Big news in the blockchain world as Solana has officially surpassed the 2000 TPS mark, making a bold statement in the ongoing race for scalability! This puts Solana not just ahead of other major cryptos but also challenges traditional payment processors like credit card companies in terms of transaction speed.
What’s more, while BNB shows high TPS, its centralization is a concern. Solana’s feat is significant as it combines high throughput with decentralization, something we've been advocating for a long time.
With Ethereum priced at $3k but managing only around 62 TPS max, and Bitcoin at about 11 TPS, can we start speculating? Could we see Solana hit a $3k price point soon? What are your thoughts?
Yeah I mean it's a good achievement and SOL is one of the finest projects to invest in my opinion because of number of reasons. First of all they have improved a lot since 2021. They have made some very positive changes in their platform and because of that their progress is elevated so much. Their layer 2 projects have an amazing use case over the congestion in different types of blockchains like ETH.
Reaching 3k mark is a little challenging. I don't expect this much reach at least In this bull run but definitely it can reach up to this mark due to its strong team and use case. Let's see when!