The Solana network (SOL) recently set a new activity record, highlighting its rapid growth in the cryptocurrency world. According to recent data, transaction volumes and the number of active users reached levels that exceeded previous peaks. In particular, the daily number of transactions exceeded 111 million, marking the highest figure in the last 20 weeks. This surge is attributed to the high popularity of meme coins and the expansion of the DeFi ecosystem, which attract both retail and institutional investors.
The blocked total value (TVL) in the network increased by 15% in just one day, exceeding 8.4 billion dollars, which places Solana in second place among DeFi platforms after Ethereum. The number of validation nodes reached an all-time high of 5200, indicating an increase in decentralization and network stability. Experts attribute this success to low fees, high throughput (up to 80,000 transactions per second), and the launch of platforms like Pump.fun, which facilitate token creation.
The increase in activity coincided with a rise in the price of the SOL token, which demonstrates a steady upward trend. In July 2025, the network became a leader in trading volumes on decentralized exchanges, surpassing competitors. These achievements position Solana as a serious player capable of challenging Ethereum's dominance, although questions about network stability remain a topic of discussion.
