VENOM TPS SUCCESS
Venom, a new blockchain, recently announced that it hit 150,000 transactions per second (TPS) in a closed-network test. This is significantly higher than Solana's theoretical limit of 65,000 TPS and even Visa's 24,000 TPS capacity, positioning Venom as a high-throughput competitor in the blockchain space.
This successful test, which occurred on Friday, May 23, caused Venom's token price to rise by 2%. The Venom Foundation plans to launch its mainnet in the third quarter of 2025.