๐ Solana canโt keep up with setting records anymore โ the second one in a week
On August 10, the network processed 171.9 million non-vote transactions in a day. For comparison: the previous high was on August 4 โ 169.9 million.
And this isnโt just an attractive number being inflated ๐
After the SIMD-0286 update, the compute limit per block was increased from 60 to 100 million CU. The network gained roughly +66% additional capacity โ and the market almost immediately figured out how to keep it busy.
But thereโs an interesting nuance ๐ค
๐ transactions โ a record number;
๐ธ fees โ still microscopic;
๐ network revenue, however, isnโt growing proportionally.
So for now, Solana is showing more about the scale of usage than the scale of earnings.
At the same time, more interesting signals are emerging: tokenized assets are growing, payment infrastructure is developing, and SOL ETFs continue to receive inflows.
So I wouldnโt jump to the conclusion:
โ172 million transactions = SOL will fly off right nowโ ๐
For now, Solana looks like a network that built a six-lane highway and is now wondering where all these cars came from ๐
On August 10, the network processed 171.9 million non-vote transactions in a day. For comparison: the previous high was on August 4 โ 169.9 million.
And this isnโt just an attractive number being inflated ๐
After the SIMD-0286 update, the compute limit per block was increased from 60 to 100 million CU. The network gained roughly +66% additional capacity โ and the market almost immediately figured out how to keep it busy.
But thereโs an interesting nuance ๐ค
๐ transactions โ a record number;
๐ธ fees โ still microscopic;
๐ network revenue, however, isnโt growing proportionally.
So for now, Solana is showing more about the scale of usage than the scale of earnings.
At the same time, more interesting signals are emerging: tokenized assets are growing, payment infrastructure is developing, and SOL ETFs continue to receive inflows.
So I wouldnโt jump to the conclusion:
โ172 million transactions = SOL will fly off right nowโ ๐
For now, Solana looks like a network that built a six-lane highway and is now wondering where all these cars came from ๐