Solana Shatters Transaction Records Amid Token Price Slide

Solana's network usage soared in Q1 2026, with average daily non-vote transactions reaching an all-time high of 112.6 million, a 50% increase from the previous quarter.

This milestone came despite Solana's token price plummeting 33% to near $83 due to a broad market correction that affected altcoins.

The growth in network usage is attributed to the increasing adoption of real-world assets (RWAs) on Solana, with their value surging 43% to reach $2.01 billion.