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crypto.news 2025-03-04 16:47:21

Hamster Network hits 34,028 TPS, surpassing Solana and Aptos

Hamster Network is processing 34,028 transactions per second, positioning itself among the fastest blockchain platforms. This performance surpasses other notable blockchains, such as Aptos ( APT ), with a maximum recorded TPS of 11,936, Solana ( SOL ) at 7,229, and Algorand ( ALGO ) at 5,716, according to data seen by crypto.news. Hamster Kombat ( HMSTR ) developers are working to create utility for the token. They recently launched a layer-2 network on the TON ( TON ) blockchain aimed at improving transaction speeds and lowering costs. You might also like: Marathon Digital stock down 5% amid concerning Bitcoin production announcement Hamster Kombat’s larger transaction volume In simple terms, a blockchain is a digital ledger that records transactions across a decentralized network of computers. TPS measures the speed at which transactions are processed, with higher TPS indicating a network’s ability to handle a greater number of transactions in a given timeframe—an essential feature for applications that require fast and efficient processing. Hamster Network’s recent milestone allows it to handle a significantly higher transaction volume compared to many existing platforms. This capability is particularly crucial for decentralized applications, which operate on a blockchain rather than a centralized server. Faster transaction speeds can lead to more responsive and efficient DApps, enhancing user experience and broadening the scope of potential applications. However, it’s important to note that theoretical or peak TPS figures often differ from real-world performance. While some platforms claim high theoretical TPS, their actual observed performance may be significantly lower. You might also like: US crypto reserve bombshell sends XRP, ADA soaring; ETH whales eye GameFi utility project