Breakthroughs Forwarded from SOLANAUPDATES.Powerful.Money
Solana can process an industry-leading 65,000 transactions per second, or TPS. (It is currently processing more than 3,500 transactions per second.)
Its fees are minuscule—averaging just $0.00025 per transaction.
Solana certifies its scalability ensures that fees will remain at less than $0.01 per transaction... for everyone
Ethereum, by contrast, is now so congested that it’s processing 16 transactions per second at an average cost of $14 per transaction, according to Etherscan.
The head of digital asset strategy at Bank of America, in a note published publicly, said...
"Given its low cost, speed, and scalability, Solana... “could become the VISA of the digital asset ecosystem” (globally) |