Solana’s Weekend: 100K TPS and the Art of No-Op Transactions! 😂💸

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In the grand theater of blockchain, where the actors are mere lines of code and the audience is a sea of eager investors, Solana took center stage this past weekend. With a flourish, it claimed the spotlight, boasting a staggering 100,000 transactions per second (TPS) – a feat that would make even the most seasoned magician raise an eyebrow.

On that fateful Sunday, August 17, a single block, like a valiant knight, gallantly processed 43,016 successful transactions, while 50 others met their untimely demise. The grand total? A dizzying 107,540 TPS! Solana, it seems, has become the first major blockchain to flirt with six-figure TPS on its mainnet, leaving the audience gasping in disbelief.

“When we said 1,000,000 TPS – you didn’t think we were kidding, did you?

You are not gonna out-engineer Solana!

First major blockchain with a recorded 100K TPS on mainnet.

I’ll also get out in front of the typical reply guys:

‘But muurt, these are noop program calls, they’re…”

– Mert | helius.dev (@0xMert_) August 17, 2025

Ah, but what are these transactions, you ask? Most were mere “noop” program calls, those whimsical little instructions that perform no real actions but satisfy Solana’s quirky requirement that each transaction must include at least one instruction. Think of them as the blockchain equivalent of a warm-up act – entertaining, but not quite the main event.

Mumtaz, with a twinkle in his eye, suggested that in a theoretical world, Solana might handle a respectable 80,000-100,000 TPS for genuine operations, like token transfers or oracle updates. But alas, in the realm of reality, the network moves at a more pedestrian pace. Solscan reports a modest 3,700 TPS, with two-thirds of those being vote transactions from validators – the unsung heroes who approve blocks. The true throughput? Closer to 1,000 TPS, according to the wise sages at Solscan and Chainspect.

Yet, despite the numbers dancing like fireflies in the night, Solana remains a bustling marketplace. Memecoins reign supreme, with Pump.fun, a memecoin minting and trading platform, clutching a hefty 62% of the total value locked in Solana’s decentralized finance (DeFi) ecosystem. Who knew that the future of finance would be so… meme-tastic?

As for the SOL token, it was trading at $183.35 at the time of this writing, down 5.15% from its previous week’s high of $208, and a staggering 36% below its January peak of $293, according to the oracle known as CoinMarketCap. Ah, the sweet, sweet irony of crypto!

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2025-08-18 11:17