Research shows that throughput on Solana surpassed the leading EVM chain by a wide margin, leading researchers to predict that competing Layer 1 chains will out-do EVM chains.
An experiment from Dragonfly Research that compared the performance of six blockchains by testing the capacity of Automated Market Makers on each has found Solana’s Orca DEX was the clear winner in trades per second. It managed 273.34 trades per second and created a new block every 590 milliseconds.Binance Smart Chain (BSC) wasn’t too far behind with 194.6 trades per second on PancakeSwap, followed by Polygon (MATIC), Avalanche (AVAX), Celo (CELO), and finally Ethereum (ETH).A blog post by researcher “GM” argued that while there was a rich ecosystem built on Ethereum Virtual Machine (EVM) compatible chains, the results showed “if you want really high performance now you have to look outside the EVM space.” A now deleted line in an earlier version of the post suggested users will eventually need to “abandon the EVM.”Dragonfly Research is the research arm of Dragonfly Capital and its portfolio page shows that it has invested in Celo, Avalanche, Cosmos, and Near, which is mentioned in the report.