According to Blockworks, the debate over transactions per second (TPS) has intensified within the crypto community, particularly between Solana and Ethereum. Solana, known for its higher TPS compared to Ethereum, recently saw its high-performance client, Firedancer, developed by Jump Crypto, enter its testnet phase. Jump Crypto's chief scientist, Kevin Bowers, announced during a Solana Breakpoint talk that Firedancer achieved 1 million TPS in synthetic testing.

This announcement sparked discussions on social media, with a crypto venture capitalist highlighting Solana's progress while contrasting it with Ethereum's ongoing debates. Namik Muduroglu, part of the founding team for the upcoming layer-2 solution MegaETH, shared a GitHub screenshot indicating that Solana's protocol is currently capped at around 81,000 TPS. Muduroglu also noted that MegaETH aims to have shorter block times than Solana, potentially processing transactions milliseconds faster. Solana supporters responded by stating that the 81,000 TPS limit is adjustable and criticized MegaETH for commenting on an existing blockchain while still being unreleased.

TPS, which measures how many transactions a blockchain can process per second, is often used aspirationally. Firedancer's 1 million TPS was achieved in a testing environment without actual user transactions. Other unreleased blockchains like Monad and Layer N have also reported high TPS numbers in testing. Solana's TPS is influenced by whether