With his controversial claim that Cardano (ADA) and other alternative layer-1 blockchains should be learning from Solana’s (SOL) playbook, Justin Bons of CyberCapital has stirred up controversy surrounding the project. This audacious claim is made in a sector where every platform is actively competing to provide distinctive benefits.
According to Bons, rival blockchains like Cardano need to welcome Solana’s bot activity and cheap fees, which enable arbitrage, rather than criticising them. He contends that heavy bot activity is indicative of usage and that, as long as fees are paid, the nature of the transactions should not affect blockchain economics. He suggests that bot activity has been advantageous in the stock market and that blockchain could follow suit.
A possible turning point is seen when we examine the Cardano chart. ADA is presently interacting with the 50-day EMA, a signal that is frequently used to determine the direction of a trend. The price has lately dropped below this mark, indicating a short-term pessimistic outlook.
But ADA’s response to this crucial technical level will determine whether or if there is a price reversal. Such a reversal might be supported by the support at $0.4240, but ADA must act decisively in the next days.
According to Bons, ADA would need to reduce prices and maybe draw in more bots—which he sees as an indicator of network utility—in order to replicate Solana’s success. This viewpoint has not been without its detractors, some of whom link heavy bot activity to security threats and network congestion, as demonstrated by previous vulnerabilities within the Solana ecosystem.
Moreover, there have been some raised eyebrows over Bons’ change in position on Solana from critical to favourable. But he refuses to back down, insisting that his viewpoint is based in reality, regardless matter how well-liked it may be. According to him, networks shouldn’t exclude any kind of activity as long as it serves the economic and utilitarian needs of the network.
