The list of altcoin networks that enable users to make the fastest transactions in the cryptocurrency market has been published.
In the list in question, the maximum daily average per second speeds of altcoin networks were measured. The list is shaped like this:
- Solana – 1,054 TPS
- Sui – 854 TPS
- BSC – 378 TPS
- Polygon – 190 TPS
- TONS – 175 TPS
- Tron – 160 TPS
- Near – 118 TPS
- Avalanche – 89 TPS
- Cronos – 72 TPS
- Gnosis – 66 TPS
- Phantom – 59 TPS
- Arbitrum – 59 TPS
- Linea – 56 TPS
- Aptos – 49 TPS
- Base – 37 TPS
- Mantle – 25 TPS
- Ethereum – 23 TPS
- Starknet – 12 TPS
- Optimism – 12 TPS
- Bitcoin – 11 TPS
- Blast – 10 TPS
- Merlin – 7 TPS
- Mode – 7 TPS
- zkLink Nova – 4 TPS
- Thorchain – 2 TPS
Solana has proven to be the fastest among the major blockchains, with its actual daily average transactions per second (TPS) breaking a record, reaching 1,504 on April 6 this year, amid the memecoin craze. This makes Solana 46 times faster than Ethereum and 5 times faster than Polygon, which has the highest TPS among Ethereum scaling solutions.
The second fastest blockchain was Sui, which also does not have an EVM, and recorded the highest real TPS value with 854 in July 2023, with the onchain game called Sui 8192 gaining popularity.
BNB Smart Chain (BSC) reached 378 in real TPS on December 7, 2023, driven by an inscription-driven increase in on-chain activity. This makes BSC the fastest blockchain among EVMs, but it ranks only third overall and can achieve less than half the throughput speed of Sui.
*This is not investment advice.
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False information
Nano (XNO) is the fastest cryptocurrency.