Solana Hits 1.2M TPS—Congestion Returns Amid Meme Coin Frenzy
⚡ Solana’s network just peaked at 1.2 million transactions per second, driven by a wave of meme coin launches including TRUMP, MELANIA, and Fartcoin. But the surge has triggered severe congestion, with users reporting failed transactions, wallet delays, and priority fees spiking 4x.
📉 Phantom wallet processed over 10M transactions in 24 hours, but struggled with 8M+ requests per minute, while Jito Labs’ infrastructure buckled under load.
Coinbase users faced 15-hour delays on Solana-based transfers, prompting emergency scaling efforts.
💬 “This was a stress test—and Solana passed,” said Helius Labs CEO Mert Mumtaz.
Despite the strain, block production remained stable, and Solana maintained 100% uptime throughout the frenzy.
📊 Key metrics:
- TPS peak: 1.2M
- DEX volume: $3.8B
- Meme coin presale inflows: $100M+
- Ping loss: 30–50%
- Transaction failure rate: up to 80% during peak congestion
Why it matters:
✅ Meme coins are driving mainstream adoption
✅ Solana’s infrastructure held firm, but dApps need urgent upgrades
✅ Congestion highlights scalability limits—and future growth potential
🧠 Is Solana ready for mass adoption—or will dApp bottlenecks slow the next wave?
👇 Are you trading Solana meme coins or waiting for the next presale rush?
📌 Follow me for daily Solana ecosystem updates and meme coin insights.
Solana #TPS #MemeCoinFrenzy #TRUMPtoken #MELANIAcoin #Fartcoin
