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Solana Hits 1,350 TPS—A New Benchmark in Blockchain Speed as  Cardano, Ethereum, and BNB See Dust

Solana’s transactions per second (TPS) lightning speed recently caught the attention of the crypto community. According to DeFi Dev Corp., “Earlier this week, Solana’s daily average TPS hit a year-to-date...

Solana Hits 1,350 TPS—A New Benchmark in Blockchain Speed as  Cardano, Ethereum, and BNB See Dust

Analysts Predict Solana Could Reach $4,000 as Highly Reliable Pattern Takes Shape

Solana’s transactions per second (TPS) lightning speed recently caught the attention of the crypto community.

According to DeFi Dev Corp., “Earlier this week, Solana’s daily average TPS hit a year-to-date high of 1,350 TPS (non-vote txns). That’s: 9× faster than BNB, 15× faster than TRX & Base, 95× faster than ETH, and 5,400× faster than ADA.”

Source: DeFi Dev Corp.

Having achieved a year-to-date high of 1,350 TPS, Solana is now processing transactions much faster than Cardano, Ethereum, and Binance (BNB), setting a new standard for blockchain performance.

By reaching this milestone, SOL is raising the bar for blockchain performance. This shows it’s currently one of the fastest blockchains in terms of transaction throughput.

Solana’s Higher Lows Signal Bullish Momentum Gaining Steam

According to a crypto pundit, “SOL is holding strong at $164.13, up +3.20%, after a healthy pullback from its 24H high of $168.20. The 4H chart shows a textbook bull flag forming, with higher lows and clear signs of strength. Momentum is building again, and another leg up could follow if $165 resistance breaks.”

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Based on this analysis, Solana is eyeing breaching the major resistance at the psychological price of $165, thanks to the formation of higher lows.

Higher lows signal growing bullish momentum, as each pullback holds above the previous one, indicating strong buying pressure and upward trend continuation.

Even though Solana has pulled back to the $162.59 zone, the 6th-largest cryptocurrency based on market cap is still 9.9% up on the weekly chart.

Meanwhile, popular crypto analyst Alek Carter recently opined that the $300 price level was within reach if spot exchange-traded funds (ETFs) got the green light in the Solana ecosystem.

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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