Neon EVM Hits Record-High 730 TPS On Mainnet
Summary
Neon EVM, a smart contract on Solana, achieved a record-breaking 730 TPS on its mainnet, showcasing its parallel processing architecture. The utility token NEON surged 116% in value, attracting investor interest and multiple listings. Neon EVM outperformed Ethereum's transaction speed and stands as the only parallel processing EVM live on the mainnet. Similarly, Polygon's PoS chain demonstrated scalability and efficiency by handling over 16 million transactions in a day, with validators earning substantial rewards. These developments highlight the growing importance of scalability solutions in the crypto market.
