Solana (SOL) Price Dips 5% Despite “Record-Breaking” TPS Announcement
0
0

- Solana hits record 107,664 TPS, though real user throughput remains closer to 1,050 TPS.
- Despite the move, the SOL price dropped 4.94% to $182.96, and the market cap fell below $99 billion.
- Trading volume jumps 66.71% to $5.99B, showing strong market activity amid price decline.
Solana just set a new processing record over the weekend, hitting a massive 107,664 transactions per second (TPS) in a single block. This is the highest throughput ever measured on the network, but there’s a big catch you need to know about.
A New Record, But What Does It Mean?
Data from SolanaFloor showed that one block late Sunday achieved the peak TPS. Mert Mumtaz, co-founder of the developer firm Helius, confirmed it was the first time a major blockchain had exceeded 100,000 TPS.
However, many of those transactions were identified as “noop” calls—program instructions that are used to stress-test the system without actually changing the state of…
The post Solana (SOL) Price Dips 5% Despite “Record-Breaking” TPS Announcement appeared first on Coin Edition.
0
0
Securely connect the portfolio you’re using to start.