According to ChainCatcher, Max Resnick, chief economist at Anza, the company behind Solana research and development, stated at the Solana Breakpoint conference, "We reached 100,000 TPS in May. Not on the testnet, not in the white paper, but at launch. The market structure is also evolving in real time: proprietary market makers are squeezing spreads tighter, and SOL-USD trading volume is now three times that of Binance. Competition is extremely fierce, and the order book is getting tighter and deeper every day."
Anza Chief Economist Max Resnick: SOL trading volume on the Solana network is already three times that of Binance, indicating extremely fierce competition.
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