Crypto
Solana Users Complete $4B in Transactions via WalletConnect
The Solana network saw significant activity in the first half of 2026, with users completing nearly $4 billion in transactions via WalletConnect. This accounts for just under 2% of the total $207 billion network volume handled by WalletConnect.
Three protocols - Kamino, Jupiter, and Jito - drove this activity, focusing on liquidity strategies, trade aggregation, and liquid staking respectively.
The concentration risk exists as most activity is tied to these three protocols, which could impact the network if any face issues. This highlights the importance of ecosystem depth and user engagement.