Solana Smashes Transaction Record Amid Token Price Drop

Solana's transaction record has been shattered as it processed an all-time high of 112.6 million average daily non-vote transactions in Q1 2026, a 50% jump from the previous quarter.

This achievement comes despite Solana's token price falling by 33% to around $83 due to a broad market correction affecting altcoins.

The Real-world asset (RWA) value on Solana climbed 43% to $2.01 billion, indicating growth beyond speculative memecoin activity.

Messari's State of Solana report highlights the network's maturation into a settlement layer for tokenized finance, with analysts framing the activity gains as evidence of this development.