Solana Network Activity Hits Record High as SOL Token Surges Past $100

Solana's network activity hit an all-time high in July 2026, processing 4.2 billion transactions, up 13.5% from June and a 91% increase since December 2025.

This surge in activity came as Solana's SOL token rallied by 40% over eight days to break the $100 mark for the first time since February.

The record transaction data was driven by increased demand for decentralized exchanges, with DEX volume on Solana jumping 103% week-over-week to $20.14 billion, and daily volume standing near $3.02 billion.