Solana (SOL) has solidified its place as a number one blockchain, setting a brand new milestone with unmatched community exercise over the previous day.
In response to Artemis information, the community processed a formidable 66.9 million transactions on Dec. 17. This achievement illustrates its rising recognition and effectivity.
This surge positioned Solana far forward of its friends, with its transaction quantity exceeding that of all main blockchains mixed. The community additionally led in consumer engagement, accounting for greater than half of the day by day energetic addresses throughout main blockchain platforms throughout the identical interval.
Moreover, decentralized buying and selling on Solana soared as properly, with Artemis reporting round $5 billion in day by day buying and selling quantity on decentralized exchanges — a testomony to the community’s scalability and effectivity.
Market specialists counsel that the launch of the Pudgy Penguins NFT mission’s native token, PENGU, on Solana contributed to this efficiency. This occasion not solely elevated consumer curiosity but in addition showcased the blockchain’s capability to deal with excessive ranges of exercise, cementing its popularity as a number one selection for Web3 purposes.