Solana Surges Past 10 Billion Transactions, But Price Stalls Below $75

Solana's blockchain has reached an impressive milestone, processing a record 10.01 billion weekly transactions, demonstrating strong network usage. However, despite this growth, the SOL token price remains capped below $75, indicating limited near-term price recovery.

The upcoming Agave 4.2 upgrades aim to reduce costs and improve speed, potentially boosting developer and user engagement. A governance proposal to accelerate token disinflation could tighten supply, but retail participation appears to be cooling amid broader market headwinds.