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#Solana just quietly became the settlement layer of crypto and has the gun powder to pass
$ETH this run
August 2026: 5.2 billion non-vote transactions.
That’s user activity: swaps, transfers, mints, payments, bots, not validator vote spam. And it was more than every other L1 and L2 combined.
🔥 June: 3.77B non-vote txns ≈ 56% of all other chains combined
🔥 July: 4.2B (record)
🔥 August: 5.2B, first time Solana alone beat the rest of the industry
🔥Peak days over 200M non-vote txns
🔥Throughput picked up after SIMD-0286 (block compute 60M to 100M CUs).
The chain didn’t just get faster. Usage filled the extra capacity.
Txn count isn’t the same as economic value. A lot of this is high-frequency / memecoin / arb flow.
But the gap vs ETH L1, Base, BSC, Tron, Sui, Aptos etc. is no longer close on raw activity.
@solana