Hamster Kombat's new Layer-2 (L2) blockchain, Hamster Network, has surpassed Solana in transactions per second (TPS).
Just two weeks after its launch, Hamster Network reached 34,028 TPS, nearly eight times faster than Solana’s 4,360 TPS, according to Solscan. This impressive speed puts Hamster Network ahead of Solana in raw performance, signaling potential to challenge Solana’s dominance in high-speed blockchain applications.
Hamster Network aims to address scalability challenges like high gas fees and network congestion, providing a low-cost, high-speed environment for decentralized applications (dApps). The network is also preparing to launch an accelerator program to support developers building on its platform.
Despite these achievements, the price of the Hamster Kombat token (HMSTR) has dropped by 0.5%, trading at $0.00208.
The launch of Hamster Network has generated optimism within the community, driving token demand as speculation about further growth rises. The network is also involving users in stress-testing through its “Hamster Boost” initiative, rewarding participants for helping ensure the platform’s stability before broader use.
If Hamster Network continues to maintain its speed and developer momentum, it could emerge as a serious contender in the Layer-2 space.
Solaxy ($SOLX) is revolutionizing blockchain technology by offering the first Layer-2 solution on Solana. This project significantly improves speed and reduces transaction fees, solving network congestion problems.
Solaxy’s advanced rollup architecture shows strong potential to optimize transaction speeds and reduce congestion-related inefficiencies on Solana. The project’s approach reduces congestion and ensures smooth execution, even during peak activity. For traders, this means faster and more reliable transactions, preventing failed swaps.
Beyond improving transaction efficiency, Solaxy is expanding interoperability between Solana and Ethereum. The $SOLX token functions as a multi-chain asset, allowing users to engage across both ecosystems. This provides access to Ethereum’s liquidity while benefiting from Solana’s speed and cost efficiency.
Tether is deepening its involvement in the tokenized gold space by introducing a new version of its gold-backed stablecoin—XAUt0—on The Open Network (TON).
Litecoin is taking a major leap into the world of DeFi and Web3 with the launch of LitVM, a newly introduced Layer-2 network designed to bring smart contract capabilities to the long-standing cryptocurrency.
Binance has announced its full technical support for an upcoming upgrade to the Siacoin (SC) blockchain, scheduled for June 6, 2025.
MetaMask is making a major leap beyond Ethereum by adding support for Solana, marking its first deep integration with a non-EVM blockchain.