CandleFocus Solana TPS - Will Solana Handle 600,000 Transactions per Second Soon?
2024-12-06
Author: Content Editor
Solana is a fast and efficient blockchain platform that has attracted many projects and users due to its low transaction fees compared to Ethereum. It can handle over 5,000 transactions per second in real-world scenarios and has reached as high as 65,000 TPS during testing. Solana aims to provide scalability at its base layer, unlike Ethereum, which relies on layer 2 solutions. Despite its scalability, Solana has faced reliability issues that it needs to address to gain trust. The platform is constantly working on improving its scalability, with projects like Firedancer aiming to process up to 600,000 TPS. Currently, Solana handles between 4,000 and 4,500 transactions per second in practice. Firedancer has launched a prototype called "Frankendancer" on the mainnet to enhance Solana's scalability. Overall, Solana's high TPS figures make it a favorable option for users engaging in NFT trading and decentralized finance applications.
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