Solana transactions hit record 4.2B as SOL rallies 40%
Summary
Solana set a new monthly transaction record in July with 4.2 billion transactions, up 13.5% from June and about 91% higher than December. Network activity rose alongside the expansion of tokenized real-world assets, with total tracked RWAs exceeding $38 billion and Solana’s RWA value nearing $4 billion, up nearly 12% month over month. SOL also surged about 40% in eight days, briefly topping $100 for the first time since February, helped by a broader crypto rebound and lower yields after the US Treasury announced larger long-dated bond buybacks.
