📊 Solana tops as fastest blockchain amid meme coin craze!
💲 Solana has emerged as the fastest major blockchain, according to CoinGecko. On April 6, it hit a record high of 1,504 transactions per second (TPS) due to the 🙀 meme coin boom.
Key points of report:
🔹 Solana is 46 times faster than Ethereum and over 5 times faster than Polygon.
🔹 Despite its speed, Solana only reached 1.6% of its theoretical max of 65,000 TPS.
🔹 BNB Chain and Polygon are the fastest EVM blockchains, with 378 TPS and 190 TPS, respectively.
🔹 Ethereum clocks in at 22.7 TPS.
💯 Most TPS records were set in the last 12 months, with 12 networks peaking in 2023 and another 12 in 2024, indicating a surge in on-chain activity driven by meme coin speculation.