Solana Virtual Machine (SVM) Rollup SOON Launches Public Testnet with 30,000 TPS Performance Benchmark

On November 8, COINOTAG News reported that the Solana Virtual Machine (SVM) has officially launched its public testnet known as SOON. This robust testnet showcases an impressive performance with a throughput of 30,000 transactions per second (TPS) and a rapid block finality time of just 50 milliseconds. Such performance metrics highlight the technological advancements that Solana is making in the realm of blockchain scalability. SOON has advised all participants of the recent Genesis Hackathon to transition their projects to this newly unveiled testnet, which is expected to facilitate enhanced functionality and flexibility for developers. The migration aims to optimize user experience and ensure that projects can scale effectively in an increasingly competitive crypto landscape. The emphasis on performance and efficiency positions SOON as a critical development in the blockchain ecosystem.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

Bitcoin Emerges as Safe Haven Amid Decreasing Correlation with Altcoins

According to a recent report by IntoTheBlock, dated March...

US 4th Quarter GDP Increases by Annualized 2.4% Quarter Over Quarter, Exceeding Estimate of +2.3%

US 4th Quarter GDP Increases by Annualized 2.4% Quarter...

$KILO Listed in Binance Alpha Projects

$KILO Listed in Binance Alpha Projects

KiloEx TGE Surpasses Expectations, Raises 442,900 BNB in Record Subscription Event

KiloEx's recent Token Generation Event (TGE) has concluded with...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img