Solana achieves 40% layer 1 throughput amid memecoin surge – overview

With transaction rates consistently between 2,000 to 5,000 per second, Solana handles increased memecoin activity efficiently, demonstrating its scalability and resilience.

In the last month, Solana’s DEX volume surpassed 110 billion USD, generating around 145 million USD in app revenue, showcasing its ability to convert volume into tangible economic value.