Solana has been recognized as the world's fastest blockchain, handling over 95 million transactions in a single day. The network's daily average transactions per second (TPS) stand at 1,053, significantly higher than Ethereum's 22.8 TPS and Bitcoin's 10.7 TPS. Solana's design prioritizes minimizing latency and maximizing throughput, achieving impressive performance despite not reaching its theoretical maximum of 65,000 TPS. The platform's innovative features include a novel timestamp mechanism and parallel transaction processing, aiming for rapid global state synchronization.

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