Hamster Network surpasses Solana in transaction speed: Impact for Blockchain

Hamster Kombat has just launched their latest Layer-2 (L2) network, Hamster Network, which recorded a significant achievement in the blockchain industry. Within two weeks of its launch, the network is claimed to have achieved 34,028 transactions per second (TPS), far surpassing Solana which currently has a TPS of around 4,360.

High transaction speed is one of the main factors in blockchain adoption, especially in the gaming industry and decentralized applications(dApps). With this achievement, Hamster Network has the potential to become a serious competitor to Solana in terms of transaction speed and efficiency.

Potential Impacts for the Blockchain Ecosystem

Solana has long been recognized as one of the fastest blockchains, with a high capacity to process transactions. However, the speed spike achieved by the Hamster Network signals a new innovation that could change the blockchain landscape, especially in the tap-to-earn gaming industry like Hamster Kombat.

In addition to offering high speeds, the Hamster Network also aims to address common challenges that other blockchains face, such as high transaction fees(gas fees) and network congestion. With lower fees and better scalability, the network has the potential to attract more developers to build dApps within its ecosystem.

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Accelerator Program and Effect on Token Price

Hamster Network focuses not only on speed, but also on developing its ecosystem. They announced plans to launch an accelerator program to support developers in creating more efficient decentralized applications. This move is expected to accelerate adoption and strengthen Hamster Network’s position in the Layer-2 market.

However, despite the great achievements in terms of technology and network performance, the price of the Hamster Kombat token has slightly decreased by 0.5%. Currently, based on data from CoinGecko, the price of HMSTR is trading at around IDR 34.33. This decrease shows that other factors, such as market speculation and macroeconomic conditions, still play a role in determining the price of crypto assets.

Conclusion

Hamster Network’s success in recording higher transaction speeds than Solana demonstrates its great potential in the future. With upcoming accelerator initiatives and a focus on low cost and high scalability, Hamster Network could become one of the major players in the Layer-2 ecosystem.

However, challenges remain, including how the network will maintain its edge amidst fierce competition in the blockchain space. Investors and developers are advised to keep a close eye on further developments before making any investment or involvement decisions in the project.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• BeInCrypto. Hamster Kombat’s L2 Network Surpasses Solana in TPS. Accessed March 6, 2025.
• Featured Image: Decrypt