#Top 5 Fastest Blockchains Revolutionizing Transactions.
SOLANA🚀
Among other major blockchains, Solana proved to be the fastest with a record high of 1,504 TPS on April 6, 2024. The surge in transactions on Solana was largely influenced by the rapidly growing popularity of memecoins on the network. This record makes Solana 46 times faster than competitor blockchains such as Ethereum, and five times faster than Polygon.
SUI🔥
Under Solana, Sui followed as the second fastest blockchain by recording the highest TPS of 854 in July 2023, amidst the soaring popularity of the Sui 8192 on-chain game at that time. This figure also makes Sui the fastest non-Ethereum Virtual Machine (EVM) blockchain currently
BSC✈️
BNB Smart Chain (BSC) recorded 378 TPS on December 7, 2023, amidst a surge in on-chain activity driven by the Ordinals inscription. Apart from being the third fastest blockchain, BSC also set a record for being the fastest blockchain among other EVM-based networks. BSC is the fastest EVM blockchain even though it only reaches half the speed of Sui.
POLYGON💰
The surge in transaction demand for inscription also affected Polygon, which set a record of up to 180 TPS on November 16, 2023. Currently, Polygon is the fastest network among other scaling solutions on Ethereum, and is even 8.4 times faster than Ethereum itself.
TON💲
Another non-EVM blockchain that is no less fast is The Open Network (TON) which recorded 175 TPS. Recently, TON has attracted attention due to its aggressive integration between crypto assets and online messaging application Telegram.