• bitcoinBitcoin (BTC) $ 116,177.00
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  • xrpXRP (XRP) $ 3.03
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  • bnbBNB (BNB) $ 775.93
  • solanaSolana (SOL) $ 174.71
  • usd-coinUSDC (USDC) $ 0.999772
  • staked-etherLido Staked Ether (STETH) $ 3,691.97
  • dogecoinDogecoin (DOGE) $ 0.211774
  • tronTRON (TRX) $ 0.324066
  • cardanoCardano (ADA) $ 0.741896
  • wrapped-stethWrapped stETH (WSTETH) $ 4,492.04
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  • hyperliquidHyperliquid (HYPE) $ 41.86
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  • hedera-hashgraphHedera (HBAR) $ 0.248217
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  • leo-tokenLEO Token (LEO) $ 8.94
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  • the-open-networkToncoin (TON) $ 3.32
  • ethena-usdeEthena USDe (USDE) $ 1.00
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  • whitebitWhiteBIT Coin (WBT) $ 43.40
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  • moneroMonero (XMR) $ 303.47
  • bitget-tokenBitget Token (BGB) $ 4.47
  • pepePepe (PEPE) $ 0.000011
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.19
  • crypto-com-chainCronos (CRO) $ 0.136640
  • aaveAave (AAVE) $ 268.27
  • daiDai (DAI) $ 0.999949
  • ethenaEthena (ENA) $ 0.546135
  • bittensorBittensor (TAO) $ 360.50
  • ethereum-classicEthereum Classic (ETC) $ 20.74
  • nearNEAR Protocol (NEAR) $ 2.55
  • pi-networkPi Network (PI) $ 0.407953
  • aptosAptos (APT) $ 4.33
  • ondo-financeOndo (ONDO) $ 0.916071
  • okbOKB (OKB) $ 47.77
  • internet-computerInternet Computer (ICP) $ 5.25
  • jito-staked-solJito Staked SOL (JITOSOL) $ 213.07
  • mantleMantle (MNT) $ 0.739567
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • kaspaKaspa (KAS) $ 0.089777
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,771.86
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.034786
  • usd1-wlfiUSD1 (USD1) $ 0.998341
  • algorandAlgorand (ALGO) $ 0.244671
  • bonkBonk (BONK) $ 0.000027
  • arbitrumArbitrum (ARB) $ 0.401743
  • gatechain-tokenGate (GT) $ 17.35
  • vechainVeChain (VET) $ 0.023749
  • cosmosCosmos Hub (ATOM) $ 4.30
  • fasttokenFasttoken (FTN) $ 4.59
  • render-tokenRender (RENDER) $ 3.70
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.211540
  • worldcoin-wldWorldcoin (WLD) $ 1.03
  • binance-staked-solBinance Staked SOL (BNSOL) $ 186.14
  • official-trumpOfficial Trump (TRUMP) $ 9.04
  • susdssUSDS (SUSDS) $ 1.06
  • skySky (SKY) $ 0.083277
  • sei-networkSei (SEI) $ 0.300841
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.668054
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,221.97
  • story-2Story (IP) $ 5.82
  • quant-networkQuant (QNT) $ 116.60
  • spx6900SPX6900 (SPX) $ 1.79
  • filecoinFilecoin (FIL) $ 2.40
  • flare-networksFlare (FLR) $ 0.023878
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,888.65
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 115,923.00
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.99
  • xdce-crowd-saleXDC Network (XDC) $ 0.096066
  • jupiter-exchange-solanaJupiter (JUP) $ 0.501342
  • usdtbUSDtb (USDTB) $ 0.999587
  • kucoin-sharesKuCoin (KCS) $ 11.21
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,887.52
  • curve-dao-tokenCurve DAO (CRV) $ 0.989411
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,975.34
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 4,004.09
  • usdt0USDT0 (USDT0) $ 0.999277
  • blockstackStacks (STX) $ 0.729909
  • injective-protocolInjective (INJ) $ 13.38
  • nexoNEXO (NEXO) $ 1.32
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.995596
  • celestiaCelestia (TIA) $ 1.73
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,900.37
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999608
  • optimismOptimism (OP) $ 0.682365
  • falcon-financeFalcon USD (USDF) $ 0.999318
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 116,671.00
  • flokiFLOKI (FLOKI) $ 0.000109
  • fartcoinFartcoin (FARTCOIN) $ 1.02
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 196.75
  • wbnbWrapped BNB (WBNB) $ 788.08
  • conflux-tokenConflux (CFX) $ 0.200756
  • immutable-xImmutable (IMX) $ 0.532041
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.01
  • the-graphThe Graph (GRT) $ 0.096620
  • sonic-3Sonic (S) $ 0.292168
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.73
  • dogwifcoindogwifhat (WIF) $ 0.930517
  • clbtcclBTC (CLBTC) $ 120,697.00
  • pax-goldPAX Gold (PAXG) $ 3,294.54
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 115,543.00
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • saros-financeSaros (SAROS) $ 0.350543
  • pump-funPump.fun (PUMP) $ 0.002575
  • ethereum-name-serviceEthereum Name Service (ENS) $ 27.27
  • kaiaKaia (KAIA) $ 0.153455
  • lido-daoLido DAO (LDO) $ 0.995451
  • msolMarinade Staked SOL (MSOL) $ 229.24
  • paypal-usdPayPal USD (PYUSD) $ 0.999440
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.29
  • tezosTezos (XTZ) $ 0.802087
  • vaultaVaulta (A) $ 0.522189
  • theta-tokenTheta Network (THETA) $ 0.802037
  • tether-goldTether Gold (XAUT) $ 3,299.98
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,984.62
  • super-oethSuper OETH (SUPEROETH) $ 3,725.42
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,969.36
  • iotaIOTA (IOTA) $ 0.193939
  • raydiumRaydium (RAY) $ 2.85
  • jasmycoinJasmyCoin (JASMY) $ 0.014931
  • galaGALA (GALA) $ 0.015651
  • pendlePendle (PENDLE) $ 4.20
  • ousgOUSG (OUSG) $ 111.98
  • aerodrome-financeAerodrome Finance (AERO) $ 0.783565
  • the-sandboxThe Sandbox (SAND) $ 0.277087
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • pyth-networkPyth Network (PYTH) $ 0.116619
  • bittorrentBitTorrent (BTT) $ 0.00000069
  • usdx-money-usdxStables Labs USDX (USDX) $ 1.00
  • tbtctBTC (TBTC) $ 115,416.00
  • jito-governance-tokenJito (JTO) $ 1.78
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,699.00
  • zcashZcash (ZEC) $ 37.53
  • flowFlow (FLOW) $ 0.374259
  • newton-projectAB (AB) $ 0.008481
  • stader-ethxStader ETHx (ETHX) $ 3,933.89
  • usual-usdUsual USD (USD0) $ 0.997395
  • ripple-usdRipple USD (RLUSD) $ 0.999501
  • heliumHelium (HNT) $ 3.07
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 116,195.00
  • walrus-2Walrus (WAL) $ 0.407092
  • usddUSDD (USDD) $ 0.999451
  • morphoMorpho (MORPHO) $ 1.72
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 116,342.00
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,700.24
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.216555
  • decentralandDecentraland (MANA) $ 0.284604
  • beldexBeldex (BDX) $ 0.076463
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 4,092.99
  • bitcoin-svBitcoin SV (BSV) $ 26.75
  • based-brettBrett (BRETT) $ 0.052617
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,696.49
  • chain-2Onyxcoin (XCN) $ 0.015195
  • syrupMaple Finance (SYRUP) $ 0.434909
  • coredaoorgCore (CORE) $ 0.513239
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  • memecoreMemeCore (M) $ 0.310405
  • build-onBUILDon (B) $ 0.502749
  • swethSwell Ethereum (SWETH) $ 4,051.11
  • true-usdTrueUSD (TUSD) $ 0.995274
  • thorchainTHORChain (RUNE) $ 1.35
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  • arweaveArweave (AR) $ 7.03
  • telcoinTelcoin (TEL) $ 0.004949
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  • zebec-networkZebec Network (ZBCN) $ 0.005126
  • frax-etherFrax Ether (FRXETH) $ 3,659.13
  • keetaKeeta (KTA) $ 1.08
  • starknetStarknet (STRK) $ 0.118534
  • neoNEO (NEO) $ 6.12
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 3,731.16
  • compound-governance-tokenCompound (COMP) $ 45.54
  • dydx-chaindYdX (DYDX) $ 0.566772
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  • ecasheCash (XEC) $ 0.000021
  • aioz-networkAIOZ Network (AIOZ) $ 0.352509
  • elrond-erd-2MultiversX (EGLD) $ 14.56
  • dexeDeXe (DEXE) $ 7.28
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999765
  • kavaKava (KAVA) $ 0.379389
  • rekt-4Rekt (REKT) $ 0.00000098
  • treehouse-ethTreehouse ETH (TETH) $ 4,474.76
  • hashnote-usycCircle USYC (USYC) $ 1.10

Solana and Cardano Face Criticism from Justin Bons for Misleading TPS Claims

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Solana and Cardano Face Criticism from Justin Bons for Misleading TPS Claims

  • Justin Bons claims Solana’s actual TPS is 739, not 10,000, raising concerns about blockchain transparency.
  • Cardano’s actual TPS is 0.4, far below the claimed 18 TPS, according to Cyber Capital’s Justin Bons.
  • Allegations by Justin Bons suggest Solana and Cardano may be inflating their TPS metrics, misleading the crypto community.

Solana (SOL) and Cardano (ADA) have not been left behind, according to Justin Bons, the founder of Cyber Capital, who called for the halt of misleading the cryptocurrency community about the execution of TPS.

Bons says that both protocols have to be more accurate in their TPS measures, resulting in substantial differences between predicted and actual TPS capability. He has been credited for causing controversy within the blockchain segment, given his comments that have caused concerns regarding the exact capabilities of the blockchain.

Solana and Cardano’s Discrepancies in TPS Figures

Bons has accused Solana and Cardano of manipulating the TPS numbers as the worst offenders. He claims the TPS Solana delivers is about 739, far lower than the standard 10,000 TPS.

Likewise, he contends that Cardano has an actual TPS of just 0.4, while its peak TPS is 18 TPS. Bons stated that these differences are antithetical to conventional practices and that they deceive investors and users.

What great work from @Justin_Bons
This kind of pure talent is very rare on X these days. I hope he can soon analyze $QUBIC #Tickchain as well. #FTM #SOL #ADA #ETH #BTC https://t.co/NyeUOisRWm pic.twitter.com/fSnHrWNkgo

— doxy donn (@DoxyDonn) August 18, 2024

The controversy over Solana’s and Cardano’s TPS figures has proven that the cryptocurrency market is ready to reveal hidden facts and share statistically accurate information. Bons proposes that such statistics are perpetuated by some platforms that distort market understanding of the real numbers.

Community Reacts to Bons’ Accusations

Such accusations from Bons’ side provoked a sharp response from the cryptocurrency community, especially the Cardano community. Admirers of Cardano have claimed that the latest improvements, such as the Hydra improvement, prove that the system’s VP is still dedicated to making considerable advancements in this area.

Nevertheless, Bons is still sceptical and claims that Cardano needs to do even more Layer 1 scaling to bring more developers to adopt the platform. The same case applies to Solana, from which Bons’ criticism raised the network centralization and past poor performance concerns.

Solana continues to have its audience, which Bons credited to the network’s perceived high TPS capabilities. Due to this, there has been a comparison between Solana and Cardano, with Bons arguing that even with these shortcomings, Cardano could emulate Solana.

Ongoing Debate on Blockchain Metrics

With Solana approaching the mainstream, the debate between it and Cardano regarding TPS degradation began with a better understanding of the cryptocurrency industry overall. Further development of blockchain technology brings the problem of the need for honesty in reporting technical abilities.

People have to be confident that they are being provided with reliable data, and thus, Bons’ critique is essential to stress that the industry needs to be accurate.

In addition, this debate shows some difficulties in comparing one protocol to another, bearing in mind that some blockchains have different features, including their advantages and disadvantages.

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