Solana’s 40,000 TPS Highlights Cardano’s Obsolete Performance Claims
- Solana’s TPS surged to 40,000 with the Frankendancer launch, surpassing Cardano’s 1.3 TPS.
- Crypto analyst Marty Party questioned Cardano’s scalability claims, urging investors to switch to Solana.
- Sui Network outperformed both Solana and Cardano with a 108% price increase over the last month.
Solana’s transaction throughput has soared to 40,000 transactions per second (TPS) with the recent mainnet-beta launch of Frankendancer, a new validator client. This development has ignited comparisons with Cardano, a network that currently supports just 1.3 TPS. Crypto analyst Marty Party highlighted this disparity in a post on X, calling into question Cardano’s claims of higher throughput.
Notably, the sharp contrast between the two blockchains has sparked debates within the crypto community. Marty Party urged investors to consider switching from Cardano (ADA) to Solana (SOL), suggesting that Cardano’s promises of higher scalability may be misleading.
However, while Cardano’s website notes that its eUTXO model can theoretically handle hundreds of transactions per second, the actual performance seems to lag significantly. This difference in performance has raised concerns about Cardano’s future potential in the increasingly competitive blockchain space.
Community Reaction and Shift Toward Solana
Consequently, following Marty Party’s comments, discussions within the crypto community intensified. Several of his followers expressed interest in converting their ADA holdings to SOL.
In addition, others pointed out alternatives, including the Sui Network (SUI), which has also seen a significant price surge in recent weeks. CoinMarketCap data shows that SUI gained over 108% in the last month, outpacing both Solana and Cardano.
While SOL has gained 8.66% in the past month, Cardano has risen by only 9.40%. Solana’s price has increased by 3.60% in the last 24 hours alone, reaching $144.12.
Read CRYPTONEWSLAND on google newsHowever, despite Solana’s recent performance boost, its trading volume has declined by 19.68%. Still, Solana remains the fifth-largest cryptocurrency, with a market capitalization of $67.5 billion.
Future Implications for Cardano and Solana
Therefore, the widening performance gap between Solana and Cardano raises questions about the long-term competitiveness of these networks. As Solana continues to improve its TPS and transaction efficiency, Cardano faces increasing pressure to address scalability concerns. Marty Party’s critique has only fueled further speculation about whether Cardano will be able to deliver on its scalability promises.
Moreover, with Solana showing signs of continued growth and performance enhancements, some investors are reconsidering their positions. The shift in community sentiment toward Solana, and to a lesser extent, Sui Network, highlights the growing competition among blockchain platforms. As the crypto space evolves, the pressure on underperforming networks like Cardano will likely increase.
disclaimer read moreCrypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Mutant Ape NFT ripoff creator to forfeit $1.4M, avoids prison
ZK-proofs are more affordable than legacy ID systems — Cysic founder
Expert Reveals Obstacle Keeping XRP Price from Big Rally as This Ripple Rival Aims for 12000x Run