Usman Salis
SOL trades at $186 after dropping 7.53% as Solana's cofounder discusses network upgrades that pushed transaction capacity to 1,700 TPS.
Solana's cofounder just stirred up the crypto community with a pretty interesting tweet. He said "Doubling block capacity is easier than BLS vote aggregation economics," which sounds super technical but basically means Solana has a simpler path to scaling than other blockchains like Ethereum.
This comment came right after Solana activated a major upgrade called SIMD-0256. Think of it like widening a highway – they increased the network's block capacity from 48 million to 60 million Compute Units (CUs). More space means more transactions can go through without everything getting jammed up.
But here's the kicker – they're not stopping there. Solana wants to hit 100 million CUs eventually, which would double their original 50 million limit. That's pretty aggressive, but that's just how Solana rolls. While other networks are building complex workarounds, Solana's approach is basically "let's just make the main chain faster."
The BLS signature stuff he mentioned? That's the fancy consensus mechanism Ethereum uses. The fact that Solana's cofounder thinks their approach is easier shows they're confident about taking a different route than everyone else.
SOL (Solana) Hits 1,700 TPS Milestone
Here's where things get really interesting – Solana just hit 1,700 transactions per second during actual peak usage hours. That's not some lab test; that's real people using the network when it's busiest. The cofounder was pretty pumped about it, tweeting: "I think Solana added more capacity than Ethereum and all of its L2s combined."
That's a bold claim, but the numbers don't lie. For comparison, Bitcoin does about 7 TPS and Ethereum manages around 15. Even with all those Layer 2 solutions trying to speed up Ethereum, Solana's raw throughput is just crushing it.
This isn't just about bragging rights either. Higher capacity means cheaper fees and faster transactions for everyone using the network. When things get crowded, fees skyrocket and everything slows down – we've all seen what happens to Ethereum during busy periods.
SOL (Solana) Price Takes a Hit Despite Tech Progress
Despite all this good news on the tech front, SOL is having a rough day. It's down 7.53% to $186, which is a bit of a bummer considering it just broke above $200 for the first time since June 6.
The timing is kind of weird when you think about it. SOL hit that $200 milestone right as Solana was seeing a two-month surge in development activity. More developers usually means more cool apps, which should be good for the price, right?
But crypto markets are funny like that. Sometimes great technical progress and price don't move in the same direction, at least not right away. The broader market hasn't been great lately either, so this dip might just be everything getting dragged down together.
What's encouraging is that the fundamentals look solid. The network is faster than ever, handling more transactions, and developers are clearly interested in building on it. If Solana can deliver on that 100 million CU target while keeping things running smoothly, it could really shake up the whole blockchain space.
For now, SOL holders are probably hoping this is just a temporary setback. The tech is clearly moving in the right direction, even if the price isn't cooperating today.
Usman Salis
