Grayscale: Solana has become the settlement layer for over a thousand applications, processing more than 100 million transactions per day on average this year.

BlockBeats News, July 1st — Grayscale’s Head of Research Zach Pandl stated that Solana has developed into a blockchain network capable of supporting large-scale applications, currently boasting over 1,000 decentralized applications. Since 2026, it has processed an average of over 100 million transactions per day, averaging more than 1,200 transactions per second, with around 4.3 million daily active users, contributing approximately $100 million in cumulative transaction fees to the network.

Grayscale pointed out that the Solana ecosystem covers multiple fields, including decentralized finance (DeFi), social trading, and decentralized physical infrastructure (DePIN). Of these, the Solana DEX where decentralized exchange Raydium is located has accumulated over $360 billion in trading volume this year; meme coin issuance platform Pump.fun has around 1.3 million monthly active users and an average daily income of around $690,000; DePIN project Geodnet focuses on providing centimeter-level positioning infrastructure for physical AI systems such as autonomous vehicles, robots, and drones.

Grayscale stated that Solana continues to generate on-chain activity through its rich ecosystem of applications, and SOL offers investors exposure to the network’s long-term growth.