Solana has reached a new milestone, processing more than 1 billion non-vote transactions in a single week, setting a new all-time high.
This marks a significant increase from its previous weekly record of about 962 million transactions, with activity coming from token transfers, decentralized exchanges, stablecoins, gaming and other on-chain applications.
The milestone adds to Solana’s growing network activity, with about 4.24 billion non-vote transactions recorded in July.
As more applications and users continue to operate on the network, Solana is also working on upgrades to increase transaction capacity, giving the blockchain more room to handle higher activity.
$SOL #Solana #Altcoin Season#
This marks a significant increase from its previous weekly record of about 962 million transactions, with activity coming from token transfers, decentralized exchanges, stablecoins, gaming and other on-chain applications.
The milestone adds to Solana’s growing network activity, with about 4.24 billion non-vote transactions recorded in July.
As more applications and users continue to operate on the network, Solana is also working on upgrades to increase transaction capacity, giving the blockchain more room to handle higher activity.
$SOL #Solana #Altcoin Season#