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    Home»Altcoins»From $160 to $215: Solana’s Report Progress Places Ethereum within the Rearview – BlockNews
    From 0 to 5: Solana’s Report Progress Places Ethereum within the Rearview – BlockNews
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    From $160 to $215: Solana’s Report Progress Places Ethereum within the Rearview – BlockNews

    By Crypto EditorSeptember 7, 2025No Comments4 Mins Read
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    • Solana processed 2.9B transactions in August 2025, matching Ethereum’s lifetime whole in only one month.
    • Community income hit $148M in August, whereas energetic addresses doubled year-over-year to 83M.
    • Institutional demand is heating up, with DeFi Improvement Corp boosting its Solana holdings to over $409M.

    Solana simply pulled off a staggering milestone that its co-founder, Anatoly Yakovenko, couldn’t assist however brag about on X. In August 2025 alone, the Solana community processed 2.9 billion transactions. To place that into perspective—that’s about the identical variety of transactions Ethereum has managed since launching method again in 2015.

    What makes it wilder is that this wasn’t only a random spike. Transaction throughput jumped 46% in comparison with August of final yr, that means Solana’s community just isn’t solely scaling, it’s scaling at breakneck velocity. Ethereum wanted eight years to succeed in that determine, Solana cranked it out in 30 days.

    Yakovenko additionally identified another record-breakers: app revenues for the month hit $148 million, virtually double what they had been in August 2024. On prime of that, Solana’s energetic addresses doubled to 83 million, and greater than 1.3 million new tokens launched on the chain in only one month—fueled partly by meme-token mania.

    Solana’s Progress Story: Customers, Income, and Meme Tokens

    Solana didn’t simply transfer transactions—it pulled in severe cash. On-chain app income jumped practically 93% year-over-year, placing it forward of competing networks by a large margin. The expansion exhibits Solana isn’t simply quick; it’s monetizing that velocity.

    Consumer adoption surged too. With 83 million energetic wallets in August, the community doubled its person base in a yr. That sort of progress is uncommon in crypto proper now. And whereas meme cash is perhaps driving the majority of these 1.34 million new token launches, it nonetheless speaks to how a lot developer exercise is flowing into Solana.

    Yakovenko summed it up bluntly: “2.9 billion txs final month for Solana vs Ethereum has performed about 2.9 billion txs in its lifetime.” The comparability wasn’t nearly bragging rights—it underscored Solana’s positioning because the blockchain greatest outfitted for scale.

    Establishments Guess Massive on Solana

    The bullishness wasn’t restricted to customers and devs. DeFi Improvement Company (Nasdaq: DFDV) introduced it had bought one other 196,141 SOL at a mean of $202.76. That brings its whole to over 2 million SOL, value roughly $409 million.

    The agency adopted a Solana treasury coverage earlier this yr, and it’s not simply holding tokens—it’s actively staking them throughout validators (together with its personal). That technique lets it earn yield whereas serving to safe the community. As of September 5, DFDV reported a “SOL per Share” ratio of 0.0793, giving buyers a option to straight worth its Solana reserves.

    1/ Achievement Unlocked: 2 Million $SOL ✅

    At the moment, we announce the acquisition of 196,141 SOL at an avg. value of $202.76, bringing whole treasury holdings to 2,027,817 SOL.

    This newest buy marks an +11% improve from our prior acquisition introduced on August 28, 2025. 🧵 pic.twitter.com/31YUMpvZOw

    — DeFi Dev Corp. (DFDV) (@defidevcorp) September 4, 2025

    SOL Worth Motion: A Bullish Sign?

    With all of the momentum, Solana’s value has mirrored the optimism. SOL rallied greater than 26% within the final 30 days, climbing from round $160 in early August to a peak of $215 by early September. At press time, it was sitting close to $207, with a whopping $5.6 billion in 24-hour quantity.

    The worth motion hasn’t been completely easy—there have been small pullbacks alongside the way in which—however merchants appear to agree that Solana’s fundamentals are backing up the rally. If utilization retains rising at this tempo, many buyers imagine the $215 mark might simply be one other stepping stone.

    Disclaimer: BlockNews supplies unbiased reporting on crypto, blockchain, and digital finance. All content material is for informational functions solely and doesn’t represent monetary recommendation. Readers ought to do their very own analysis earlier than making funding selections. Some articles might use AI instruments to help in drafting, however each piece is reviewed and edited by our editorial staff of skilled crypto writers and analysts earlier than publication.





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