Solana achieves record value of 1 TPs in the stress test - Memecoins dominate with 62% of network activity

Solana achieves record value of 1 TPs in the stress test - Memecoins dominate with 62% of network activity

Solana reaches record values ​​in the stress test and Memecoins take over the network

The Blockchain platform Solana recently reached a significant technical milestone by recording a record of 1 TPS (transactions per second) as part of a stress test. This value is impressive, but is partially influenced by noop calls (empty transactions that do not perform any function), which means that the actual performance of the network may not be fully represented.

A remarkable aspect of the current network activity is the dominance of memoins. These cryptocurrencies, which are often seen as less serious projects, have a significant share of 62 % of Total Value Locked (TVL) on the platform. This indicates that memoins currently have a significant impact on the use and growth of the Solana network.

Developments at Solana raise important questions about the future use of memoins and their sustainability in the cryptom market. With the increasing activity in this area, it remains to be seen how the network will develop and what challenges and possibilities are in the dynamic world of cryptocurrencies.