On August 17th, Solana became the first blockchain to surpass 107,540 transactions per second (TPS) during a stress test, as reported by Mert Mumtaz, co-founder of Helius.
Stress Test Results
During the test, one block processed 43,016 transactions, with only 50 failures. Most of these were no-operation transactions, designed to measure throughput rather than execute real computations.
Mumtaz explained that even with this caveat, Solana has the potential to handle 80,000–100,000 TPS for common blockchain operations such as transfers, oracle updates, and DeFi interactions.
Real Network Performance
In practice, the throughput is lower:
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Current TPS (according to Solscan): around 3,700
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Effective TPS (excluding validator consensus operations): 1,004–1,050
Even so, Solana operates roughly 59 times faster than Ethereum’s mainnet, confirming its position as one of the most efficient blockchains available today.
Adoption Metrics
The strong technical performance is matched by user activity:
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80.9 million active addresses in the past month
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2.4 billion transactions processed
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Main areas of activity: meme coins and DeFi
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Leading platforms: Pump.fun (meme coin generator) and Jupiter (DEX aggregator)
TVL and Market Overview
According to DeFi Llama, Solana’s Total Value Locked (TVL) recently exceeded $10.4 billion, which is 11% below its all-time high of $11.7 billion recorded in January 2025. Despite this, the SOL token has faced some market pressure, currently trading at $181 — down 5.7% in the last 24 hours due to broader market corrections. On August 14th, SOL briefly broke above $205, marking its highest point since July.
Why This Matters
For developers, investors, and blockchain enthusiasts, Solana’s new throughput record shows more than just technical progress. It highlights the potential for high-performance DeFi and NFT platforms, demonstrates infrastructure scalability, and confirms that user adoption is steadily growing despite market volatility.
