In a surprising turn of events, Sui, a blockchain network renowned for its focus on scalability and low fees, has outshone Solana, a top 10 cryptocurrency network, in terms of registered activity. According to recent data from Artemis, a leading blockchain statistics tool, Sui recorded an impressive 41 million transactions on April 3, surpassing Solana’s 27.7 million transactions during the same period.
The surge in activity on the Sui network can be attributed to a unique initiative involving the use of spam, a native token specifically designed to stress test the capabilities and limits of the blockchain. As part of this initiative, one billion spam tokens are issued daily, with rewards distributed among users based on their level of participation in sending transactions through the Sui network. Essentially, the more transactions a user initiates, the greater their share of spam tokens.
During the stress test, the network’s throughput surged to an impressive 863 transactions per second (TPS), eventually stabilizing at a still-impressive 650 TPS, as reported by X user Martyparty. With over 65 million transactions already processed during the stress test, the number is expected to continue rising as more users join in to earn more spam tokens. Notably, less than 60,000 unique users have participated in the test thus far.
To facilitate user transactions during the stress test, the spam team has developed a user-friendly web client hosting a cryptocurrency wallet capable of sending one transaction per second. Additionally, an on-chain mechanism has been implemented to track user transactions, calculate rewards, and enable users to mint spam tokens without relying solely on the provided web client.
Sui’s Strengths Shine Amid Solana’s Operational Challenges
Despite the significant surge in activity, the Sui network has demonstrated remarkable resilience, seamlessly handling the increased transaction volume without any operational disruptions. This bodes well for the network’s scalability and robustness in the face of heightened demand.
Meanwhile, Solana, while managing a lower transaction volume, has encountered operational challenges, prompting engineers to expedite software patches to address these issues. As Sui continues to push the boundaries of blockchain scalability through innovative initiatives like the spam stress test, the competition between blockchain networks is poised to intensify in the ever-evolving crypto landscape.