Solana is currently congested with an Average Ping Time of 20-40s, 30-50% Ping loss, up to 50-80% failed transactions. Still unable to exceed 1200 True TPS.

https://solscan.io/ shows the Average Ping Time and drops at the bottom of their main page. There is currently about 30-50% loss and an average ping time of 20-40s. This means if you submit a transaction, it'll take that long before it gets included, and it has a high chance of not being included.

The whole network has been congested for days, and a lot of people are complaining about this in the Solana community.

High average ping time and loss

In addition, there are tons of failed non-vote transactions. I'm estimating around 50-80% of Tx are failing. This is due to all the spam and MEV that's been going on due to excessive meme coin activity on Solana. (If you don't believe me, just pick a random block on https://solscan.io/blocks and scroll down past the vote transactions.)

Failed transactions in a block

Most of you probably already know that Solana is not a 50k TPS network due to vote transactions. It's just marketing BS and misreporting.

For the longest time, I've suspected that Solana maxes out at 1100-1200 TPS in real life conditions. This is proof that even when the network is full with 30-50s wait times, it does not exceed 1200 True TPS. I've checked this chart dozens of times in the past 2 years during Solana congestion, and highest I've ever seen was 1200 True TPS.

Today's True TPS is about 900-1100 TPS

On average, non-vote transactions account for 10-20% of the total transactions. And the daily average of True TPS is about 300-400 TPS. Even during the spike in Dec 2023, it did not exceed 800 TPS.

Daily TPS

To be fair, 1000 TPS is still very fast compared to other blockchains. Though the experience is muddied when you're waiting a minute for a successful transaction.