Solana recently achieved a milestone, with its throughput briefly hitting over 100,000 transactions per second (TPS) in a stress test. A developer, Mert Mumtaz, co-founder of Helius, shared that a single block processed a total of 107,540 transactions, making Solana the “first major blockchain” to hit this figure on its mainnet.
However, the article points out a key detail: most of these transactions were “noop” (no-operation) program calls. These are lightweight instructions that don’t perform any real computation or state changes and are used to test the network’s capacity. While they don’t represent real-world use cases like token swaps or payments, Mumtaz suggests that the network could theoretically handle a similar volume of more complex transactions.
The article clarifies that Solana’s actual throughput is significantly lower. Its total TPS is currently around 3,700, but this figure is inflated by “vote transactions” from validators required for consensus. When these are excluded, Solana’s real TPS is closer to 1,000, according to data from Solscan and Chainspect.
Despite these nuances, Solana’s ecosystem is growing, largely driven by memecoin activity. The most popular platform on the network, Pump.fun, a memecoin minting and trading service, accounts for 62% of the network’s total value locked. The value of Solana’s decentralized finance apps has also climbed, nearing its all-time high.
August 2025, Cryptoniteuae
