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Solana hits record 10B weekly transactions, but SOL price stalls below $75 amid weak demand.

Protocol Fundamentals
05 Aug 2026
Tokenpost
View Source
Neutral
pluang ai news

Solana's blockchain processed a record 10.01 billion weekly transactions, highlighting strong network usage. However, the SOL token price remains capped below $75, showing limited near-term price recovery despite growing ecosystem activity. Upcoming Agave 4.2 upgrades aim to reduce costs and improve speed, potentially boosting developer and user engagement. Meanwhile, a governance proposal to accelerate token disinflation could tighten supply, but retail participation appears to be cooling amid broader market headwinds.

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