Hamster Network has made headlines by achieving a remarkable milestone of processing 34,028 transactions per second (TPS), surpassing major blockchain platforms.

This impressive feat was announced via Hamster Kombat's Telegram channel just two weeks after the launch of Hamster Network, signaling a strong start for the platform.

With this achievement, Hamster Network aims to challenge Solana's dominance in high-speed blockchain applications, potentially reigniting interest in its Telegram-based tap-to-earn game.

In light of this breakthrough, an accelerator program is being introduced to support the development of decentralized applications (dApps), focusing on lower gas fees and enhanced scalability.

To ensure platform stability, Hamster Kombat is engaging its community through the 'Hamster Boost' initiative, rewarding users for participating in stress-testing the network.

The increased transaction speeds are expected to enhance the user experience by making decentralized applications (dApps) more responsive and efficient.

Following the announcement, the native token HMT saw a significant price increase from $2.35 to $2.95 within the first hour, reflecting strong investor confidence.

Trading volumes for HMT surged dramatically, rising from 1.2 million to 3.8 million tokens traded, indicating heightened market interest.

In the first 24 hours post-announcement, there was a 30% rise in new wallet addresses interacting with Hamster Network, signaling growing interest in the platform.

If Hamster Network continues to maintain its high speed and developer engagement, it could emerge as a significant player in the Layer-2 blockchain space.

The network is designed to provide a high-speed, low-cost environment for decentralized applications, addressing critical issues like high gas fees and network congestion.

However, it is important to note that theoretical TPS figures may not always reflect actual performance, as real-world results can often be lower than the peak claims made by various platforms.