Solana Takes The Crown: CoinGecko Ranks It The Best, Leaving Ethereum Behind In Key Metric
Summary
Solana has emerged as the fastest large blockchain, achieving a record high of 1,504 transactions per second (TPS), making it 46 times faster than Ethereum. Despite its performance, Solana has only reached 1.6% of its theoretical maximum speed of 65,000 TPS. Other non-Ethereum Virtual Machine (EVM) blockchains like Sui, TON, and NEAR also exhibit high TPS, outpacing EVM and EVM-compatible blockchains. BNB Smart Chain (BSC) is the fastest Ethereum-based blockchain, recording 378 TPS. Despite Polygon's impressive speed, non-EVM blockchains still surpass it. At present, SOL is trading at $168, marking a 720% gain year-to-date.
