The recent debate in the crypto community has focused on transactions per second (TPS), with Solana claiming a higher TPS than Ethereum. The discussion was sparked by the development of Firedancer, a client designed to push Solana's TPS even further. The testing phase of Firedancer achieved 1 million TPS, leading to speculation and engagement on social media. However, some critics argued that Solana's TPS is currently limited to approximately 81,000 at the maximum, and new layer-2 blockchain MegaETH could potentially process transactions faster. The debate also raises the question of whether TPS accurately reflects a blockchain's demand and capacity. Despite the controversy, Solana sees high TPS as crucial for use-cases like high frequency trading, but it remains to be seen if more firms will adopt this style of trading onchain.



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