diff --git a/changelog/18.0/18.0.0/summary.md b/changelog/18.0/18.0.0/summary.md
index e0001324c26..903e6a95895 100644
--- a/changelog/18.0/18.0.0/summary.md
+++ b/changelog/18.0/18.0.0/summary.md
@@ -101,6 +101,14 @@ Vitess upgrade process from an earlier version if you need to use such a workflo
 Any MoveTables or Migrate workflow that moves a sequence table should only be run after all vitess components have been
 upgraded, and no upgrade should be done while such a workflow is in progress.
 
+#### <a id="vttablet-tx-throttler-dry-run"/>New Dry-run/monitoring-only mode for the transaction throttler
+
+A new CLI flag `--tx-throttler-dry-run` to set the Transaction Throttler to monitoring-only/dry-run mode has been added.
+If the transaction throttler is enabled with `--enable-tx-throttler` and the new dry-run flag is also specified, the
+tablet will not actually throttle any transactions; however, it will increase the counters for transactions throttled
+(`vttablet_transaction_throttler_throttled`). This allows users to deploy the transaction throttler in production and
+gain observability on how much throttling would take place, without actually throttling any requests.
+
 ### <a id="docker"/>Docker
 
 #### <a id="debian-bookworm"/>Bookworm added and made default
diff --git a/go/flags/endtoend/vttablet.txt b/go/flags/endtoend/vttablet.txt
index 571933310b8..ba53b392123 100644
--- a/go/flags/endtoend/vttablet.txt
+++ b/go/flags/endtoend/vttablet.txt
@@ -347,6 +347,7 @@ Usage of vttablet:
       --twopc_enable                                                     if the flag is on, 2pc is enabled. Other 2pc flags must be supplied.
       --tx-throttler-config string                                       Synonym to -tx_throttler_config (default "target_replication_lag_sec:2 max_replication_lag_sec:10 initial_rate:100 max_increase:1 emergency_decrease:0.5 min_duration_between_increases_sec:40 max_duration_between_increases_sec:62 min_duration_between_decreases_sec:20 spread_backlog_across_sec:20 age_bad_rate_after_sec:180 bad_rate_increase:0.1 max_rate_approach_threshold:0.9")
       --tx-throttler-default-priority int                                Default priority assigned to queries that lack priority information (default 100)
+      --tx-throttler-dry-run                                             If present, the transaction throttler only records metrics about requests received and throttled, but does not actually throttle any requests.
       --tx-throttler-healthcheck-cells strings                           Synonym to -tx_throttler_healthcheck_cells
       --tx-throttler-tablet-types strings                                A comma-separated list of tablet types. Only tablets of this type are monitored for replication lag by the transaction throttler. Supported types are replica and/or rdonly. (default replica)
       --tx-throttler-topo-refresh-interval duration                      The rate that the transaction throttler will refresh the topology to find cells. (default 5m0s)
diff --git a/go/vt/vttablet/tabletserver/tabletenv/config.go b/go/vt/vttablet/tabletserver/tabletenv/config.go
index 9b3a2fd7d37..cb91cf271ac 100644
--- a/go/vt/vttablet/tabletserver/tabletenv/config.go
+++ b/go/vt/vttablet/tabletserver/tabletenv/config.go
@@ -185,6 +185,7 @@ func registerTabletEnvFlags(fs *pflag.FlagSet) {
 	flagutil.DualFormatStringListVar(fs, &currentConfig.TxThrottlerHealthCheckCells, "tx_throttler_healthcheck_cells", defaultConfig.TxThrottlerHealthCheckCells, "A comma-separated list of cells. Only tabletservers running in these cells will be monitored for replication lag by the transaction throttler.")
 	fs.IntVar(&currentConfig.TxThrottlerDefaultPriority, "tx-throttler-default-priority", defaultConfig.TxThrottlerDefaultPriority, "Default priority assigned to queries that lack priority information")
 	fs.Var(currentConfig.TxThrottlerTabletTypes, "tx-throttler-tablet-types", "A comma-separated list of tablet types. Only tablets of this type are monitored for replication lag by the transaction throttler. Supported types are replica and/or rdonly.")
+	fs.BoolVar(&currentConfig.TxThrottlerDryRun, "tx-throttler-dry-run", defaultConfig.TxThrottlerDryRun, "If present, the transaction throttler only records metrics about requests received and throttled, but does not actually throttle any requests.")
 	fs.DurationVar(&currentConfig.TxThrottlerTopoRefreshInterval, "tx-throttler-topo-refresh-interval", time.Minute*5, "The rate that the transaction throttler will refresh the topology to find cells.")
 
 	fs.BoolVar(&enableHotRowProtection, "enable_hot_row_protection", false, "If true, incoming transactions for the same row (range) will be queued and cannot consume all txpool slots.")
@@ -366,6 +367,7 @@ type TabletConfig struct {
 	TxThrottlerDefaultPriority     int                           `json:"-"`
 	TxThrottlerTabletTypes         *topoproto.TabletTypeListFlag `json:"-"`
 	TxThrottlerTopoRefreshInterval time.Duration                 `json:"-"`
+	TxThrottlerDryRun              bool                          `json:"-"`
 
 	EnableTableGC bool `json:"-"` // can be turned off programmatically by tests
 
@@ -831,6 +833,7 @@ var defaultConfig = TabletConfig{
 	TxThrottlerHealthCheckCells:    []string{},
 	TxThrottlerDefaultPriority:     sqlparser.MaxPriorityValue, // This leads to all queries being candidates to throttle
 	TxThrottlerTabletTypes:         &topoproto.TabletTypeListFlag{topodatapb.TabletType_REPLICA},
+	TxThrottlerDryRun:              false,
 	TxThrottlerTopoRefreshInterval: time.Minute * 5,
 
 	TransactionLimitConfig: defaultTransactionLimitConfig(),
diff --git a/go/vt/vttablet/tabletserver/txthrottler/tx_throttler.go b/go/vt/vttablet/tabletserver/txthrottler/tx_throttler.go
index 0bc8c34a69b..a119b703d62 100644
--- a/go/vt/vttablet/tabletserver/txthrottler/tx_throttler.go
+++ b/go/vt/vttablet/tabletserver/txthrottler/tx_throttler.go
@@ -148,7 +148,7 @@ type txThrottler struct {
 
 	// state holds an open transaction throttler state. It is nil
 	// if the TransactionThrottler is closed.
-	state *txThrottlerState
+	state txThrottlerState
 
 	target     *querypb.Target
 	topoServer *topo.Server
@@ -170,6 +170,10 @@ type txThrottlerConfig struct {
 	// returns false.
 	enabled bool
 
+	// if dryRun is true, the txThrottler will run only on monitoring mode, meaning that it will increase counters for
+	// total and actually throttled requests, but it will not actually return that a transaction should be throttled.
+	dryRun bool
+
 	throttlerConfig *throttlerdatapb.Configuration
 	// healthCheckCells stores the cell names in which running vttablets will be monitored for
 	// replication lag.
@@ -182,8 +186,14 @@ type txThrottlerConfig struct {
 	topoRefreshInterval time.Duration
 }
 
-// txThrottlerState holds the state of an open TxThrottler object.
-type txThrottlerState struct {
+type txThrottlerState interface {
+	deallocateResources()
+	StatsUpdate(tabletStats *discovery.TabletHealth)
+	throttle() bool
+}
+
+// txThrottlerStateImpl holds the state of an open TxThrottler object.
+type txThrottlerStateImpl struct {
 	config      *txThrottlerConfig
 	txThrottler *txThrottler
 
@@ -221,6 +231,7 @@ func NewTxThrottler(env tabletenv.Env, topoServer *topo.Server) TxThrottler {
 		throttlerConfig = &txThrottlerConfig{
 			enabled:             true,
 			healthCheckCells:    healthCheckCells,
+			dryRun:              env.Config().TxThrottlerDryRun,
 			tabletTypes:         tabletTypes,
 			throttlerConfig:     env.Config().TxThrottlerConfig.Get(),
 			topoRefreshInterval: env.Config().TxThrottlerTopoRefreshInterval,
@@ -299,10 +310,10 @@ func (t *txThrottler) Throttle(priority int, workload string) (result bool) {
 		t.requestsThrottled.Add(workload, 1)
 	}
 
-	return result
+	return result && !t.config.dryRun
 }
 
-func newTxThrottlerState(txThrottler *txThrottler, config *txThrottlerConfig, target *querypb.Target) (*txThrottlerState, error) {
+func newTxThrottlerState(txThrottler *txThrottler, config *txThrottlerConfig, target *querypb.Target) (txThrottlerState, error) {
 	maxReplicationLagModuleConfig := throttler.MaxReplicationLagModuleConfig{Configuration: config.throttlerConfig}
 
 	t, err := throttlerFactory(
@@ -319,7 +330,7 @@ func newTxThrottlerState(txThrottler *txThrottler, config *txThrottlerConfig, ta
 		t.Close()
 		return nil, err
 	}
-	state := &txThrottlerState{
+	state := &txThrottlerStateImpl{
 		config:           config,
 		healthCheckCells: config.healthCheckCells,
 		throttler:        t,
@@ -342,7 +353,7 @@ func newTxThrottlerState(txThrottler *txThrottler, config *txThrottlerConfig, ta
 	return state, nil
 }
 
-func (ts *txThrottlerState) initHealthCheckStream(topoServer *topo.Server, target *querypb.Target) {
+func (ts *txThrottlerStateImpl) initHealthCheckStream(topoServer *topo.Server, target *querypb.Target) {
 	ts.healthCheck = healthCheckFactory(topoServer, target.Cell, ts.healthCheckCells)
 	ts.healthCheckChan = ts.healthCheck.Subscribe()
 
@@ -362,7 +373,7 @@ func (ts *txThrottlerState) initHealthCheckStream(topoServer *topo.Server, targe
 	}
 }
 
-func (ts *txThrottlerState) closeHealthCheckStream() {
+func (ts *txThrottlerStateImpl) closeHealthCheckStream() {
 	if ts.healthCheck == nil {
 		return
 	}
@@ -375,7 +386,7 @@ func (ts *txThrottlerState) closeHealthCheckStream() {
 	ts.healthCheck.Close()
 }
 
-func (ts *txThrottlerState) updateHealthCheckCells(ctx context.Context, topoServer *topo.Server, target *querypb.Target) {
+func (ts *txThrottlerStateImpl) updateHealthCheckCells(ctx context.Context, topoServer *topo.Server, target *querypb.Target) {
 	fetchCtx, cancel := context.WithTimeout(ctx, topo.RemoteOperationTimeout)
 	defer cancel()
 
@@ -388,7 +399,7 @@ func (ts *txThrottlerState) updateHealthCheckCells(ctx context.Context, topoServ
 	}
 }
 
-func (ts *txThrottlerState) healthChecksProcessor(ctx context.Context, topoServer *topo.Server, target *querypb.Target) {
+func (ts *txThrottlerStateImpl) healthChecksProcessor(ctx context.Context, topoServer *topo.Server, target *querypb.Target) {
 	var cellsUpdateTicks <-chan time.Time
 	if ts.cellsFromTopo {
 		ticker := time.NewTicker(ts.config.topoRefreshInterval)
@@ -407,7 +418,7 @@ func (ts *txThrottlerState) healthChecksProcessor(ctx context.Context, topoServe
 	}
 }
 
-func (ts *txThrottlerState) throttle() bool {
+func (ts *txThrottlerStateImpl) throttle() bool {
 	if ts.throttler == nil {
 		log.Error("throttle called after deallocateResources was called")
 		return false
@@ -418,19 +429,19 @@ func (ts *txThrottlerState) throttle() bool {
 	return ts.throttler.Throttle(0 /* threadId */) > 0
 }
 
-func (ts *txThrottlerState) deallocateResources() {
+func (ts *txThrottlerStateImpl) deallocateResources() {
 	// Close healthcheck and topo watchers
 	ts.closeHealthCheckStream()
 	ts.healthCheck = nil
 
-	// After ts.healthCheck is closed txThrottlerState.StatsUpdate() is guaranteed not
+	// After ts.healthCheck is closed txThrottlerStateImpl.StatsUpdate() is guaranteed not
 	// to be executing, so we can safely close the throttler.
 	ts.throttler.Close()
 	ts.throttler = nil
 }
 
 // StatsUpdate updates the health of a tablet with the given healthcheck.
-func (ts *txThrottlerState) StatsUpdate(tabletStats *discovery.TabletHealth) {
+func (ts *txThrottlerStateImpl) StatsUpdate(tabletStats *discovery.TabletHealth) {
 	if ts.config.tabletTypes == nil {
 		return
 	}
diff --git a/go/vt/vttablet/tabletserver/txthrottler/tx_throttler_test.go b/go/vt/vttablet/tabletserver/txthrottler/tx_throttler_test.go
index 4f5303aeb3f..e36d3517264 100644
--- a/go/vt/vttablet/tabletserver/txthrottler/tx_throttler_test.go
+++ b/go/vt/vttablet/tabletserver/txthrottler/tx_throttler_test.go
@@ -200,3 +200,54 @@ func TestNewTxThrottler(t *testing.T) {
 		assert.Equal(t, []string{"cell1", "cell2"}, throttlerImpl.config.healthCheckCells)
 	}
 }
+
+func TestDryRunThrottler(t *testing.T) {
+	config := tabletenv.NewDefaultConfig()
+	env := tabletenv.NewEnv(config, t.Name())
+
+	testCases := []struct {
+		Name                           string
+		txThrottlerStateShouldThrottle bool
+		throttlerDryRun                bool
+		expectedResult                 bool
+	}{
+		{Name: "Real run throttles when txThrottlerStateImpl says it should", txThrottlerStateShouldThrottle: true, throttlerDryRun: false, expectedResult: true},
+		{Name: "Real run does not throttle when txThrottlerStateImpl says it should not", txThrottlerStateShouldThrottle: false, throttlerDryRun: false, expectedResult: false},
+		{Name: "Dry run does not throttle when txThrottlerStateImpl says it should", txThrottlerStateShouldThrottle: true, throttlerDryRun: true, expectedResult: false},
+		{Name: "Dry run does not throttle when txThrottlerStateImpl says it should not", txThrottlerStateShouldThrottle: false, throttlerDryRun: true, expectedResult: false},
+	}
+
+	for _, aTestCase := range testCases {
+		theTestCase := aTestCase
+
+		t.Run(theTestCase.Name, func(t *testing.T) {
+			aTxThrottler := &txThrottler{
+				config: &txThrottlerConfig{
+					enabled: true,
+					dryRun:  theTestCase.throttlerDryRun,
+				},
+				state:             &mockTxThrottlerState{shouldThrottle: theTestCase.txThrottlerStateShouldThrottle},
+				throttlerRunning:  env.Exporter().NewGauge("TransactionThrottlerRunning", "transaction throttler running state"),
+				requestsTotal:     env.Exporter().NewCountersWithSingleLabel("TransactionThrottlerRequests", "transaction throttler requests", "workload"),
+				requestsThrottled: env.Exporter().NewCountersWithSingleLabel("TransactionThrottlerThrottled", "transaction throttler requests throttled", "workload"),
+			}
+
+			assert.Equal(t, theTestCase.expectedResult, aTxThrottler.Throttle(100, "some-workload"))
+		})
+	}
+}
+
+type mockTxThrottlerState struct {
+	shouldThrottle bool
+}
+
+func (t *mockTxThrottlerState) deallocateResources() {
+
+}
+func (t *mockTxThrottlerState) StatsUpdate(tabletStats *discovery.TabletHealth) {
+
+}
+
+func (t *mockTxThrottlerState) throttle() bool {
+	return t.shouldThrottle
+}