Solana's recent update to version 1.18 has significantly improved its transaction processing capabilities, achieving nearly 2,000 transactions per second (TPS) and consistently running at 3,200 TPS with 2-second average finality. This performance is notable given the network's 1.8 million unique wallet users, which is 15 times the unique users of Ethereum and its Layer 2 solutions combined. An optimistic guess suggests Solana could break 10,000 TPS by the new year. Meanwhile, Ethereum Layer 2 solutions are handling 9 million transactions daily at minimal costs. In the Layer 2 space, Base has emerged as the most performant network, achieving over 36 TPS and approaching new all-time highs in daily activity levels.
Solana pushing 3000+ transactions per second⦠Bullish. Higher. https://t.co/ulEnB4zjQr
Solana v1.18 running a consistent 3200 tps 2200 non voting with 2s average finality on 1.8m unique wallet users - that adoption is 15x the unique users of Ethereum and all its L2s combined. There is nothing else even close to this machine in testing. Accumulate under $200.β¦ https://t.co/BiFgVNYgSi
$ETH L2s casually doing 9m tx a day, with txs that cost less than a fraction of a cent! https://t.co/0nLHVjg2nL
Throughout the entire L2 space, @base is now the most performant in terms of transactions per second and is currently achieving over 36 TPS. This is particularly interesting given the network is handling levels of daily activity that are approaching new all-time highs, with⦠https://t.co/uom1GW52Ag
Solana almost at 2k true tps after 1.18 and this is with a bunch of known shortcomings in the txn pipeline optimistic guess: we break 10k by new year https://t.co/K4sVNDsQfS