Solana
Solana reaches record 4.2 billion monthly transactions despite SOL price decline
The Solana network processed 4.244 billion transactions in July, a new high, even as the SOL token lost value.
Solana logged a record 4.244 billion transactions during July, marking a significant throughput milestone for the blockchain. The surge in network activity occurred alongside a decline in the price of SOL, the network's native token. The divergence between transaction volume and token valuation underscores the distinction between network utility and market sentiment.
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