#SOLUSDT Solana Leads as the Fastest Blockchain Among Large-Scale Blockchains

Research from CoinGecko says Solana is the fastest among large-scale blockchains, with average daily actual transactions per second (TPS) reaching a record high of 1,504 on April 6, 2023 as the rush meme coin explodes. Such statistics make Solana about 46 times faster than Ethereum and 5 times faster than Polygon.

To determine the fastest blockchains, CoinGecko research analyzed the processing speeds of the top 30 blockchains based on their total value locked (TVL) ranking on DefiLlama as of May 15, 2024. Processing speed is measured using actual or executed transactions per second (TPS), calculated as a daily average to ensure standardized comparisons across as many blockchains as possible.

CoinGecko claims the highest real TPS value reported in the study may differ from other calculations because they use daily averages. TPS data is derived from publicly available information provided by the respective blockchain explorers and Dune Analytics. However, several blockchains, including Hyperliquid, PulseChain, Kava, Cardano and Rootstock, were excluded from the study due to lack of complete data.