In August 2025, the Solana network achieved a record by processing 2.9 billion transactions, matching Ethereum’s total volume over its eight-year history.
Solana's Record Transactions
Co-founder Anatoly Yakovenko reported on X that the network processed 2.9 billion transactions in August, a 46% increase compared to the same period last year. Yakovenko highlighted that Solana accomplished what Ethereum took eight years to process in just one month.
Revenue and User Growth
Yakovenko noted that Solana apps generated approximately $148 million in revenue, showing a 92% rise compared to August 2024. Active addresses on Solana reached 83 million, doubling from the previous year. Over 1.34 million new tokens were launched in August.
SOL Price Dynamics Amid Optimism
Optimism surrounding the SOL treasury has raised its price. A leading DeFi firm disclosed the purchase of 196,141 SOL at an average of $202.76 per token. SOL’s price rose by 26.7% over the last month, now trading around $207.
August 2025 marked a pivotal turning point for Solana with rising user interest and investor confidence, reflecting increased transaction volumes and revenues.