On August 19, Solana's blockchain network generated over $1 million in daily revenue, its highest in six months, driven by increased on-chain activity. This surge reflects strong demand for block space, benefiting validators and potentially boosting staking yields for SOL holders. In July, Solana's ecosystem apps earned $82.9 million, the highest monthly revenue since February, showing robust user engagement. While Solana ranks third among Layer-1 blockchains in protocol fees, this revenue growth suggests a durable recovery and positive outlook for the network's economic health and SOL token value.
On August 21, Solana experienced a surge in onchain activity, leading to a daily burn of 87,000 SOL tokens—the highest in nearly seven months and far above the usual 648 SOL. This spike suggests growing network usage, which has slightly increased mar...
Solana's real-world asset (RWA) ecosystem has surpassed $4 billion in total value and now has more than 350,000 holders, up from $3.7 billion and 313,000 holders in late July. This growth reflects increasing adoption of tokenized assets like Treasuri...
A cryptocurrency wallet linked to market maker Wintermute held $190.77 million in short positions on Hyperliquid as of August 24, with Ethereum as the largest short at $53.02 million, followed by Bitcoin and Solana. The wallet's short exposure increa...
Solana validators and delegators are voting on three key governance proposals: ratifying a network constitution, doubling the annual disinflation rate from 15% to 30%, and redesigning transaction fees to include a fixed inclusion fee and a resource f...
Solana validators are voting on major protocol changes including doubling the annual disinflation rate from 15% to 30% and updating the transaction fee model to a resource-based system. These changes aim to reshape Solana's economic structure, potent...
