Solana Rival Base has reached 400 TPS, says the main contributor

The company's head of protocols, Jesse Pollack, said Coinbase's Ethereum Layer-2 network base is hitting the highest transaction per second (TPS).

In a post to X on April 9, Pollack reported seeing output rates of up to 300–400 TPS, which he said was being achieved “without issue”.

However, the Coinbase-backed layer-2 blockchain has a real-time TPS of 26.8 and the highest recorded TPS of 292, according to Chainspect.

Layer-2 ecosystem analysis platform L2Beat reports that average transactions per second on Base reached a peak of 37 on April 8, more than double Ethereum's 14 TPS.

In a response to Pollack's original post on X, Anonymous Trader Waze said that if Pollack's observation is correct, the network may be achieving the same TPS as Solana's network.

Correct me if I'm wrong, but if true, Base is now running the same TPS as Solana.

Waze added that of the 1,000 TPS reported by Solana, about 60 percent were failed transactions, meaning the actual TPS was closer to 400.

Mert Mumtaz, CEO of Solana-based Helius Labs, questioned Polak's TPS figures, noting that failed transactions are not included in the base figures.

He added that the largest base block in the data provided had 94% failed transactions, which is a true TPS of 41.

The findings come amid growing controversy between proponents of Ethereum Layer-2 scaling solutions and supporters of the Solana network. In recent weeks, Solana has been plagued by vocal complaints about poor user experience, transaction failures and other reliability issues.

Mumtaz has previously said that Solana's current issues are not due to a fundamental design flaw, but to a specific implementation error in the network's protocol.

On April 9, Cointelegraph reported that several Solana project launches have been delayed due to ongoing network congestion.

Related: Base TVL doubles in one month. When researchers give memecoins to drive adoption

Base has seen a significant uptick in network activity in recent months, largely due to the growing frenzy of memecoin.

According to Defilama data, the total locked value (TVL) on the Base network rose to $1.5 billion on April 9. This represents a 235% increase from earlier this year when memecoin degens flooded the network.

As devs raced to find the latest trend in new memecoins, an in-depth analysis of new memecoins on Base found that over 90% had at least one security vulnerability, and 17% were outright scams.

Magazine: 1 out of 6 new Base memecoins are scams, 91% vulnerability