Airdrop Season: Can Solana Handle The Surging Demand? | Mert Mumtaz, Garrett Harper

Did Pyth's airdrop overwhelm the Solana network? Was the degraded user experience an application fault, the result of a crude fee market or a stability issue? Garrett and Mert answer these questions in today's roundup. We also cover the SEC's attack on crypto, Solana's airdrop season, the changing L2 sentiment, Bonk's meteoric rise and more! - - Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks. Use the link below to learn more, and use BLACKROCKLIGHTSPEED to get 20% off your ticket! Sign up now because the price goes up every month and the discount code expires November 27th! Learn more + get your ticket here: https://blockworks.co/event/digital-asset-summit-2024-london/home - - Timestamps (00:00) Introduction (00:23) The SEC vs Kraken, SOL and Airdrops (6:03) Pyth’s Airdrop and Solana’s Network Stability (13:46) Priority Fees, Jito and Out-Of-Network Payments (17:33) The Changing L2 Sentiment (26:08) Coinbase Continues to Ignore Solana (29:31) Will L2s Ever Be Immutable? (33:48) Durable Nonces and Preconfirmations (39:18) Product vs Decentralization (44:20) Bonk’s Meteoric Rise (47:18) Gameable Metrics, Onchain Identity & Competition - - Follow Mert: https://twitter.com/0xMert_ Follow Garrett: https://twitter.com/GarrettHarper_ Follow Lightspeed: https://twitter.com/Lightspeedpodhq Subscribe on YouTube: https://bit.ly/43o3Syk Subscribe on Apple: https://apple.co/3OhiXgV Subscribe on Spotify: https://spoti.fi/3OkF7PD Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ - - Resources Dune's Headmaster https://twitter.com/andrewhong5297 A Guide to Solana for Ethereum Analysts https://read.cryptodatabytes.com/p/a-guide-to-solana-for-ethereum-analysts - - Disclaimers: Lightspeed was kickstarted by a grant from the Solana Foundation. Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Garrett and our guests may hold positions in the companies, funds, or projects discussed.