Conclusion

• Solana is by far the most performant as compared to NEAR and Ethereum, however if we look at transaction success rate then Solana fails miserable.
• Near and Ethereum shine in Transaction Success Rate with ~95% success rate.

Notes

• SQL Credit Kakamora

NEAR speed and performance

• Network performance over the past month of July has seen Max TPM around 584, which is higher from the performance earlier in May around 150-200 TPM as max.
• If we look at the median TPM network performance is around 25-40 TPM mostly.
• If we look at the average TPM network performance is around 35-50 TPM mostly.

How does NEAR stock up to other L1s in terms of speed and performance?

• Solana is by far the most dominant with around 3K as MAX TPM on most days, NEAR is more comparable to Ethereum in terms of MAX TPM on most days with around 200 TPM for NEAR and around 150 TPM for Ethereum.
• Solana dominates for median and average TMP as well, however NEAR is more comparable to Etheruem.

How does NEAR stock up to other L1s in terms of transaction success?

• Solana is fast, but sees a lot of transactions failures, about 25% failure rate on daily basis which is huge.
• Near has failure rate around 8-10% daily which is slightly more than ethereum at 4-6% daily.