Solana Becomes Settlement Layer for 1,000+ Applications with 100M+ Daily Transactions This Year

SOL1.93%
According to Grayscale research head Zach Pandl, on July 1, Solana blockchain has become the settlement layer for over 1,000 unique applications. This year, the network has processed daily average transaction volume exceeding 100 million with 4.3 million daily active users, generating approximately $100 million in cumulative transaction fees. Solana's decentralized exchange (DEX) trading volume has surpassed $360 billion this year, leading all blockchains.
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