast majority of people are focused on performance metrics, yet they are blind to half of the picture. The real deadly threat lies there, which is centralization.

The distribution of Solana's validator nodes is extremely uneven, with the top 20 nodes holding the vast majority of computing power. This directly contradicts the core spirit of decentralization in blockchain. Historically, Solana has experienced network crashes more than once due to validator node failures, causing user transactions to get stuck and assets to be frozen. If the network continues to expand in scale by 2026, this risk will multiply. Once similar outages occur, the consequences could be dire—your funds would be locked in, and you might lose everything.