Transactions per Second (TPS) of Solana

    The Solana network launched in 2020, and has since grown to become the fifth-largest cryptocurrency with a market cap of 47 billion US dollars. An order of magnitude faster than Ethereum, which has been used to complete more than 50 billion transactions and minted more than 5.7 million non-exchangeable tokens (NFT). In this manuscript we will look at the the speed of Solana network by calculating TPS.