Grayscale: Solana has become the settlement layer for over a thousand applications, processing over 100 million transactions daily this year.

Golden Finance reported that on July 1, Grayscale Research Director Zach Pandl stated that Solana has developed into a blockchain network capable of carrying large-scale applications, currently hosting over 1,000 decentralized applications. Since 2026, it has processed an average of over 100 million transactions per day, with an average of over 1,200 transactions per second, approximately 4.3 million daily active users, and has cumulatively contributed about $100 million in transaction fees to the network.

Grayscale pointed out that the Solana ecosystem covers multiple areas including decentralized finance (DeFi), social trading, and decentralized physical infrastructure (DePIN). Among them, the Solana DEX, where the decentralized trading platform Raydium is located, has a cumulative trading volume of over $360 billion this year; the Memecoin issuance platform Pump.fun has approximately 1.3 million monthly active users and a daily revenue of about $690k; the DePIN project Geodnet focuses on providing centimeter-level positioning infrastructure for physical AI systems such as autonomous driving, robotics, and drones.

Grayscale stated that Solana is continuously creating on-chain activities through its rich application ecosystem, and SOL provides investors with exposure to the network's long-term growth.