Solana leads as the fastest among large-scale blockchains — CoinGecko

Date:

May 17, 2024

Research from CoinGecko says that Solana is the fastest among large-scale blockchains, with its actual daily average transactions per second (TPS) reaching a record high of 1,504 on April 6, 2023 as the meme coin mania took off. Such a statistic makes Solana roughly 46 times faster than Ethereum, and 5 times faster than Polygon.

To determine the fastest blockchains, CoinGecko’s study analyzed the processing speed of the top 30 blockchains based on their total value locked (TVL) ranking on DefiLlama as of May 15, 2024. Processing speed was measured using the actual or realized transactions per second (TPS) metric,…

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Solana leads as the fastest among large-scale blockchains — CoinGecko

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