Grayscale: Solana Has Become the Settlement Layer for Over a Thousand Apps, Processing Over 100 Million Transactions Daily This Year

BlockBeats News, July 1st, Grayscale's Research Head Zach Pandl stated that Solana has evolved into a blockchain network capable of supporting large-scale applications, currently hosting over 1000 decentralized applications. Since 2026, Solana has been processing over 100 million transactions per day, with an average of over 1200 transactions per second. The network has approximately 4.3 million daily active users and has contributed around $100 million in transaction fees.

Grayscale pointed out that the Solana ecosystem covers various areas, including Decentralized Finance (DeFi), social trading, and Decentralized Infrastructure (DePIN). For example, the Solana DEX where the decentralized trading platform Raydium is located has accumulated a total trading volume of over $360 billion in the past year. The meme coin issuance platform Pump.fun has around 1.3 million monthly active users and generates approximately $690,000 in daily revenue. The DePIN project Geodnet focuses on providing centimeter-level positioning infrastructure for physical AI systems such as autonomous driving, robots, and drones.

Grayscale stated that Solana is continuously creating on-chain activity through its rich application ecosystem, providing SOL holders with exposure to the network's long-term growth.