Solana Shatters Records with 5.2 Billion Transactions in August

Solana processed an unprecedented number of transactions in August, reaching a record 5.2 billion non-vote transactions.

This surge was driven by a major upgrade that increased compute limits per block by 66%, and a significant influx of ETF inflows totaling $1.34 billion.

The upgrade boosted transaction throughput to almost 2,000 transactions per second, supporting more complex DeFi and institutional activities on the network.

Solana's price rose 46% in August, marking its first positive monthly return in ten months.