Starknet’s TPS Breakthrough: What It Means for Blockchain's Future 🚀
Starknet, a Layer-2 scaling solution on $ETH recently hit a new milestone with 857 transactions per second (TPS) during a controlled stress test! With an impressive sustained average of 127.5 TPS over 24 hours, Starknet is proving it can support high-demand applications. 🎉
Eli Ben-Sasson, CEO of StarkWare, emphasized that Starknet’s approach keeps core blockchain values intact. Unlike some projects that sacrifice principles for higher TPS, Starknet aims to make blockchain secure and scalable for real-world use. 💪
Despite these advancements, the $STRK has faced a significant downtrend, dropping over 80% in the last year to a low of $0.32, now around $0.40. This contrast between tech growth and token value highlights the complex market dynamics blockchain projects face.
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