Solana transactions jump 45% in Q3 as fees rise 49%
- —Solana processed 14.2 billion transactions in Q3, up 45% from the prior quarter
- —Total fees rose 49% to $76 million while average cost per transaction stayed flat
- —Tokenized equity trading volume on Solana rose 45% to more than $6.9 billion
- —Ethereum network revenue fell to $40.6 million from $63 million, down about 36%
Why it matters: Solana's activity growth leans heavily on memecoins, while Ethereum revenue declines despite record staking.
Source: Koin Bülteni