The Solana Foundation recently expelled several validator operators from its delegation program due to their participation in “sandwich attacks,” a harmful trading practice compromising network integrity. This move intensifies the rivalry between Solana and Ethereum, shedding light on governance issues and ethical considerations in validator operations.
Tim Garcia, the Validator Relations Lead, announced the decision on Discord, stressing its finality. He stated that operators engaging in activities allowing sandwich attacks have been removed from the program, with ongoing enforcement actions to identify such behavior.
Mert Mumtaz, CEO of Helius Labs, detailed the nature of sandwich attacks, describing them as manipulative trading strategies disadvantaging retail investors. He explained that while such attacks are not native to Solana, certain actors modified validators to enable them, prompting the Foundation to prioritize retail user protection.
Intensifying Solana Vs. Ethereum Conflict
The incident sparked criticism from Ethereum advocates like Ryan Berckmans, questioning Solana’s approach to minimizing Miner Extractable Value (MEV) and its role as a settlement layer. In response, Mumtaz highlighted the disparities in costs and operations between Solana and Ethereum validators, defending the Foundation’s actions.
Lucas Bruder, CEO of Jito Labs, supported the Foundation’s decision, emphasizing the alignment of interests between the Foundation and the network’s success. He acknowledged the risks of alienating memecoin traders while advocating for long-term solutions to network challenges.
The debate continued with Berckmans expressing concerns that the Solana Foundation’s actions could drive memecoin traders to alternative networks, impacting Solana’s competitiveness. This ongoing discourse reveals the rivalry between Solana and Ethereum, governance complexities in decentralized networks, and the impact of strategic decisions on blockchain ecosystems.
As of the latest update, SOL was trading at $158.03.