Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.
That’s well above Visa’s ~65,000 TPS benchmark and 25x Solana’s normal throughput.
But the test used “no-op” transactions – empty instructions that don’t represent real-world transfers or swaps.
Today, actual economic activity on Solana still averages closer to 1,000-1,400 TPS once validator votes are excluded.
First, this milestone shows Solana’s raw technical ceiling but also the gap between stress-test performance and live user activity.
The real unlock lies in upcoming upgrades:
Together, these upgrades could bring Solana’s theoretical performance closer to reality, positioning it as the leading chain for consumer apps and payments at web-scale.
Now why does that matter?
Because a strong foundational narrative has never mattered more for crypto majors and blockchains.
Tom Lee and Larry Fink have taken the fundamental narrative that Ethereum builders and the Foundation have been building for years – and they’ve packaged it up and are delivering it to Wall St.
Solana needs its spokesmen now. But the pitch is there.
Solana is the lightning-fast chain; the Visa of blockchains.
With SOL ETFs likely coming in Q4 and speculation of some SOL TreasuryCos as well, Solana is positioned well to take its seat at the Wall St crypto table alongside BTC and ETH.
Here’s a rundown of major token, protocol and airdrop news from the day:
Section dedicated to headlines in the AI sector of crypto:
Here is the list of other notable headlines from the day in NFTs:
