Solana Matches Other Blockchains in Monthly Active Users, Boosted by Robust Network Use
Table of Contents
You might want to know
- How does Solana's user activity compare with other blockchains?
- What factors are contributing to Solana's network revenue growth?
Main Topic
Solana (SOL) experienced a slight decline of 1.45% in its market price over a recent 24-hour period, dropping from $151.41 to $149.21 as observed between specific timestamps. This drop is within a broader context where the overall cryptocurrency market, as indicated by the CoinDesk 20 Index, also saw a decrease of 0.56% during the same timeframe.
During this period, SOL traded within a $4.58 range, reaching a peak at $153.67 before a significant sell-off caused prices to fall below the $150 psychological threshold. A surge in trading volume near the session’s low points to renewed buying interest at the $149 support level, illustrating an area where buyers seem keen on entering the market. Consequently, SOL managed to recover slightly, closing at $149.31.
Despite the temporary price fluctuation, new data from analytics platform Artemis has highlighted Solana’s rapidly increasing network robustness. As of June 2025, Solana equaled the combined monthly active addresses of all other Layer 1 and Layer 2 blockchains. This achievement in user growth coincides with a record-breaking network revenue tally, where Solana generated over $271 million in Q2 2025 according to Blockworks data. Significant here is that for the third consecutive quarter, Solana led all blockchains in network revenue, driven by transaction fees and out-of-protocol tips.
These metrics demonstrate Solana's standing as a foremost blockchain in terms of user activity and economic throughput. The steady increase in network revenue affirms the viability of Solana’s fee model and ecosystem activities, supportive even amidst market volatility. As developers and users persist in integrating Solana’s swift infrastructure, these trends might bolster long-term valuation despite any short-term pricing hurdles.
The rise in network revenue solidifies Solana's sustainable fee model, illustrating remarkable industry positioning. This trend of increased adoption and integration into Solana's advanced architecture is essential for its ongoing market relevance.
Key Insights Table
| Aspect | Description |
|---|---|
| Key Fact 1 | Solana matched monthly active users of all other blockchains combined as of June 2025. |
| Key Fact 2 | Generated more than $271 million in network revenue in Q2 2025. |
Afterwards...
Looking forward, as blockchain technology continues to evolve, further exploration into **scalability solutions** and enhanced security protocols is vital. Solana’s ongoing advancements in these areas will be crucial for maintaining **long-term growth** and industry leadership.
On the horizon remain opportunities in optimizing decentralized apps for wider user engagement while also potentially leveraging more sustainable energy solutions for blockchain operations. Such endeavors will thus critically define blockchain modernization and the role chains like Solana will play within the broader digital economy.