In July, the number of active addresses on the Solana chain reached a new high of 54.33 million, an increase of 151% from the beginning of the year
According to The Block, data shows that in July, the number of active addresses on the Solana chain reached a historic high of 54.33 million, a significant increase of 151% from the beginning of 2024 when it was at 21.6 million. In addition, the number of non-voting transactions on the network also reached a peak of 1.3 billion in July, and the upcoming Firedancer upgrade is expected to push the network's performance to new heights. This alternative client deployment, developed by Jump Crypto, aims to significantly improve Solana's transaction processing capabilities and overall network resilience. Firedancer may enable Solana to process millions of transactions per second, far exceeding its current capacity. This upgrade will further solidify Solana's position as a high-performance blockchain.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Vitalik: Ethereum Must Scale Without Hurting Nodes
Vitalik wants faster #Ethereum scaling without hurting decentralization! ⚡🧠 ETH Foundation finally gets it! #ETH #crypto #blockchainVitalik Buterin Emphasizes a Balanced Ethereum FutureWhy Node Usability MattersSigns of Alignment from the Ethereum Foundation

Solana Leads DEX Volume for 5 Weeks in a Row
Solana tops all blockchains in DEX trading volume for the fifth consecutive week, maintaining strong DeFi momentum.Solana’s DEX Surge Signals Growing DeFi StrengthWhy Solana Is Outperforming Other ChainsA Sign of Long-Term Growth?

Allegation against Cardano founder: misappropriation of USD 620 million in ADA?

Bitcoin bulls should 'be careful with longs' as BTC price risks $100K breakdown
A potential inverse head-and-shoulders pattern suggests Bitcoin could retest $91,000 before any meaningful bullish breakout resumes.

Trending news
MoreCrypto prices
More








