Solana Hits Record Activity as SOL Drops 33%
— CryptoPotato
Solana's transaction volume hit a record high while SOL's price declined.
Solana set a record for daily transactions at 112.6 million despite a 33% Q1 SOL price drop.
- Solana's average daily transactions surged 50% in Q1 2026, reaching a record 112.6 million.
- DeFi TVL fell 22% to $6.16 billion, aligning with SOL's price drop, while Solana's DeFi TVL share slightly decreased from 6.9% to 6.7%.
- Real-world assets on Solana grew 43% to $2.01 billion, highlighted by BlackRock's BUIDL token and Ondo Finance's tokenized stocks.
Increased transaction activity on Solana could positively influence SOL's long-term value.