Toncoin (TON) Blockchain Breaks Record for World’s Fastest Network, Beating Solana, Polygon, Visa, and MasterCard
Key highlights:
- TON has set a new record as the world’s fastest network accredited by blockchain security firm Certik
- TON surpasses renowned blockchains and payment systems including Solana, Polygon, Visa, and MasterCard with 104,715 transactions per second
- TON is trading at $ 2.24, halfway to its all-time high of $ 4.91 from December 2021
Telegram Open Network (TON) has become the buzz of the blockchain space a few hours after it achieved a new world record for the fastest blockchain with most TPS.
Following this event, TON had taken to Twitter to announce its new title as the "Fastest Blockchain in the World".
TON Achieves 104,715 TPS During GWR Public Performance Test
TON has joined the list of prominent networks in the blockchain landscape. The network has achieved remarkable success in its attempt to set a new world record for transaction speed.
On October 31st, the network embarked on a public test where it processed about 42 million transactions at an unimaginable speed of 104,715 transactions per second (TPS).
With this significant achievement, TON has outperformed leading and popular blockchains like Bitcoin, Ethereum, Solana, and many others. As such, the blockchain has emerged as the fastest and most scalable network among them all, successfully holding its own against other low-cost and efficient crypto networks.