The network’s transaction throughput highlights production-grade scalability rather than episodic performance. Weekly averages show Solana [SOL] capturing approximately 40% of L1 transaction throughput, second only to the Internet Computer [ICP] at roughly 4,100 TPS. The memecoin comebackMemecoin activity on Solana has been accelerating again, with Daily Token Deployments climbing above 40,000, marking an 11-month high. Importantly, this resurgence aligned with sustained transaction throughput near 3,000–5,000 TPS, even during peak launch periods. High TPS lowers friction, attracts speculative activity, and reinforces Solana’s role as the preferred execution layer for memecoin cycles.