Grayscale: Solana Processes Over 100 Million Daily Transactions, Hosts 1,000+ DApps

Chainthink

Release Time:

SOL

$76.10-1.89%

Summary

Grayscale noted that Solana has processed over 100 million daily transactions since 2026, averaging 1,200 per second. The network upgrade has enabled the chain to support over 1,000 DApps and 4.3 million daily active users. DeFi exploit risks remain low as the ecosystem expands into DeFi, social trading, and DePIN. The Solana DEX has recorded $3.6 trillion in trading volume this year, while Pump.fun generates $69,000 in daily revenue. Geodnet provides centimeter-level positioning for autonomous technologies. SOL offers exposure to the network’s growth.

On July 1, according to Zach Pandl, Head of Research at Grayscale, Solana has become a blockchain network supporting large-scale applications, with over 1,000 decentralized applications currently live.

Since 2026, it has processed over 100 million transactions daily, averaging more than 1,200 transactions per second, with approximately 4.3 million daily active users and contributing a total of around $100 million in transaction fees.

Grayscale stated that the Solana ecosystem now spans DeFi, social trading, and DePIN.

Among these, Solana DEX has accumulated over $360 billion in trading volume this year, Pump.fun has approximately 1.3 million monthly active users and an average daily revenue of $690,000, and Geodnet focuses on providing centimeter-level positioning infrastructure for physical AI systems such as autonomous vehicles, robots, and drones.

Grayscale stated that a rich ecosystem of applications is continuously driving growth in Solana's on-chain activity, and SOL provides investors with exposure to the network's long-term growth.

Source:Show original

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.