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In the Solana (SOL) network, a covert war occurs between major players, each trying to “sink” their competitors.
Analyst Duo Nine spoke about the hidden battle and the schemes used by its participants.
Solana’s Major Players in War
Duo Nine claims that among the major crypto projects on Solana, there is a hidden war that even ordinary participants in the crypto community — potential victims of the confrontation — are unaware of. According to him, users may be unable to conduct a transaction on Solana due to the conflict.
The analyst believes that major players are launching DDoS attacks against each other to gain priority in adding their transactions to the cryptocurrency’s blockchain. As a result, users of the projects targeted by rivals cannot conduct a transaction because the attacking side occupies all the space in the blocks. This can also be visible in validators’ data.
Delays in conducting operations can lead to network malfunctions. The reputation of the project targeted by such attacks can also suffer. As a result, users of problematic platforms may decide to switch to competitors’ sites. For this reason, the warring sides are spending billions of dollars on the attacks to benefit.
Duo Nine also noted that over 100 bot wallets could target Solana wallets with a spam attack. To do this, the attacking side bombards the victim with transactions containing minimal SOL. In this case, the analyst confidently states that the wallet owner loses the ability to transfer assets because the attacking side fills all the block space with spam transactions.
According to Duo Nine, victims of the attacks create new wallets, but the solution does not help, as the fresh address is also at risk of being targeted by a spam attack.