The Toncoin (TON) developers recently conducted a public testing of the blockchain speed and concluded that the chain is capable of clocking as high as 104,715 transactions per second (TPS), thus outpacing Ethereum and Solana.
Amid positive developments in the Toncoin ecosystem in the recent past, the TON price has gained about 42 percent YTD to trade around $2.14 on Wednesday with an average daily traded volume of approximately $75 million.
The Open Network (TON) Foundation reported on Tuesday that the Toncoin (TON) network has made history as the fastest blockchain and also bypassed leading centralized payment networks like PayPal, Visa, and Mastercard.
According to the announcement, the TON blockchain scaled to a speed of over 101K transactions per second (TPS), hence outshining traditional payment services like Mastercard, Visa, and PayPal. The TON blockchain intends to help its millions of users seamlessly transfer funds around the world securely and at scale, in a bid to ensure i

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