Solana Transactions Soar Past 4 Billion Amid SOL Price Surge
Solana's on-chain transaction count reached an all-time high in July, processing a staggering 4.2 billion transactions, up 13.5% from June.
This achievement comes as Solana's native token SOL surged by about 40% in just eight days, climbing above $100 for the first time since February, according to CoinMarketCap data.
The growth in transaction volume is significant, increasing by roughly 2 billion transactions since December, a 91% rise that predates the latest price move. Tokenized real-world assets on Solana approached $4 billion, with network use accelerating.