Solana Outperforms Ethereum with 91 Million Transactions Daily.

Solana once again showed that it is the fastest major blockchain with 91 million transactions processed in one day.

According to CoinGecko's latest update on April 6, during the memecoin craze, Solana broke a daily record with 1,504 transactions per second.

This success makes Solana 46 times faster than Ethereum and 5 times faster than #Polygon , one of the fastest #Ethereum scaling solutions.

Solana Reached 1.6% of Maximum Capacity

Despite being the fastest blockchain, Solana was only able to use 1.6% of its theoretical maximum capacity of 65,000 TPS.

This increase in transaction volume led to network congestion and raised the question of how quickly Solana could reach high TPS values ​​with future updates.

The second fastest blockchain mentioned in the report is Sui, a platform without an #Ethereum Virtual Machine (EVM).

Sui peaked at 854 TPS in July 2023, thanks to the popular on-chain game Sui 8192.

Other notable non-EVM blockchains include TON at 175 TPS and Near Protocol at 118 TPS, while Aptos is at 49 TPS, Starknet at 12 TPS, Bitcoin at 11 TPS, and Thorchain at 2 TPS.

Non-EVM blockchains outperformed EVM-compatible ones, with an average speed of 284 TPS, while the average speed of the 17 largest EVM-based blockchains was only 74 TPS.

#Binance Smart Chain (BSC) reached 378 real TPS with increased activity on December 7, 2023, becoming the fastest among EVM blockchains.

Polygon, the leader of the Ethereum scaling solution, performed 8.4 times faster than Ethereum with 190 TPS on November 16, 2023.