Solana has been SHIPPING
In July, @Solana absolutely dominated almost every major blockchain metric.
- Protocol Revenue: Solana generated $87M in July, 5x Ethereum and 300x Polygon.
- DEX Volume: Processed $116B, nearly 20% of all onchain trading, leading Ethereum ($79B) and all L2s combined ($59B).
- Transactions: Hit a record 3.53B non-vote transactions, 82% of total network activity.
- Active Addresses: Reached 103M in July, 25x Ethereum and ahead of Tron (77M).
- Tokens Launched: 1.76M new tokens, 2x Base and 17x Ethereum.
- Fee Efficiency: The only chain with consistently stable, low fees.
Shoutout to @defidevcorp for collecting all this valuable data and presenting it!
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