CandleFocus Solana Nears $260 All-Time High as TPS Upgrade Promises 1,000x Boost
2024-11-12
Author: Content Editor
Solana's native cryptocurrency, SOL, is nearing its all-time high as efforts to improve the network's transactions per second (TPS) are revealed. The CEO of Solana infrastructure provider Helius, Mert Mumtaz, announced that they are developing a performance optimization system that could increase the network's TPS by 1,000x without making significant changes to the blockchain's core. SOL has been experiencing consistent gains and currently sits in fourth place in terms of market capitalization. With its recent surge, it is likely to achieve a new all-time high soon.
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