- 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.
However, 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.
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