@Solana Official just flipped the switch.
5 million daily active addresses. $5.2B weekly memecoin volume. 46% rally in 14 days.
And a governance vote that could permanently tighten SOL supply.$SOL
đ The numbers that matter:
SOL hit $109.41 on Aug 27 â highest level of the year
Up 46% from mid-August lows near $75
First close above $100 since February
5 MILLION daily active addresses â a new all-time high
4.2B on-chain transactions in July â up 91% from December
1.32B non-vote transactions in a single week â the most active 7-day stretch ever
Memecoin volume hit $5.2B weekly â highest since January
Solana now captures ~85% of ALL memecoin volume across major chains
Pump.fun processed ~$169M in bonding curve volume on Aug 25 alone
đ§ The governance wildcard:
Validators just voted on SGP-0002 & SGP-0003
SGP-0002: Double inflation reduction rate â terminal 1.5% by 2029 instead of 2032
SGP-0003: Burn transaction fees permanently â daily burns could hit 7,500â9,000 SOL vs current 650
Translation: Supply could get tighter. Much tighter.
đ The verdict:
SOL broke $100. ETFs are flowing. Active addresses hit 5M. Memecoin volume is exploding. And governance is moving to make SOL more scarce.
This is the most bullish confluence of Solana metrics since the last cycle peak.
đ§ 5M daily users. $5.2B volume. Supply about to shrink. Is this the start of Solana's next leg up â or peak euphoria?
5 million daily active addresses. $5.2B weekly memecoin volume. 46% rally in 14 days.
And a governance vote that could permanently tighten SOL supply.$SOL
đ The numbers that matter:
SOL hit $109.41 on Aug 27 â highest level of the year
Up 46% from mid-August lows near $75
First close above $100 since February
5 MILLION daily active addresses â a new all-time high
4.2B on-chain transactions in July â up 91% from December
1.32B non-vote transactions in a single week â the most active 7-day stretch ever
Memecoin volume hit $5.2B weekly â highest since January
Solana now captures ~85% of ALL memecoin volume across major chains
Pump.fun processed ~$169M in bonding curve volume on Aug 25 alone
đ§ The governance wildcard:
Validators just voted on SGP-0002 & SGP-0003
SGP-0002: Double inflation reduction rate â terminal 1.5% by 2029 instead of 2032
SGP-0003: Burn transaction fees permanently â daily burns could hit 7,500â9,000 SOL vs current 650
Translation: Supply could get tighter. Much tighter.
đ The verdict:
SOL broke $100. ETFs are flowing. Active addresses hit 5M. Memecoin volume is exploding. And governance is moving to make SOL more scarce.
This is the most bullish confluence of Solana metrics since the last cycle peak.
đ§ 5M daily users. $5.2B volume. Supply about to shrink. Is this the start of Solana's next leg up â or peak euphoria?
