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Solana hits record 5.2B non-vote transactions in August after major upgrade and ETF inflows.

Protocol Fundamentals
01 Sep 2026
Crypto Briefing
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Bullish
Solana hits record 5.2B non-vote transactions in August after major upgrade and ETF inflows.

In August, Solana processed a record 5.2 billion non-vote transactions, driven by a major upgrade that increased compute limits per block by 66%, and a surge in ETF inflows totaling $1.34 billion. This upgrade boosted transaction throughput close to 2,000 transactions per second, supporting more complex DeFi and institutional activities. Solana's price rose 46% in August, marking its first positive monthly return in ten months. Continued fee revenue growth and sustained ETF inflows will be key indicators to watch for confirming this surge as a new baseline rather than a spike.

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