Buy Биткоин BTC
Bitcoin (BTC)
Buy Эфир ETH
Ethereum (ETH)
Buy BNB
BNB (BNB)
Buy Ripple XRP
Ripple (XRP)
Buy Tron TRX
Tron (TRX)
Buy Polygon Matik
Polygon (POL)
Buy Solana SOL
Solana (SOL)
Buy Dogecoin DOGE
Dogecoin (DOGE)
Buy Avalanche AVAX
Avalanche (AVAX)
Buy Cardano ADA
Cardano (ADA)
Buy Polkadot DOT
Polkadot (DOT)
Buy Syscoin SYS
Syscoin (SYS)

In January, the volume of transactions on the Solana network exceeded $951 billion

Altcoins: In January, the volume of transactions on the Solana network exceeded $951 billion

According to a report by The Block, the Solana network witnessed a surge in transaction volume, reaching a "multi-year high" of more than $951 billion in January. This is a 30 percent increase from the December 2023 volume of $738.8 billion.

The report emphasizes the significant growth in blockchain activity beyond 2023 and much of 2022. For example, #transaction volume on the Solana network hit a low of $40 billion in September 2023.

In January, the volume of transactions on the Solana network exceeded $951 billion
Transaction volume on the Solana network in 2023. Data: The Block.

In addition, the Solana coin has experienced a notable increase in value. In the last week alone, the asset's price has increased by about 18%. At the moment, the cryptocurrency is trading near the $100 mark.

In January, the volume of transactions on the Solana network exceeded $951 billion
SOL/USDT rate chart. Data: TradingView.

It is worth noting that the number of active addresses in the Solana network recently reached the maximum mark since January 2023.

Additionally, a report published in early 2024 showed that the Solana ecosystem has seen a consistent monthly number of active developers, ranging from 2,500 to over 3,000 over the past year.

Share this news and win 10 USDT with daily contest on CryptoFingers Telegram.
Make crypto bots for trading
Press Releases: WellingtonBlanc Announces Enhanced Brokerage Services to Support Modern Investors
London, United Kingdom – WellingtonBlanc has unveiled a fresh chapter in its brokerage services, setting out to make investing easier, smarter, and more accessible for everyday investors..
Press Releases: MEXC Celebrates ZEROBASE (ZBT) Listing with Airdrop+ Event Featuring 55,000 USDT Prize Pool
MEXC, a leading global cryptocurrency exchange, announced it will list ZEROBASE (ZBT) in the Innovation Zone at 13:00 on Oct 17, 2025 (UTC). To celebrate the listing, MEXC is launching..
Press Releases: MEXC Trading Volume Soars 537% as Traders Capture 5,000% Token Gains Amid Record September Growth
Global cryptocurrency exchange MEXC released its September trading data, revealing explosive growth across trading activity, token performance, and ecosystem engagement..
Mining: Bitdeer surpassed Riot and entered the top 5 largest miners after SEALMINER's expansion
Bitdeer Technologies has strengthened its position among the leaders of the global Bitcoin mining industry, overtaking the American company Riot Platforms and taking fifth place in terms..
⁝⁝⁝

Trending news

  • Artificial Intelligence (AI)
  • Altcoins
  • Bitcoin
  • DeFi
  • Ethereum
  • show more